Synopses & Reviews
Synopsis
Excerpt from Our Clearing System and Clearing Houses, Vol. 1
The success which has attended the publication of my book on the Clearing System and Clearing Houses has been such that requests have come in from many quar ters for a new edition to be brought out up to date. The object of the work is to deal with a subject quite inadequately understood by the majority of people at the present time.
The returns of the London Bankers' Clearing House for last year show that drafts to the enormous total of more than Eight thousand millions of pounds were paid Within the building, and yet nine hundred and ninety nine out of every thousand visitors who come to the metropolis to see the sights have no idea where the largest and most important financial institution of the world is situated.
The book is written in such a way that it is hoped that persons interested in financial and banking affairs.
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