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Many balloons despatched from Paris and other places Oct. 1870-Feb. 1871 EQUESTRIAN ASCENTS. Mr. Green affirms that he ascended from London, on a horse attached to a balloon, though few persons seem to be aware that the experiment was made

May, 1828 He did so from Vauxhall gardens with a very diminutive pony July, 1850 Lieut. Gale, an Englishman, made an ascent with a horse from the Hippodrome of Vincennes, near Bordeaux. On descending and detaching the animal from the balloon, the people who held its ropes, from some misconception, prematurely let them go, and the unfortunate aeronaut was rapidly borne in the air before he was quite ready to resume his voyage. (He was discovered next morning dashed to pieces in a field a mile from where the balloon was found) 8 Sept. The ascent of Madame Poitevin from Cremorne gardens, near London, as " Europa on a bull" (a feat she had often performed in France), and several ascents on horses, brought the parties concerned before the police-courts on a charge of cruelty to animals, and put an end to experiments that outraged public feeling. M. Poitevin ascended on a horse in the vicinity of Paris, about the time just mentioned; was nearly drowned in the sea, near Malaga, while descending from his balloon in 1858, and died soon after.

SCIENTIFIC ASCENTS.

Aug. 1852

Gay-Lussac and Biot at Paris, 23 Aug.; Gay-Lussac (to the height of 22,977 feet) 15 Sept. 1804 Bixio and Barral at Paris (to the height of 19,000 feet. They passed through a cloud 9000 feet thick)

Mr. Welsh ascends, 17, 26 Aug.; 21 Oct. and

1850 το Νον. 1852

Scientific balloon ascents having been recommended by the British Association and funds provided, Mr. James Glaisher commenced his series of ascents, provided with suitable apparatus, in Mr. Coxwell's great balloon, at Wolverhampton: he reached the height of 5 miles, He ascended to the height of about 7 miles at Wolverhampton: at 5 miles high he became insensible; Mr. Coxwell lost the use of his hands, but was able to open the valve with his teeth; they thus descended in safety 5 Sept.

17 July, 1862

He ascended at Newcastle during the meeting of the British Association

9 Oct.

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31 Aug. 1863 His 16th ascent; surveys London His 17th ascent at Woolwich; descends at Mr. Brandon's, Suffolk (1st winter ascent this century)

.

12 Jan. 1864 He ascends from Woolwich (24th time) 30 Dec. His 25th ascent 27 Feb. 1865 Other ascents 2 Oct., 2 Dec. 1865; and in May, 1866 Nadar ascended in his "Géant" balloon at Paris, 23 June, Glaisher's "Travels in the Air" published Jan. 1871

BALLOT (French ballotte, a little ball). Secret voting was practised by the ancient Greeks and Romans, and the modern Venetians, and is now employed in France, in the United States of North America, and, since 1872, in Great Britain.

A ballot-box used in the election of aldermen of
London in

1526

Its use by the company of merchant adventurers, in electing an agent, was prohibited by Charles I. 17 Dec. 1637 The ballot-box used by the "Rota," a political club at Miles's coffee-house, Westminster A tract entitled "The Benefit of the Ballot," said to have been written by Andrew Marvell, was published in the "State Tracts" Proposed, in a pamphlet, to be used in the election of members of parliament

.

1659

1693

1705

A bill authorising vote by ballot passed the commons, but rejected by the lords,

1710

George Grote introduced into the commons a ballot bill six times.

