Tuesday, November 11, 2014

Bank of Bengal Agents in Civil and Military services,

Agents in Civil and Military  services,
They were Agents for the whole of the Civil and Military 
services, the Planters, and the Merchants scattered over the Upper Provinces, and it was they who were styled the Merchant Princes of India. Of the earlier days of the Bank of Hindustan very little appears to be recorded. The Bank had a note issue which seems to have experienced considerable fluctuations, sometimes mounting up to twenty or twenty-five, lacs, and at others running down to as low as two or three lacs, according to the state of the market. The circulation of these notes was entirely confined to Calcutta and the immediate neighbor-hood. 
Agents in Civil and Military  services,
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