Download or read book The History of Canadian Currency, Banking and Exchange written by Adam Shortt and published by Forgotten Books. This book was released on 2018-09-13 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The History of Canadian Currency, Banking and Exchange: Further Expansion and Crisis The bank would no doubt have sought to secure a charter, but, considering the auspices under which it was started and its political affinities, there was no chance of its charter passing the Legislative Council. Yet, without a charter, it it attempted to issue notes of a lower denomination than four dollars, it would find itself in conflict with the currency act of 1830, which pro hibited, in the case of banks not incorporated by law, the circu lation of notes for smaller sums than one pound currency. The movements of the new banking house were therefore watched with considerable interest. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.