Depredations;
or, Overend, Gurney, & Co., and the Greek & Oriental Steam Navigation Company.
London, The Author, 1869
The failure of the banking house of Overend Gurney in May 1866 sent shockwaves through the financial system of the day. Ten years earlier, at the time of the death of the bank's Chairman, Samuel Gurney (known as the bankers' banker), deposits of £8,000,000 were recorded, and yet at the time of the house's failure its liabilities were listed at £11,000,000. Overend Gurney requested the assistance of the Bank of England, a private bank at the time, but it was refused and payments were suspended.
First edition. 8vo, viii, 377pp., original purple cloth gilt, rather rubbed, front free end paper torn.
Blackmer 1851.
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