Читать книгу Readings in Money and Banking - Chester Arthur Phillips - Страница 90

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[35]The money of modern English commerce and finance is the cheque, and the credit dealt in in the London money market is the right to draw a cheque. …

Now that we have come to the point at which the manufacture of the right to draw cheques has to be made as clear as may be, it will be well to come into close touch with the facts of the case and look at a bank balance-sheet of to-day. In order to get a fair average specimen I have taken the latest available balance-sheets of half a dozen of the biggest London banks, and put their figures together. … Let us examine the aggregated specimen that I have drawn up.