THE DEMAND FOR MONEY
... b The demand for money, as spoken of in the money market, is a demand for capital, or for money bearing e interest. With reference to this demand, it is a very t important fact, that the Bank of England, which is d accustomed to make advances for short periods on r deposits of Exchequer bills, on stock, or other equally safe securities, every quarter on the shutting of the transfer books, at e ...