1833-39

The ballot an open question in whig governments

1835-72

1856

Dec. 1851

The ballot adopted in Victoria, Australia Secret voting existed in the chamber of deputies in France from 1840 to 1845. It has been employed since the coup d'état in The house of commons rejected the ballot-257 being against, and 189 for it 30 June, 1851 For many years it was annually proposed by Mr. Henry Berkeley; it was rejected (by 161 to 112, 12 July, 1867). He died 10 March, 1870 A test-ballot was adopted at Manchester, and Ernest Jones was thus chosen as a candidate for representing the city in parliament. He died the next day

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The ballot was employed in electing the London school board in 9 districts 29 Nov. The ballot recommended in the queen's speech, 9 Feb.; a bill for it introduced, passed by the commons; rejected by the lords (97 to 48). 10 Aug. 1871 Bill to amend the law relating to procedure at parliamentary and municipal elections, including the ballot, read in the commons, 2nd time, 109-51, 15 Feb.: passed the commons, 271-216, 30 May; read second time in the lords (86-56), important amendments carried in committee, making secret voting optional (162-91); read a third time, and passed, 25 June; lords' amendments mostly rejected by the commons; the optional clause given up by the lords, 8 July; royal assent (to continue in force till 31 Dec. 1880) 13 July, 1872 The first election by ballot was at Pontefract, when Mr. H. E. Childers was re-elected very peacefully, 15 Aug. Dec. 1872-Feb. 1873

Reported to work well at several elections

BALL'S BLUFF, Virginia, on the banks of the Potomac, North America. On 21 Oct. 1861, by direction of the Federal general C. P. Stone the heroic col. Baker crossed the river to reconnoitre. He attacked the Confederate camp at Leesburg, and was defeated with great loss. The disaster was attributed to mismanagement, and in Feb 1862, general Stone was arrested on suspicion of treason. BALLYNAHINCH (Ireland), where a sanguinary engagement took place between a large body of the insurgent Irish and the British troops, under gen. Nugent, 13 June, 1798. A large part of the town was destroyed, and the royal army suffered very severely.

BALMORAL CASTLE, Deeside, Aberdeenshire; visited by her majesty in 1848, 1849, 1850. The estate was purchased for 32,000l. by prince Albert in 1852. In 1853 the present building, in the Scotch baronial style, was commenced, from designs by Mr. W. Smith of Aberdeen.

BALTIC SEA, OSTSEE, or EASTERN SEA, separates Sweden and the Danish isles from Russia, Prussia, and Germany. Declared neutral for commerce by treaty between Russia and Sweden, 1759, and Denmark, 1760. It is often partially frozen. Charles X. of Sweden, with an army, crossed the Belts in 1658, and the Russians passed from Finland to Sweden on the ice in 1809.

BALTIC EXPEDITIONS.

Against Denmark. See Armed Neutrality.-1. Under lord Nelson and admiral Parker, Copenhagen was bombarded, and twenty-eight sail of the Danish fleet taken or destroyed 2 April, 180x 2. Under admiral Gambier and lord Cathcart, eighteen sail of the line, fifteen frigates, and thirtyone brigs and gunboats surrendered to the British, 26 July, 1807 Against Russia.-1. The British fleet, commanded by sir Charles Napier, sailed from Spithead in presence of the queen, who led it out to sea in her yacht, the Fairy 11 March, 1854

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BALTIMORE, a maritime city in Maryland, United States, founded in 1729. On 12 Sept. 1814, the British army under col. Ross advanced against this place. He was killed in a skirmish; and the command was assumed by col. Brooke, who attacked and routed the American army, which lost 600 killed and wounded and 300 prisoners. The projected attack on the town was, however, abandoned. Alison. See United States, 1861.

BAMBERG (Bavaria), said to have been founded by Saxons, in 804, and endowed with a church by Charlemagne. It was made a bishopric in 1007, and the bishop was a prince of the empire till the treaty of Luneville, 1801, when Bamberg was secularised. It was incorporated with Bavaria in 1803. The noble cathedral, rebuilt in 1110, has been recently repaired. Bamberg was taken and pillaged by the Prussians in 1759.

