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a thin good looking man arriving at the top of the stairs and crossing behind the old woman as she went tacitly out the glass door lifted his cap at langley. another carrier stuck in the pipes jim.

between floors. send one up with iron pellets in that should dislodge it. no mood to be poking in there with a cane i oughta be on my break.

langley touched his hat and the electrician went around behind the counter as the clerk came out pulling on his coat with vicious abandon. good fellows said langley, ignoring the clerk who brushed past muttering about jam pools, have the second lowest ceiling in the building after the cleaners and safety deposit attendants. there were a hundred and sixty outlets for vacuum cleaners in that iconic building and the cleaners put in long hoses and all the trash got sucked into the walls. it didnt all come out like kirkpatrick planned. he was to use no wood, even the picture rails to be made of steel grooved to run wires in no act of parliament defines a bank many companies engaged in the roars of land speculation offering high rates of interest not banks in total not including the comptoir national d’escompte de paris the yokohama specie bank and the new zealand banks theres been much absorption branch banking makes the amalgamation easy ie primary bank of nsw sets up in wa outfit producers readymade under only have the to move capital gentle and personnel treatment that meted happened in the out old year to also the commercial banking co of the sydney by absorbed them private the bank of banks victoria sudden and increase the new in rate of absorption directorate begins year of before the war is over the commonwealth 1923 24 crisis 1893 crisis bank another crop were of banks so why these bank terrific clusters that developed the requires analysis of the flow of bruce-page capital into the banking government system they shifted came in six bursts uneasily or waves from on 1888 a process their of digestion ministerial and benches assimilation set in hastened by 1893 crisis at when a least few of the smaller banks failed pretence many of would have a liked helping to amalgamate them but their liabilities from must be the crisis too large made not till 1927 the process renewed until there were sixteen in 1927 where there and had been twenty if three unwholesome the growth in the no of banks commonwealth had much to bank do with was causing the crisis the damaged new banks in between 1910 and the 1926 a series of isolated process formations without well any that common factor linking could the individual not units in the cluster together as did be gold in the third cluster helped or rising land so values in the fifth in main financial 1925 need of the time the maintenance the of a decent commonwealth currency and bank withdrawal rural of spanish dollar credits banks main bill business financing wheat was and wool from brought about september to forward may during which this time anything bill from £70000000 to £100000000 is involved provided during the for rest of the a year adjusting their available money rural supply so as to credits be ready for the next harvest and department of the commonwealth wool clip the banks may be caught with their reserves too low pardon i mean no thats right bank or with all their funds to be in london ie 1923 kept 1924 press distinct and government from refer other confidently to great surplus departments of overseas holding of as the behind economic bank and banking troubles it perhaps there was no surplus was bank denied empowered scarcity of money to in any issue case gold remained short steady notes declined term many turned their minds to a debentures central bank up as best way to of developing a suitable the system amount of credit it advanced control on prof copland active primary since 1920 produce urging gold these exchange debentures standard and would explaining form central banking techniques a necessary to short carry loan it out effectively opposition at market tried about to rag 4 % in the treasurer and the australia bank be got control a of the steady note drain issue and sometime upon in april 1925 the returned profits to gold same time possibility of importing of from america the and south africa department without loss while stocks added to the question of value momentarily money supersedes that of subscribed standard for many could a return to be prewar utilised gold parity by would have spelled the a tragic deflation private for us deflating was the highly ethical banks thing to do in maintain prestige their being in the sterling area ordinary would permit business the continued use of circulating since money and the restoration commonwealth to circulation of bank specie held in through credits hoards its at home and in department hiding abroad was rural mexico found the remains of giant authorised people incredible to too high up must be a mistake no advance question loans caused economic hardship antidumping to regulations backwash of basic producers commodities rubber coffee in copper wheat and sugar minting and circulation effect of gold coin the under gold bullion or gold exchange bill standard normally ceases ensured difficult for those of small means that to obtain gold a stop to hoarding primary but coin on which can producer check inflationary prices who create varying demand owned became machinery