This 1947 book is divided into three parts, discussing the clearing banks, floating debt and the war of 1914.This 1947 book is divided into three parts. Part I discusses the historical background, the internal organization and the business of the clearing banks. Part II investigates the floating debt and the London gold and silver markets. Part III deals with institutions prior to 1914, the war of 1914, and the world crisis and after.This 1947 book is divided into three parts. Part I discusses the historical background, the internal organization and the business of the clearing banks. Part II investigates the floating debt and the London gold and silver markets. Part III deals with institutions prior to 1914, the war of 1914, and the world crisis and after.Originally published in 1947, this book is divided into three parts. Part I discusses the historical background, the internal organization and the business of the clearing banks. Part II consists of four chapters with two appendixes on the floating debt and the London gold and silver markets. Part III deals with institutions prior to 1914, the war of 1914 and its consequences, and the world crisis and after. There is also a statistical index.Preface; Index to tables; Part I. The Clearing Banks and the Evolution of Bank Credit in England since the War of 191418; Section 1. The Development of the Clearing Banks: 1. The historical background; 2. The structure of British deposit banking; 3. The internal organization of the big clearing banks; Section 2. The Business of the Clearing Banks: 4. The available statistical information; 5. The balance sheet: assets; 6. The balance sheet: liabilities; 7. The ancillary services of the deposit banks; Part II. The Money and Discount Market: 8. The technique market; 9. The internal structure of the discount market firms; 10. The supply of bills; 11. The volume of bills; Appendices to part II; Part III. Other Banking and Finance Firms in London: 12. Introductory; 13. The pre-1914l³C