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That, while banknotes "are not scattered, anywhere", and are issued for Maintenance of needs of a trade turnover, issue cannot be excessive. In
Merit of Shevale it is necessary to put that fact that, printing the notes in
Newspapers, especially in Journal des Debats, he has managed to draw to discussion attention
Wide range of readers. The Kursel-outer entrance hall also used the press for a statement
Own sights cit concerning freedom of banks in Journal des
Economistes for 1864 and 1865.
Article of Leonsa it became the publication which has generated especially vigorous disputes,
- 1864, 15th, "La Banque de France et les Banques Departementales" in La Revue des
Deux Mondes for April in which he has suggested to replace monopoly
Bank of France not completely a free competition, and partial pluralism. It
Considered unrealistic attempts of Bank of France to operate huge territory from
The uniform centre.
The most adequate to requirements for banking establishments, in opinion it
- , there would be a system of eight or ten regions, each of which would have
The main bank and its branches. This offer, as a matter of fact, was an appeal to
To creation of a certain similarity of former system of regional banks, but without the old
Possibly, most influential participants of discussion of a steel of Volovski and
- which were on the different parties of barricades. Their dispute switched on a direct exchange
Opinions. The career of Volovski began as the lawyer, and its arguments obviously
Were based more likely on legal, rather than the economic bases. It
Earlier, to a trip to America, co-operated with brothers of Perejr in movement
Are proved, than postulates of brothers of Perejr, in discussion it, nevertheless, again
It has appeared on positions of support of brothers. There is no doubt that all
The important operating and co-ordinating role was taken away.
Banks should be responsible quantitative and quality standard
Should have a significant amount of banks, which
Specialised on different sectors of economy and would be connected with
The central bank. Ordinary banks should inform the central bank about
Situations in various regions and economy branches, and that, in turn,
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