The Online Library of Liberty

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• Preface to Volume IX.
• Errata.
• Mr. Disraeli. ( From “ the Economist, ” 2 Nd July, 1859.)
• Lord Macaulay. ( From “ the Economist, ” 31 St December, 1859.)
• The Death of Count Cavour. ( From “ the Economist, ” 8 Th June, 1861.)
• The Limit of Defensive Outlay: Mr. Cobden’s Three Panics. ( From “ the Economist, ” 26 Th April, 1862.)
• Mr. Stansfeld and Signor Mazzini. ( From “ the Economist, ” 26 Th March, 1864.)
• The Assassination of Mr. Lincoln. ( From “ the Economist, ” 29 Th April, 1865.)
• Politics As a Profession. ( From “ the Economist, ” 17 Th June, 1865.)
• Oxford and Mr. Gladstone. ( From “ the Economist, ” 22 Nd July, 1865.)
• Mr. Carlyle On Mr. Eyre. ( From “ the Economist, ” 15 Th September, 1866.)
• Why Mr. Disraeli Has Succeeded. ( From “ the Economist, ” 7 Th September, 1867.)
• The Death of Lord Brougham. ( From “ the Economist, ” 16 Th May, 1868.)
• Lord Lawrence. ( From “ the Economist, ” 3 Rd April, 1869.)
• The Uses of Scotch Liberalism. ( From “ the Economist, ” 17 Th April, 1869.)
• Quiet Reasons For Quiet Peers. ( From “ the Economist, ” 12 Th June, 1869.)
• The Suffrage For Women. ( From “ the Economist, ” 7 Th May, 1870.)
• Are Alsace and Lorraine Worth Most to Germany Or France? ( From “ the Economist, ” 24 Th September, 1870.)
• Mr. Bright’s Retirement. ( From “ the Economist, ” 24 Th December, 1870.)
• Marshal Prim. ( From “ the Economist, ” 7 Th January, 1871.)
• The “quarterly Review” On the Lessons of the War. ( From “ the Economist, ” 28 Th January, 1871.)
• Mr. Gladstone On Home Rule For Ireland. ( From “ the Economist, ” 30 Th September, 1871.)
• Mr. Gladstone and the People. ( From “ the Economist, ” 4 Th November, 1871.)
• Mazzini. ( From “ the Economist, ” 16 Th March, 1872.)
• The Emperor Napoleon. ( From “ the Economist, ” 11 Th January, 1873.)
• The Late Mr. Graves. ( From “ the Economist, ” 25 Th January, 1873.)
• Mr. Fawcett. ( From “ the Economist, ” 8 Th February, 1873.)
• The Government and the Dissenters. ( From “ the Economist, ” 29 Th March, 1873.)
• The Late Mr. Mill. ( From “ the Economist, ” 17 Th May, 1873.)
• Sir C. Dilke On the Civil List. ( From “ the Economist, ” 10 Th January, 1874.)
• Not a Middle Party But a Middle Government. ( From “ the Economist, ” 17 Th January, 1874.)
• The Advantages and Disadvantages of Becoming a Member of Parliament. ( From “ the Economist, ” 7 Th February, 1874.)
• The Women’s Degrees. ( From “ the Economist, ” 23 Rd May, 1874.)
• Mr. Gladstone On Ritualism. ( From “ the Economist, ” 3rd October, 1874.)
• The Premiership. ( From “ the Economist, ” 2 Nd January, 1875.)
• Mr. Gladstone’s Resignation. ( From “ the Economist, ” 16 Th January, 1875.)
• The Leadership of the Liberal Party. ( From “ the Economist, ” 6 Th February, 1875.)
• Prince Bismarck’s Last Speech. ( From “ the Economist, ” 27th March, 1875.)
• Sir John Lubbock’s Ancient Monuments Bill. ( From “ the Economist, ” 17 Th April, 1875.)
• Lord Salisbury On Moderation. ( From “ the Economist, ” 3rd July, 1875.)
• Mr. Bright On Landowning. ( From “ the Economist, ” 29 Th January, 1876.)
• The Oxford University Bill. ( From “ the Economist, ” 4 Th March, 1876.)
• The Conservative Vein In Mr. Bright. ( From “ the Economist, ” 29 Th April, 1876.)
• The Centenary of the “wealth of Nations”. ( From “ the Economist, ” 3 Rd June, 1876.)
• Mr. John Morley On Education. ( From “ the Economist, ” 14 Th October, 1876.)
• What Should Not Be the Policy of England In the East. ( From “ the Economist, ” 21 St October, 1876.)
• The Prince Consort and Lord Palmerston. ( From “ the Economist, ” 4 Th November, 1876.)
• Cardinal Antonelli. ( From “ the Economist, ” 11 Th November, 1876.)
• The Public Bewilderment About the Higher Education. ( From “ the Economist, ” 2 Nd December, 1876.)
• Mr. Lowe On the Oxford and Cambridge University Bill. ( From “ the Economist, ” 24 Th February, 1877.)
• The Declaration of Paris. ( From “ the Economist, ” 17 Th March, 1877.)
• Tenders For Treasury Bills. ( From “ the Economist, ” 17 Th March, 1877.)
• Dull Government. ( From “ the Saturday Review, ” 16 Th February, 1856.)
• Average Government. ( From “ the Saturday Review, ” 29 Th March, 1856.)
• Thinking Government. ( From “ the Saturday Review, ” 19 Th April, 1856.)
• Intellectual Conservatism. ( From “ the Saturday Review, ” 26 Th April, 1856.)
• Inconvincible Governments. ( From “ the Saturday Review, ” 21 St June, 1856.)
• Mr. James Deacon Hume. 1 ( From “ the Saturday Review, ” 7 Th May, 1859.)
• Rogers’s Recollections. 1 ( From “ the Saturday Review, ” 6 Th August, 1859.)
• The Semi-detached House. 1 ( From “ the Saturday Review, ” 27 Th August, 1859.)
• The Adventures of Philip On His Way Through the World. ( From “ the Spectator, ” 9 Th August, 1862.)

