The Girl's Own Paper, Vol. VIII, No. 357, October 30, 1886 by Various
page 15 of 78 (19%)
page 15 of 78 (19%)
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Among other things they will tell us how the Bank of England came into existence; what the nation did previous to its existence; how our country came to have a debt which it has never been able to pay off, and how it would prove a calamity if it were possible to pay it off suddenly. Again, we shall learn the meaning of "selling out" and "buying in" money, and what is understood by "consols," "reduced threes," "stocks going up and down," "a run upon the Bank," "panic," and many other such terms. There is no reason why girls should not be able to give answers to all of these, and every reason why they should, seeing that an intimate knowledge of these subjects is as much a part of our nation's history as is the history of our kings and queens, our wars, and our institutions. And even beyond this, it is a matter of importance that girls having property, little or much, should understand the character of those to whom they entrust it. There are many and valuable books published upon these subjects, but they are expensive to buy and take a long time to wade through; in addition to this, they are so learned that we women-folk fail often to get the simple information we require, even when we have read them. The Bank of England, either by name or by sight, is known, I suppose, to all of us; but its origin, its working, its influence, is not so familiar to us, and it does not seem to me that we should be going at all out of our province if we were to ask the "Old Lady of |
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