BAMBOROUGH, or Bamburg, Northumberland, according to the "Saxon Chronicle," was built by king Ida about 547, and named Bebbanburgh. The castle and estate, the property of the Forsters, and forfeited to the crown, through their taking part in the rebellion in 1715, were purchased by Nathaniel lord Crewe, bishop of Durham, and bequeathed by him for various charitable purposes. The valuable library was founded by the trustees in 1778. The books are lent to persons residing within 20 miles of the castle.

BAMPTON LECTURES (Theologica.), delivered at Oxford annually, began in 1780, with a lecture by James Bandinel, D.D. The lecturer is paid out of the proceeds of an estate bequeathed for the purpose by the rev. John Bampton (died 1751) and the lectures are published. Among the more remarkable lectures were those by White (1784), Heber (1815), Whately (1822), Milman (1827), Hampden (1832), and Mansel (1858).

BANBURY, Oxfordshire, a Saxon town. The castle, erected by Alexander' de Blois, bishop of Lincoln, 1125, has been frequently besieged. In 1646 it was taken by the parliamentarians and demolished. At Edgecot or Danesmore, near Banbury, king Edward IV. defeated the earl of Pembroke and his army, 26 July, 1469, and their leader and his brother were soon after taken prisoners and executed. Banbury cakes were renowned in the time of Ben

*These were cones of galvanised iron, 16 inches in diameter, and 20 inches long. Each contained 9 or 10 lb. of powder, with apparatus for firing by sulphuric acid. Little damage was done by them. They were said to be the invention of the philosopher Jacobi.

Jonson, and Banbury Cross was destroyed by the Puritans. Cakes were presented to the queen at Banbury, 30 Nov. 1866.

BAND OF GENTLEMEN PENSIONERS, see Gentlemen-at-Arms.

BANDA ISLES (ten), Eastern Archipelago, visited by the Portuguese in 1511, who settled on them, 1521, but were expelled by the Dutch about 1600. Rohun island was ceded to the English in 1616. The Bandas were taken by the latter in 1796; restored in 1801; retaken in 1811; and restored in Aug. 1816.

BANDA ORIENTAL (South America), a portion of the viceroyalty of Buenos Ayres, one part of which, in 1828, was incorporated with Brazil, while another part became independent, as the republic of Uruguay.

BANGALORE (S. India) was besieged by the British under lord Cornwallis, 6 March, and taken by storm, 21 March, 1791. Bangalore was restored to Tippoo in 1792, when he destroyed the strong fort, deemed the bulwark of Mysore.

BANGOR (Banchor Iskoed, or Monachorum), Flintshire, the site of an ancient monastery, very populous, if it be true that 1200 monks were slain by Ethelfrid, king of the Angles, for praying for the Welsh in their conflict with him in 607. Tanner.

is dedicated to St. Daniel, who was a bishop, 516. BANGOR (N. Caernarvonshire). The church Owen Glendower greatly defaced the cathedral; and the bishop Bulkeley alienated many of the lands, and even sold the bells of the church, 1553The see is valued in the king's books at 1317. 168. 4d. An order in council directing that the sees of Bangor and St. Asaph be united on the next vacancy in either, was issued in 1838; but rescinded in 1847. Present income, 4200l.

BISHOPS OF BANGOR.

1800. Wm. Cleaver, translated to St. Asaph, 1806. 1806. John Randolph, translated to London, 1809. 1809. Henry William Majendie, died 9 July, 1830. 1830. Christopher Bethell, died 19 April, 1859. 1859. James Colquhoun Campbell.

BANGORIAN CONTROVERSY was occasioned by Dr. Benjamin Hoadley, bishop of Bangor, preaching a sermon before George I., 31 March, 1717, upon the text, "My kingdom is not of this world" (John xviii. 36), in which he demonstrated the spiritual nature of the church and kingdom of nation of almost all the clergy, who published hunChrist. He thereby drew upon himself the indigdreds of pamphlets.

BANISHMENT, an ancient punishment. By 39 Eliz. c. 4 (1597) dangerous rogues were to be banished out of the realm, and to be liable to death if they returned; see Transportation.

