The Logic Of Banking by William Gilbart

April 19, 2010

PREFACE

IN my ” Logic for the Million,” published in the year 1851, I advised my readers, as a means of forming a habit of reasoning, to associate their reasonings with their daily avocations. I afterwards thought I might exemplify my own instructions, by selecting from my writings on Banking such extracts as might illustrate those principles which I had expounded in ” Logic for the Million.” I accordingly read with this view the works I had published on Banking, and thus were formed the first three parts of the present work. The large type is, for the most part, a transcript from the work on Logic, and the extracts in small type are from my works on Banking. This union of literary productions, not originally intended to have any connexion with each other, may serve to indicate that my writings on Banking are in accordance with the principles of Logic, and that my writings on Logic are adapted for practical application to the business of Banking. It may be objected that some of the examples are not sufficiently controversial. To this it may be replied, that Reasoning is not always engaged in the cause of controversy, that argument sometimes assumes the form of exposition, and that the most effective kind of Logic is that by which a reader is led insensibly to adopt the opinions of the writer in a manner which will neither
suggest doubt nor provoke disputation.

J. W, G.

LONDON

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