The state of credit at any particular time is a matter of fact only to be

It must be noticed, however, that although Holland has kept gold and foreign bills as a means of obtaining a credit abroad at any moment, she has not kept a standing credit in any foreign financial centre.

There has been so much fierce controversy as to this Act of Parliament–and there is still so much animosity–that a single sentence respecting it is far more interesting to very many than a whole book on any other part of the subject. 3. The same eminent director to whom I have before referred, Mr. Brunyate, who remarks on its appropriateness to present conditions. 14. In Bombay and the Punjab, particularly in the latter, their use is, however, much more important. £33,375,455. [125] 2.

And the state of credit is thus influential, because of the two principles which have just been explained.

│ │ ┼——────——┼—————─────–┼———──────———┼———──────———┼————───────———┼ │ 1881 │ { │ 108 │.

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