BANK. The name is derived from banco, a bench, erected in the market-place for the exchange of money. The first was established in Italy, 808, by the Lombard Jews, of whom some settled in Lombard-street, London, where many bankers still reside. The Mint in the Tower of London was anciently the depository for merchants' cash, until Charles I. laid his hands upon the money and destroyed the credit of the Mint in 1640. The traders were thus driven to some other place of security for their gold, which, when kept at home, their apprentices frequently absconded with to the

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army. In 1645, therefore, they consented to lodge it with the goldsmiths in Lombard-street, who were provided with strong chests for their own valuable wares; this became the origin of banking in England; see Bank of England; Savings Banks. Samuel Lamb, a London banker, recommended the Protector Cromwell to established a public bank, 1656 and 1658 Francis Child, a goldsmith, established a bank about 1663; he died 4 Oct. 1713 Run on the London bankers (said to be the first) 1667 Charles II. arbitrarily suspends all payments to bankers out of the exchequer of monies deposited there by them; they lost ultimately 3,321,3137.

2 Jan. 1672

Hoare's bank began about
Bank of England established (see next article).
Wood's bank at Gloucester, the oldest county bank,
established.

A list of bankers given in the "Royal Kalendar"
Forgeries of Henry Fauntleroy, banker; executed,

Act passed permitting establishment of joint-stock banks, which see.

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1680

1694

1716

5. notes issued

1765 30 Nov. 1824 1826 Rogers's bank robbed of nearly 50,000l. (bank notes afterwards returned) 24 Nov. 1844 Rowland Stephenson, M.P., banker and treasurer of St. Bartholomew's hospital, absconds; defaulter to the amount of 200,000l.; 70,000l. in exchequer bills; (caused a great depression among bankers) 27 Dec. 1828 Establishment of joint-stock banks (see p. 67). 1834 Failure of Strahan, Paul, and Bates (securities unlawfully used); private banking much injured, 11 June, 1855 Notes allowed to be issued.

Banks in 1855

Bank of England
English private banks

English joint-stock banks (which see)

Banks in Scotland

Banks in Ireland

Bank of

Venice formed

Geneva

Barcelona

Genoa.

Amsterdam

Hamburg

Rotterdam

Stockholm.

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England.

1694

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BANK OF ENGLAND was projected by William Paterson, a Scotch merchant (see Darien), to meet the difficulty experienced by William III. in raising the supplies for the war against France. By the influence of Paterson and Michael Godfrey, 40 merchants subscribed 500,000l. towards the sum of 1,200,000l. to be lent to the government at 8 per cent., in consideration of the subscribers being incorporated as a bank. The scheme was violently opposed in parliament, but the bill obtained the royal assent 25 April, 1694, and the charter was granted 27 July following, appointing sir John Houblon the first governor, and Michael Godfrey the first deputy-governor. The bank commenced

*Instituted by laws passed 14 April, 1803, and 22 April, 1806. The statutes were approved 16 Jan. 1808. In 1810 Napoleon said that its duty was to provide money at all times at 4 per cent. interest.

tected by the military

Cash payments suspended, in conformity with an

order in council

1. and 2l. notes issued

Bank restriction act passed

. 1759

.

1780 1793

26 Feb. 1797 March, 3 May,

Voluntary contribution of 200,000l. to the govern

ment

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1798

Loss by Aslett's frauds (see Exchequer) 342,6971. 1803 Resignation of Abraham Newland, 50 years cashier, 18 Sept. 1807 Bramah's machine for numbering notes adopted 1809 The bank issues silver tokens for 38. and 18. 6d. 9 July, 1811 Peel's act for the gradual resumption of cash payments. July, 1819

Cash payments for notes to be in bullion at the mint price, 1 May, 1821; in the current coin of the realm,

1 May, 1823 Great commercial panic-many 17. notes (accidentally found in a box) issued with most beneficial effects

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terly Peel's bank charter act, (7 & 8 Viet. c. 32); renews charter till Aug. 1855, and longer, if the debt due from the public to the bank (11,015,100l.), with interest, &c., be not paid after due notice; established the issue department; requires weekly returns to be published; limited the issue of notes to 14,000,000l., &c. 19 July, 1844 Commercial panic: lord John Russell authorises relaxation of restriction of issuing notes (not acted on); bank discount 8 per cent.

