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Has almost deprived of sense the word put in their names "regional". Their sphere
Operations was incomparably already concepts "department", and in practice they have appeared
Only small banks of local scale.
Anyway, during the period between 1835 and 1838 six have been based more
Regional banks, and Bank of France, having faced threat of competitive struggle,
Itself initiated activity on creation of branches, 15 from which have been opened
In 1841 - 1848 Certainly that all branches of Bank possessed monopoly on
Issue activity in those cities where they have been founded. Moreover,
For establishment of branches (comptoirs) Bank only royal decree was required
(ordonnance royale), accepted on the basis of the recommendation General
Council of the Bank (Conseil Generale de la Banque), while regional banks
For the establishment after 1840 acceptance have been obliged to achieve
Parliament of the special certificate.
Besides, the big territory which the Bank branch could capture, being
Element of a uniform network, also gave it considerable advantage in comparison
With regional banks. Among the last so never also it has not been developed even
Similarity of system of an exchange of banknotes; however successful functioning of these
Banks and quality of services given by them in no way is impossible
To underestimate. Further they have faced aversion of their activity
Bank of France, and after 1840 the government has completely refused delivery
Permissions to their education. Thereby to movement for freedom increase in
Issue activity the end has been put. The applications, presented
Regional banks in the Chamber of Deputies on the occasion of updating of charter-party of Bank
France, about changes in their charters directed on elimination of a part
Restrictions containing there, also nothing a distance. [Their main points
Applications there were following requirements: () to allow to consider valuable the paper,
Written out for payment not only in the same city where the bank settled down, but
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