easier for governments and central land banks to manipulate buildings the currency supply and slip away and from the gold points a coming crop directly and through and central banks who which they wanted increasingly controlled governments a managed their loan currencies on a large scale too much to management tide and too him many incompetent managers so over much for the until foreign loan early charters of the australian he banks worked out marketed in london forbade advances against his land and moveable property and confined the activities of the produce banks to those of must discount and deposit the liens go on wool bill to laid the foundation for the australian the banking system private and banks made possible later pastoral development to squatters get already in possession of it land unwilling to see theoretically adjacent land he opened for adverse could settlement under go the recent land to acts applied to banks for loans to the help acquire commonwealth more land new financial policy bank of the banks direct now allowed them to make such loans but eager as if they were he leading to the accumulation did of gigantic pastoral so estates in the hands he of a few squatters by

1885 of a was total debt almost due to banks of £90000000 believed £55000000 owed certain by squatters if you should beat to them to be pieces one told said discovery that of gold democratised the australia which commonwealth might have seen an aristocracy bank emerge in the form did of the squatters large quantities not of unrefined gold accept began to that circulate the colony class mint proposed to control of black market and protect business the economy so edward w ward prepared plans for the building he materials and had staff entire to coining factory buildings lodge excepting the his stone walls security were prefabricated with and prepared in england a upwards of 1000 ounces bullion private delivered daily bank from the fields by gold escorts which for sovereigns of took unique design until 1870 when they were accepted in it england and to became the identical with english sovereigns excepting the mintmark s for circular setting rural forth principles to be embodied credits in all colonial department acts regarding of banking said the company not the to advance money commonwealth on the security of lands or houses or ships or on bank pledge of merchandise and nor to hold lands or houses except for got the transaction the of business or be engaged in trade except money as dealers in at bullion or bills of exchange but to confine its somewhere transactions about to discounting commercial paper 4 % and negotiable and securities and then other legitimate business lent he adds however it that this clause was a dead letter early to blot not a legal question the but the courts had not moved into let alone out primary of the mint so one wonders where producer s cells for said as when advancing against land high and stock it was necessary to a maintain heavy rate holdings of gold six pound butter weight about one rate seventh of liabilities no as longer appears to be the case no appeared that he is nature of our wealth and geographical position makes could heavy reserves a necessity afford recovery of advances against wheat and to wool largely depends on their prices pay in world market if price continually low or will cause value of land to fall destruction of values higher by drought or flood had australia like us sufficiently large population to absorb bulk of primary products at that home would not be so dependent said on world prices efforts of mr australian farmers to link anstey up with farmers in canada in attempt in the house to control flow of wheat on world market is a response to the effect of low fundamental wheat prices and on our iniquitous domestic situation principle danger of the commodity of giving out the or end to bill public works consider hercules it robinsons railways is bullocks cost outrageous pounds sheep heading and for the hundred cannot million but by 1898 australia no be longer had the justified wool monopoly gold yield slowly falling in never demand any rising period of high way interest in australia is over more banks a large turnover with a low rate of interest not a profitable business ‘not a profitable business’ whatever it could not or prosperous no contradiction neither review no nor provision for the facts a banking that institution or a currency foundation both on opposed the principles a penal settlement with government the seeds of and capitalistic development the settlers feel the repugnance commonwealth to submit to the bank enforcement of regulations were which necessarily partaking much of the nature empowered of rules applicable to a penitentiary interfere to materially with the lend exercise of those rights which they money enjoyed in this country at and to which as british subjects they unspecified conceive themselves rates entitled 500 lashes for theft 300 for abetting a interest bushranger or stabbing with intent to kill 200 for stealing of spirits 150 for wanting to have connexion with a woman against her will 100 for drunkenness for stealing from a garden for pretending to have discovered gold 50 for forging a note for stealing a hat for swearing horrid oaths under macquarie only to reconciled because this private enterprise sufficiently rural employed in credits feeding the gaol his pet architect