| Show HOW LONG DO BANK DANK NOTES LIVE 1 j Generally But a Short Time Where TIme Institution Makes Profit What is the II life of a Dank blank of ot Eng Eng- England 5 land note According to an official of ot the bank the average life ute or period that a note was out was wal for a G S 5 note not 62 days a 10 note 58 days dar f 20 to note 30 days dar to note 11 days das 1000 no note noto to 55 5 fc f days j 1 i iA A little consideration will b bo be ut sut to convince any anyone one that the authorities au j of ot the bank must reap a very t handsome sum year by year from their note issue Think however what thousands of notes arc are destroyed say sat sa saby by fire or shipwreck shipwreck and and consequently con con- are never presented for payment pay ment A gentleman who ho has recently recent recent- ly retired from an Important post In Inthe Inthe the city has in his possession a gen gsa nine 1 Bank of England note bearIng bear bear- ti Ing date February 9 1758 1753 Had this of been Invested money on the usual deposit rates the bank wo would d havo have credited some ones one's account since then tIlen with an amount well over 2000 2000 London Tit |
