le in London. This made
it possible for the Corporation itself to apply to the Committee for a
large loan of L50,000.
The security on which advances were made were very various. It included
cotton, timber, iron, hops, whale oil, bills of exchange, ships on the
stocks and the Alt rates.
* * * * *
For further particulars of this interesting incident, the reader is
referred to Sidney and Beatrice Webb's _English Local Government_: "The
Manor and the Borough," p. 485, and to E. C. K. Gonner's Article,
"Municipal Bank Notes in Liverpool, 1793-95," which appeared in the
_Economic Journal_, Vol. VI., 1896, pp. 484-487, to whom the writer is
largely indebted for the above facts.
STUDIES IN ECONOMICS AND POLITICAL SCIENCE
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=3. German Social Democracy.= Six lectures delivered at the School in
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=4. The Referendum in Switzerland.= By M. SIMON DEPLOIGE,
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