TENDERS FOR TREASURY BILLS.

(From “The Economist,” 17th March, 1877.)

We understand that the following is to be the first advertisement for Treasury bills under the new Act, which received the Royal assent last night:—

“1. The Lords Commissioners of her Majesty’s Treasury hereby give notice that tenders will be received at the chief cashier’s office of the Bank of England, on Friday, the 23rd inst., at one o’clock, for Treasury bills, to be issued under the Act 40 Vic., cap. 2, to the amount of two millions two hundred thousand pounds (£2,200,000).

“2. The bills will be in amounts of £1,000, £5,000, or £10,000. They will be dated 28th March inst., and will be payable at three or six months after date (at the option of the persons tendering).

“3. The tenders must specify the net amount per cent. which will be given for the amounts applied for.

“4. The bills will be issued and paid at the Bank of England.

“5. The persons whose tenders are accepted will be informed of the same on Saturday, the 24th inst., and payment in full of the amounts of the accepted tenders must be made to the Bank of England, on Wednesday, the 28th inst.

“Treasury Chambers, Whitehall, 15th March, 1877.”

The bills, it will be observed, are made as like bankers’ or mercantile bills as possible. The difference in the tenders is to be practically made in the rate of discount, and the discount will be deducted from the sum advanced to the Government just as it is in the ordinary discount of a mercantile bill. The sum now asked is £2,200,000.

Note.—In Vol. X., page 22, will be found Lord Welby’s account of how Walter Bagehot invented these Treasury bills. “They have not only met ordinary emergency demands,” writes Lord Welby, “but they have stood the strain of a great war.” It may be added that at the present time, September, 1914, while the war is raging between England, her Allies and Germany, Bagehot’s invention is still apparently adequate to meet the great strain of this war.