There was distrust in the minds of the depositors, especially those whose holdings were small, and most of the banks were, at a very early period, subjected to the strain of repaying a large proportion of their deposits as they fell due.
At the end of the contract the landlord either cultivates his land himself or leases it, repaying to the improver part of the expenditure incurred by him.
A parliamentary commission, appointed to inquire into the charges against him, discovered only that Crispi, on assuming office in 1893, had found the secret service coffers empty, and had borrowed from a state bank the sum of £12,00o for secret service, repaying it with the monthly instalments granted in regular course by the treasury.
Soon after this king obtained the throne he borrowed the sum of 3000 marks from the city, and moreover founded the excellent precedent of repaying it at the appointed time.
Deficits can be transferred to the capital account, and the country's resources employed most usefully by repaying liabilities contracted in times of extreme need.
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