The Evidence, Given by Lord Overstone (Classic Reprint): Before the Select Committee of the House of Commons of 1857, on Bank Acts, With Additions - Couverture souple
Synopsis
Crucial testimony on banking, currency, and the Bank Act of 1844 This nonfiction work presents the 1857 testimony before a House of Commons Select Committee on Bank Acts, exploring how Bank of England policies shape currency, notes, and bullion movement. The material sheds light on how regulations aim to stabilize the money supply and what happens when issues arise in country banks.
The discussion focuses on the balance between paper money and gold, the role of the Bank of England, and how the law addresses or misses security for the wider currency. It presents arguments about how note issues affect national finance, and what reforms the committee considers necessary for financial stability.
- What causes bullion drains and how they relate to note issues
- The distinction between issue and banking functions within the Bank of England
- How the 1844 Act regulated currency and its perceived gaps
- Questions about convertibility, solvency, and the public’s confidence in paper money
Ideal for readers of historical economic policy and early financial regulation, seeking a window into 19th-century debates over currency and banking.
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The Evidence, Given by Lord Overstone (Classic Reprint)
impression à la demandeVendeur : Forgotten Books, London, Royaume-Uni
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Paperback. Etat : New. Print on Demand. This book presents evidence given by Lord Overstone to a parliamentary committee in 1857, with additional insights from the author. It explores the principles of the 1844 Bank Charter Act and their impact on the monetary system. Overstone, a prominent economist, argues that the Act effectively protected the bullion reserve against depletion, maintaining the convertibility of paper money and fostering national prosperity. However, he emphasizes the distinction between issuing paper money and conducting banking business, advocating for a separation of these functions to ensure stability and transparency. The book also examines the causes of monetary crises and highlights the importance of regulating the amount of paper money in circulation according to the fluctuations in the bullion reserve. Through a historical lens, it illuminates the evolution of monetary policies and their consequences, providing valuable insights for understanding the intricate relationship between money, banking, and economic growth. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781332591459_0
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The Evidence, Given by Lord Overstone Before the Select Committee of the House of Commons of 1857, on Bank Acts, With Additions Classic Reprint
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
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PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332591459
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The Evidence, Given by Lord Overstone Before the Select Committee of the House of Commons of 1857, on Bank Acts, With Additions Classic Reprint
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332591459
Acheter neuf
EUR 28,44
Expédition à EUR 5,82
Expédition depuis Royaume-Uni vers Etats-Unis
Expédition depuis Royaume-Uni vers Etats-Unis
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