Discretionary deposits were a partial way out, but the bank made most of its money by selling holographic " bills of exchange ".
42.
He invested the profits by turning them into loans, for which he accepted interest from creditors in the form of bills of exchange.
43.
Salomon brokered the sale of a majority of the war aid from France and the Dutch Republic, selling bills of exchange to American merchants.
44.
These notes are seen as a predecessor to regular banknotes by some but are mainly thought of as proto bills of exchange and cheques.
45.
From 1777 he began depositing large sums of Sicca Rupees in the Dutch treasury at Chinsura in exchange for Bills of Exchange on Amsterdam.
46.
Salomon negotiated the sale of a majority of the war aid from France and the Dutch Republic, selling bills of exchange to American merchants.
47.
Bills of exchange were also used by them in their dealings with one another and money was deposited in various banking centers throughout Syria.
48.
Bills of exchange made it significantly easier to travel long distances because a traveller would not be burdened by the weight of metal coins.
49.
He believed that they were making a big mistake in not including in the considerations of the British economy the currency of Bill of Exchange.
50.
The imperial law introducing a decree concerning bills of exchange ( Allgemeine Deutsche Wechselordnung ) was considered to be valid for nearly all of Germany.
