Small notes are a curse in themselves to honest, respectable banks, and lead to their embarrassment, whether issued by themselves or others.
The design of the amendment is to suppress two great evils in our banking system: the evil of small notes, and that of banks combining to sustain each other in a state of suspension.
The only adequate remedy--the only one that promises any justice to the body of the community, and the helpless holders of small notes--is the bankrupt remedy of assignees to distribute the effects.
The expulsion of small notes, it was stated, could not operate injuriously to the country bankers.
On the 10th of February the whole house having resolved itself into a committee on the Bank charter bill, the chancellor of the exchequer brought forward the proposition for prohibiting the circulation of small notes.
The truth is, indeed, that nearly all the great catastrophes of trade have occurred in times and places when and where there were no small notes.
Yet during all this excitement there were not only no small notes in circulation, but, what is most remarkable, there was no unusual increase in the issues of the banks, of any kind.
Mr. Baring, afterwards Lord Ashburton, opposed the restriction of small notes, but with small success.
The bank has issued no small notes, though it has liberty to do it.
A Bill was brought in, which was described beforehand as intended to prolong the issue of small notes, and also to prolong the time for making Bank of England notes a legal tender.
You will observe, then, that, last winter there were yet three years to come, during which the banks might make small notes if they would.
The above list will hopefully provide you with a few useful examples demonstrating the appropriate usage of "small notes" in a variety of sentences. We hope that you will now be able to make sentences using this group of words.
