The banks may buy up mortgages and advance money on current account on the security of land or buildings.
He had about the same time begun to buy up leading German newspapers, one of his main objects being to organize a solid and powerful bloc of opinion in Germany in support of law and order and the promotion of the highest industrial and commercial efficiency.
If government had been able to buy up the excess at 40 and reissue it gradually after a time at its nominal value when the people required it, the loss would have been small.
Meantime the Germans had pressed the Portuguese, and with some success, to grant them commercial concessions, and had made offers to buy up the British capital (90% of the whole) in the Benguella railway - offers which were rejected.
But Bessemer was fortunate enough to maintain them intact without litigation, though he found it advisable to buy up the rights of one patentee, while in another case he was freed from anxiety by the patent being allowed to lapse in 1859 through non-payment of fees.
