Excerpt from The English Manual of Banking Constable the painter said has been taught by a very ignorant person. Theoretical works on banking differ from practical treatises in this, that the theorist who knows little or nothing of the practice beyond what he has gained from books and hearsay, teaches to a great extent what he imagines to be instead of what he knows to be the practice. Readers can always feel whether their guide is treading along as if he did not fear to be heard by those who know, and whether or not he is quite familiar with the streams to be forded and the passes to be traversed. This revised and enlarged manual of banking makes no pretence to do anything more than to show to the best of our ability what banks are for and how they are worked. We have certainly in some respects gone over the limits marked out for the book of which this is the second edition, but that has been necessary for the simple reason that in ten years there have been some changes. These changes have likewise given rise to certain suggestions upon which we have ventured. We have not gone much into the subject of foreign banking, because banking abroad is very little developed as compared with this Kingdom; but we have devoted a few pages to it that the reader may compare the progress which neighbouring countries are making in this important science. 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.

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