25 Oct. 1847

Bank clerks establish a library and fidelity guarantee fund

March, 1850

10 July, 1852

Gold bullion in the bank (consequent on discovery of gold in Australia), 21,845,300l. Branch bank, Burlington-gardens, London, W. opened

1 Oct. 1856 July, 1857

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Committee on the bank acts appointed Bank discount 9 per cent.; lord Palmerston authorises addition to issue of notes [to the amount of 2,000,000l. were issued]. 12 Nov. Committee on the bank acts appointed, 1 Dec. 1857: report recommending continuance of present state of things 1 July, 1858 Much alarm through the announcement of the bank solicitor that a quantity of bank paper had been

*The foundation of the building in Threadneedle-street was laid Aug. 1732, by sir Edward Bellamy, governor, and the bank removed there 5 June, 1734; it was erected by G. Sampson, architect. Great additions have been made from time to time by successive architects: sir Robert Taylor, sir John Soane, and Mr. C. R. Cockerell. It now occupies the site of the church, and nearly all the parish of St. Christopher-le-Stocks. The churchyard is now termed "the garden."

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1858, 3 per cent. Feb. 1.

soon ap16 Aug. 1862 and con7-12 Jan. 1863

1850, (Demand for gold in France), 6, Nov. 15. 1861, 7. Jan. 7: 8 (demand for money in France, India, United States, &c.) Feb. 14; 3, Nov. 7.

1862. 2, Jan.; 3, April; 2, July; 2, July 24; 3, Oct.— Dec.

1863, mised to 4 per cent., Jan. 16: to 5, Jan. 28; reduced to 4, Feb. ; to 34 and 3, April; raised to 4, May; ried to 5, 6, in Nov.; to 7 and 8, and reduced to 7 in

Dec.

1854, raised to 8, Jan. 20; reduced to 7, Feb. 12; to 6, Feb. 25 raised to 7, April 16; to 8, May 2; to 9, May 5; reduced to 8, May 19; to 7, May 26; to 6, June 16; ruised to 7, July 25; to 8, Aug. 4; to 9, Sept. 5; reduced to 8, Nov. 10; to 7, Nov. 24. 1865, reduced to 5), Jan. 12; to 5, Jan. 20; raised to 5}, March 2; reduced to 4, March 30: raised to 41, May 4: reduced to 3). June 1; to 3, June 15; raised to 34, July 27; to 4, Aug. 3; to 41, Sept. 28; to 5, Oct. 2; to 6, Oct. 5: to 7, Oct. 7; (three times in one week); reduced to 6, Nov. 23; raised to 7, Dec. 28. 1866, raised to 8, Jan. 4; reduced to 7, Feb. 22; to 6, March 15; raised to 7, May 3; to 8, May 8 to 9, May 11 (panic-suspension of Bank Act authorised by Government); to 10, May 12; reduced to 8, Aug. 16; to 7, Aug. 23 to 6, Aug. 30; to 5, Sept. 6; to 44, Sept. 27; to 4, Nov. 8; to 34, Dec. 20.

