31. William Pitt used to consult him, and adopted in 1790 some of his suggestions on the stamps on bills of exchange . 32. As a statutary representative of the bank, he was issuing false bills of exchange and fraudulently acquiring loans from other banks. 33. "Zong " was paid for with bills of exchange , and the 244 slaves already on board were part of the transaction. 34. However, the individuals who received the bill of exchange , Jarius Keith and Nathaniel Norton, did not own the land in question. 35. In the UK the legislation is clear;'A cheque is a bill of exchange drawn on a banker payable on demand '. 36. By 1740, Rhode Island bills of exchange were only four percent of face value and those of Massachusetts were eleven percent. 37. There was nothing in the contractual relationships, the " Bills of Exchange Act " or the common law that would indicate otherwise. 38. For these reasons Amsterdam attracted a business in bills of exchange that went far beyond the needs of its own already appreciable business. 39. However, the EIC restricted the amount of money that could be transferred, by limiting the number and scale of the Bills of exchange . 40. In 1890, the Parliament of Canada ousted articles 22792354 of the Code with the passage of the " Bills of Exchange Act ".