, 1866-07-27

The Bank Of England.
IFrom the Liverpool Mall, July Ill

U
etll strangely persisted IN at The Bank Of England
forward tsso main excuses: FirsNy. That iae
the interest Of its +hareho!lers. a. ii IL not really
State bank, becnuse they find an undue pressure Of
busife6s, ow1nc to The m Ailiingness Of osh-r
fl. .ncia1 Institutions 10 utilize lhe1s floating cspl-
ta1 .Sttoadiy, because specie continues 10 be
withdrawn IRON ibe Continent.
Ar lcearts The 6rst. excuse, itls enough TO an
swer that 20 long as The Bsnk viii rsrtst IN hese
minor 1nst1tus!ons 10 hoaru bank notes 1nstcad
Of either TetuthfnS Them 70 The gank freely Dis
Of Inc restoration OF o1dlnsry commercial ccn-
p1s cent no'a sisrsS q p!e's he paat SisSfe q
Wn6 afe tsperienen, 1noTe Of % iess a5riiznent @ oi
1edss counting facilities nom the stoppage Of suu-
aIy Lonoon eanks o. other er7s discoanins In:tl
quen!y require hauk notes beyond lhefr oe.l,rasly
tn1ied maximum. which alone 1s dolcd ont TO la4Hl
al unpeF cen1* We e1ediul5 heard Of great bank
In great manufacturing emporium that va: thus
strung up to eltten per cent Tor about 900 only
the olhcfday II II be eleven ptr cent to the hank
ert. bow much moe must It be to thel. cus:omers'
cha..er and the original bank acts. leen1z1n. H. eu
nhaical!y contradict the pretence ttat the ai Of
Enrlard il not s,a'e Bauk." Nts 80 IL tbetease
Of being bound By law, In return for Its State priv
1t sqna md indifferent rates for ihe trade
ard commerce oi The country. No9eoycs. We an:
49, " @fN4STA@hS AAeHA N"'@A~ FAeAA-A~0
] he follow tur comparisons Of the prices Of Con-
so ne ihie 81 oi.eSnnI m ano d aos a11Ia m u hnon
present peculiar slate Of financial aHa'ss:
BULLION 1T uASK or ENGLAND.
July II, 1865. July II, 1866. FL ,5sl, I'D
RAzH Or DISCOUNT.
0'' - 1s'''''r rr,er ar rorso,s ~eA''
t,,r "a ,eeo W " r iGnso 9nSs - ,ss- m -
Ii :le :ste OF Fach ttl,stuli57ng facts and
three wetks ago by ths EeonoaeSt-sa County
.hs hans ot Eaglaua sealanon exceeds 1sS a;9a
~ IL rsfc shon N hr snr atr a:sn hs,eyrr:. Sm
I'll. a e,.ot - a. onr, , ,hc citv .1,'cie
~ ~ o 1G .r M; II ~ noies nf,s med.
Sa,i~ aa.,e. .o.o tT thi liz - @ Eiaea ~ ,sr ~
ts 1stqxn III the i.nk nf Epoian 'he nns,.ton of
thn, cstsi;,,sb@ncn, m .rnnid inneinr nf Tho mi
sna ~ ~ a,Na ~ h, 10 e. a. "a W. ina Iu
te w h3hsr - rsis mn y. n.r E1 ~ " N'
~ =. p.n.5a tha rnnn,rnI1rsrv snai, r,,r,,,ont,;
siai1 o. tnc nanx1 epeS,e .he M nanE pe'ors nave haye
n.r 3,niT enS rnr;aa ~ ,s.s1s,enre ~ .. - ,1aI
srtn,tnnsta ratn .1rs1, ~ 81
ihe bee, and sounde.t comme,eial GiiIs ~ mt oaiv M
i Enrope sni n mo;t nasts o. ne Wofid,
za.es j,tn .aI,s paah "
snelTl9n! ,sa aaE panA , Gas erasn oet almost
S<s,s 1has ~. e+,ssinss 49, H. sao " ~
en1nE mi ihc ,rc1f i,n, III .nch 'In-
nTa nq stsrnsa5 u =. n. ms si sGa 20
pas q anf 5 .. fa an nSa
IT. h1ee ~ nn1 ~ ~ r1 n F1n,e ~ H. cu ~, M9sa
broaueast III he SEEDS ot rlat Of mone3. sna ires
snT Tf~arir rTnn Of ali deseein,inns ii ru.htoon,
ec61s.Ions e0s and mnnns III On rfncs nnh1,r.
Alas We tad.Snaatiy siirm assin tha. al, this IN
neIeien al modc1n i,aoetsIT tcseneo ind II l. m
Eeld 10 Be 20 5,y innu1aefs6Ie fanatics aho ase
cnurtics1 ~ tI.ders Who hsve hen c1onp1 down md
mi, I'd bS th1s noyci and fans.irai s.cus Of none.
sTc1c. fsise!v - csiicd foot}nT hacE tn 1nnrn
rn,f5,n IA hnre:t tsfea and iooEfa1 aern.s 10
Continental M Esehsnges, nav bitterly Complain, ,ee
ssoIa Il 1,at.ar ifn1ess sr1,r fnhsneE6enf mem
H. ~ r rsrifsnpn+ cnerTc,ea1iv taSes IN tna end
rcis cn bcnaf Of the mefcscitis world, these sef.
e,as,ca ~. M, he 1cit n nm ter dmas,rop3
excaes ncd IN renrndnee themselves eTc lon: In a
iii in;eutcr fosa, md win more u1despleat cs.
mi rt,fu, men Will hare their ,silful way. And
vc rs,her that Ibis wpptep. .headed Monetary JUG
,r.,aen1 l. ~ he an, rnurb ridden oytr liz mos.
Eate hsdtes Of lie rteat ipdusir,al and commercial
;1arrsIs of,hr rs.cst an esl,h3est Of tne !, elf
e. E.t,h e ..v .iam;c,rt ~ fhs xnh5ncH TONG
- III ~ rhssIsnsf P-n,es, Wntch We