..." The main causes of the increased note issues in May and " November are undoubtedly these : — " 2nd. The settlement of all important transactions...the " medium of bank notes, and thus they get into hands where they " remain for a time, many of the parties who receive the notes " having no bank account....

...circumstances which affect them given me by Mr. Charles Gairdner, the well-known Scotch banker : — " The main causes of the increased note issues in May...through the medium of bank notes, and thus they get into hands where they remain for a time, many of the parties who receive the notes having no bank account....

...Scotland, are almost uniformly made at the half-yearly terms of Whitsuntide (15th May) and Martinmas (11th November). " 2nd. The settlement of all important...extent made through the medium of bank notes, and thus these notes get into hands where they remain for a time, many of the parties who receive the notes...

...mortgages, which, in Scotland, are almost uniformly made at the half-yearly terms of Whitsuntide (1.5th May) and Martinmas (llth November). " 2nd. The settlement...for the same terms. " 3rd. The payment of household and farm servants' wages, and in many cases salaries, at the same period. " These payments are to a...

...Scotland, are almost uniformly made at the half" yearly terms of Whitsuntide (15th May), and Martin" mas (llth November). " 2nd. The settlement of all important...the " medium of bank notes, and thus they get into hands where they " remain for a time, many of the parties who receive the notes " having no bank account....