1867, reduced to 3, Feb. 7; to 24, May 30; to 2, July 25. 1868, raised to 25 per cent. Nov. 19; to 3, Dec. 3. 1860, mised to 4, April 1; to 41, May 6; reduced to 4, June 1o; to 3, June 24; to 3, July 15; to 24, Aug. 19; raised to 3,

Sept. 14, 1859 Aug. 30, 1862

Nov. 4

Assets.-Securities. . £30,099,179 30,106,295

1870, raised to 3, July 21; to 4, July 23; to 5 (FrancoPrussian War), July 28; to 6, Aug. 4; reduced to 5, Aug. 11; to 4, Aug. 18; to 4, Aug. 25; to 34, Sept. 1; to 3, Sept. 15; to 24, Sept. 29. 1871, raised to 3, March 2; reduced to 24, April 13; to 2, June 15; to 2, July 13; raised to 3, Sept. 21; to 4, Sept. 28; to 5, Oct. 7; reduced to 4, Nov. 16; to 34, Nov. 30; to 3, Dec. 14.

1872, raised to 34, April 4; to 4, April 11; to 5, May 9; reduced to 4, May 30; to 3, June 13: to 3, June 20; raised to 34, July 18; to 4, Sept. 18: to 41, Sept. 26; to 5, Oct. 2; to 6, Oct. 10; to 7, Nov. 9; reduced to 6, Nov. 28; to 5, Dec. 12.

1873, reduced to 44, Jan. 9; to 4, Jan. 23; to 33, Jan. 30; raised to 4, March 26: to 44, May 7: to 5, May 10; to 6, May 17; to 7, June 4; reduced to 6, June 12.

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Coin and Bullion.

Liabilities.

£17,120,822

£43,503,214

17,678,698

44,453,778

31,823,066

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29,415,059

14.327,618

39,934,150

3,808,527

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Aug.

9, 1865

Mar. 14, 1866

2,175,027 1721

BANK OF IRELAND. On 9 Dec. 1721, the Irish house of commons rejected a bill for establishing a national bank. Important failures in Irish banks occurred in 1727, 1733, and 1758: this led gradually to the establishment of the Bank of Ireland at St. Mary's abbey, Dublin, 1 June, 1783. The business was removed to the late parliament house, in College-green, in May, 1808. Branch banks of this establishment have been formed in most of the provincial towns in Ireland, all since 1828. Irish banking act passed, 21 July, 1845.

BANKS OF SCOTLAND. The old bank of Scotland was set up in 1695, at Edinburgh, and began I Nov., the second institution of the kind in the empire: lending money to the crown was prohibited.

Royal bank of Scotland chartered
British Linen company bank
Commercial bank.

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BANK OF SAVINGS, see Savings Banks.

BANKS, JOINT STOCK. Since the act of 1826, a number of these banks have been established. In 1840, the amount of paper currency issued by joint-stock banks amounted to 4,138,6187.; the amount in circulation by private banks, same year, was 6,973,613.-the total amount exceeding eleven millions.* In Ireland similar banks have

* THE ROYAL BRITISH BANK was established in 1849, by Mr. John McGregor, M. P., and others, under sir R. Peel's joint-stock banking-act, 7 & 8 Vict. c. 113 (1844); as an attempt to introduce the Scotch banking system of eash credits into England. On 3 Sept. 1856, it stopped payment occasioning much distress and ruin to many small tradesmen and others. In consequence of strong evidence of the existence of fraud in the management of the bank, elicited during the examination before the court of bankruptcy, the government instructed the attorney-general to file ex-officio informations against the manager, Mr. H. Innes Cameron, and several of the directors. They were convicted 27 Feb. 1858, after 13 days' trial, and sentenced to various degrees of imprisonment. Attempts to mitigate the punishment failed

army. In 1645, therefore, they consented to lodge it with the goldsmiths in Lombard-street, who were provided with strong chests for their own valuable wares; this became the origin of banking in England; see Bank of England; Savings Banks. Samuel Lamb, a London banker, recommended the Protector Cromwell to established a public bank, 1656 and 1658 Francis Child, a goldsmith, established a bank about 1663; he died 4 Oct. 1713 Run on the London bankers (said to be the first) 1667 Charles II. arbitrarily suspends all payments to bankers out of the exchequer of monies deposited there by them; they lost ultimately 3,321,3131.