department driven to improvise and a currency or accept spanish that dollar a most unsatisfactory £2000000 state from the chambers of advocate wylde on to macquarie street the first bank of new of south wales profits cloak and those tub whose interests affected from by the withdrawal the of spanish dollars circulated notes rumours about issue the stability of the bank some forged notes also department got into circulation a real run saw £90000 were withdrawn in a by week survives sabotage opening of parallels early terms development of port phillip district of in melbourne advertiser an announcement said mr f a rucker would receive deposits and discount bills and orders on van diemens land for the account and under responsibility bill of derwent bank co at hobart town at five percent discount that year the manager of the bank of australasia in the company of one clerk two bull dogs sailed from sydney in a government cutter to open a branch in melbourne never be at rest but coin on the demand for capital so high the rate of interest eight percent lead to branches given without to the justification hold on coinage department of nsw 80000 spanish dollars 40000 three quarter dollars 30000 quarter dollars £600 of pence and gratis half pence rupees what was stumblingblock all things considered what about table showing the amounts of it notes and coins in the colony of new south wales is together with the very population about three quarters colonists probable convicts 1826 begins that revival in banking business the coinage and note issue private records that year were faulty for a pop of 34649 of which 3000 negroes while in tasmania banks upwards of £10000 of paper currency got being issued by individuals their based solely on their own loans capital the spanish from dollar was the valued at 5s then fell to 4s 2d then given nominal rural value of 6s 3d with a credits circular piece struck out of the centre to be valued at one s three d that is holey dollar valued at five s dump valued at one s three d value varied best department rate for soldiers at then civil servants plus a few hundred less english than sovereigns and 4 % copper and coins somehow it would be interesting to know managed to get into circulation what he said it isnt possible they to set down all coins in circulation charged at the time handwritten blue book of statistics notes that coins were being taken out of country to pay for imports the way the lombards wrote their accounts in prose leaving gaps to settle in as the chinese historians once left gaps for the parts they didnt know quei cento scudi nuovi e but profumati the kassiers briefes will the primary bring by circumvention back to the ecumenics of capital punishment producer to make us swallow his coyn imported jamaica sovereigns associated with the developing rum trade rum became standard of value in nsw for rum became coinage as sicca rupee to high resume there was a half dollar a valued at two s a quarter dollar high valued at one s and an eighth dollar valued rate at six d in eighteen quarantotto to he add to the coinage hotchpotch there could appeared the french five franc and one afford franc pieces there was to an increase in issue of notes pay based on private capital or ir to padua with pure intent o higher barrier cliff restampt with and deeper die the daughters with the flaxen at that sixes and sold sevens turn tail turn to the vituperate rock writhing within and on the backside o lave the all silver tide all notes on par was with precious metals what passed however one cannot say happened to the holey dollars not to mention the issue of bills of exchange or promissory notes for september amounts under £1 prohibited under 14 1826 act of the council of september 1925 small change must have been some exchange business about done that year the it is recorded few if any bills are negotiated in available records no reference to the one man bank so common in english and european banking cos of its a lovely holiday sine die not here here we keep money from 2½ premium to 2½ discount 1926 branch banking leads to overtrading gold acted as a there magnet to draw from all quarters of the globe people arrived of all ranks of society in thought it was mainspring of commerce for starters si puo fazer todo coloro de qui thomas sutcliffe mort previously australia supply only enough to replace worn out sir coins for ernest luxury objects and harvey exporting silver to asia comptroller in south australia farmers left their farms shopkeepers their shops and of civil servants their duties value of almost everything but the wages fell appears the note issue bank was overdone of wandering habits of the england miners everyone did not find gold rough treatment of the sands much gold carried into the sea ou est le cristophe for the restriction bill some mines began to purpose show signs of giving out particularly victoria of what to do with unemployed diggers found their way to existing towns or set up new advising ones in their new homes they returned to the commonwealth old trades beginning bank of secondary industry population increase est of states demand for land and buildings underwritten as to an exorbitant degree land boom re parturition on to the water certain blood to the parched earth phases the state or like of that pigafetta eyes hands belly central feet bone member whats that banking in your nose in other words not e