ID: 25388
125.00
Banks and exchange companies:

KINNEAR, George, Banks and exchange companies: a letter to Alexander Blair, Esq. treasurer of the Bank of Scotland, in answer to the prospectus issued by the proposed British Trust Company. Glasgow: David Robertson. 1847.

8vo., 22 + (2)pp., title-page somewhat soiled or browned, with the contemporary ownership signature at head of "John Forrest, April 1847", recent cloth-backed marbled board with morocco label on upper cover, lettered in gilt. A good copy.

First edition.

The author, who was Manager of the Glasgow Commercial exchange Company, declares that his Company was not only no threat to the Bank of Scotland, but also no threat to other traditional banks. It had been established only with the purpose of advancing money on the security of railway stock, "and other convertible securities".