by Parliament in return for giving

而获得国会批准成为一家
war loans to the government.

具有垄断特权的股份合作银行
It started out just a powerful bank.

它从诞生起就是一家强大的银行
It did not have a government monopoly on note issue,

但政府并未授权它为唯一货币发行机构
but over the time,

但随着时代变迁
it became the prime issuer of U.K. Notes.

它变为英国最主要的货币发行机构
Now, what actually developed in the 1700s was that

事实上英格兰银行自18世纪起
the Bank of England, being the most powerful bank in England,

不断发展壮大为英国最具实力的银行
started to demand that other banks in the U.K.,

并开始要求英国其他
who were also issuing notes,

发行货币的银行
would leave their -would keep a deposit with the Bank of England.

留下...在英格兰银行存入一定款项
The Bank of England

英格兰银行