2 Jan. 1672

Hoare's bank began about
Bank of England established (see next article).
Wood's bank at Gloucester, the oldest county bank,
established.

Act passed permitting establishment of joint-stock banks, which see.

1680

1694

1716

A list of bankers given in the "Royal Kalendar" 1765 Forgeries of Henry Fauntleroy, banker; executed, 30 Nov. 1824 1826 Rogers's bank robbed of nearly 50,000l. (bank notes afterwards returned) 24 Nov. 1844 Rowland Stephenson, M.P., banker and treasurer of St. Bartholomew's hospital, absconds; defaulter to the amount of 200,000l.; 70,000l. in exchequer bills; (caused a great depression among bankers) 27 Dec. 1828 Establishment of joint-stock banks (see p. 67). Failure of Strahan, Paul, and Bates (securities unlawfully used); private banking much injured, 11 June, 1855 Notes allowed to be issued.

English private banks

1834

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Banks in 1855.

Bank of England

196

English joint-stock banks (which see)

67

I 14,000,000 4,999,444 3,418,277

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The act for the establishment of joint-stock banks breaks up the monopoly

Bank of

Venice formed

Geneva

Barcelona

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BANK OF ENGLAND was projected by William Paterson, a Scotch merchant (see Darien), to meet the difficulty experienced by William III. in raising the supplies for the war against France. By the influence of Paterson and Michael Godfrey, 40 merchants subscribed 500,000l. towards the sum of 1,200,000l. to be lent to the government at 8 per cent., in consideration of the subscribers being incorporated as a bank. The scheme was violently opposed in parliament, but the bill obtained the royal assent 25 April, 1694, and the charter was granted 27 July following, appointing sir John Houblon the first governor, and Michael Godfrey the first deputy-governor. The bank commenced

* Instituted by laws passed 14 April, 1803, and 22 April, 1806. The statutes were approved 16 Jan. 1808. In 1810 Napoleon said that its duty was to provide money at all times at 4 per cent. interest.

By the advice of the government, branch banks opened at Gloucester, 19 July; Manchester, 21 Sept.: Swansea, 23 Oct.

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And at Birmingham, 1 Jan.; Liverpool, 2 July; Bristol, 12 July; Leeds, 23 Aug.; Exeter, 17 Dec. 1827 The bank loses 360,000l. by Fauntleroy's forgeries. 1830 Statements of the bank affairs published quarterly 1833

Peel's bank charter act, (7 & 8 Viet. c. 32): renews charter till Aug. 1855, and longer, if the debt due from the public to the bank (11,015,100l.), with interest, &c., be not paid after due notice; established the issue department; requires weekly returns to be published; limited the issue of notes to 14,000,000l., &c. 19 July, 1844 Commercial panic: lord John Russell authorises relaxation of restriction of issuing notes (not acted on); bank discount 8 per cent. Bank clerks establish a library and fidelity guaran

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Gold bullion in the bank (consequent on discovery of gold in Australia), 21,845.390l. Branch bank, Burlington-gardens, London, W. opened Committee on the bank acts appointed July, 1857 Bank discount 9 per cent. lord Palmerston autho rises addition to issue of notes [to the amount of 2,000,000l. were issued]. 12 Nov. Committee on the bank acts appointed, 1 Dec. 1857 report recommending continuance of present state of things 1 July, 1858 Much alarm through the announcement of the bank solicitor that a quantity of bank paper had been

*The foundation of the building in Threadneedle-street was laid Aug. 1732, by sir Edward Bellamy, governor, and the bank removed there 5 June, 1734; it was erected by G. Sampson, architect. Great additions have been made from time to time by successive architects: sir Robert Taylor, sir John Soane, and Mr. C. R. Cockerell. It now occupies the site of the church, and nearly all the parish of St. Christopher-le-Stocks. The churchyard is now termed "the garden."

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