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9781330453346: The Theory and Practice of Banking, Vol. 2 (Classic Reprint)

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Excerpt from The Theory and Practice of Banking, Vol. 2

The first volume of this Work was scarcely out of the press, when the crisis which every one conver sant with monetary matters knew to be impending, burst with the suddenness and the fury of a tornado, producing a series of Banking catastrophes greater than had ever before happened in the City of London.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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Henry Dunning Macleod
Editore: Forgotten Books, 2018
ISBN 10: 1330453344 ISBN 13: 9781330453346
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Paperback. Condizione: New. Print on Demand. This book delves into the intricate world of 19th-century monetary policy and banking practices, offering a critical examination of the evolving financial landscape in Britain and Ireland. The author meticulously dissects historical events like the bank restriction period and the Irish currency crisis of 1804, providing insights into the complexities of exchange rates, bullion prices, and the delicate balance between paper currency and specie. Central to this exploration is the groundbreaking Bullion Report of 1810, a pivotal document that revolutionized economic thought by establishing the principles of a sound monetary system. The author traces the impact of this report, analyzing the debates it sparked and the resistance it encountered, ultimately leading to the Act for the Resumption of Cash Payments in 1819. The narrative extends beyond these landmark events, delving into the rise of joint-stock banking, the Bank Charter Act of 1844, and the recurring financial crises that tested the stability of the British economic system. Through meticulous historical analysis and insightful commentary, this book illuminates the intricate dynamics of currency, credit, and banking, offering valuable lessons for understanding the complexities of financial systems and the enduring relevance of sound monetary principles. The author's keen observations on the interplay between economic theory and real-world events provide a compelling lens through which to appreciate the historical development of modern finance. 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. Codice articolo 9781330453346_0

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Henry Dunning Macleod
Editore: Forgotten Books, 2018
ISBN 10: 1330453344 ISBN 13: 9781330453346
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781330453346

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Henry Dunning Macleod
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ISBN 10: 1330453344 ISBN 13: 9781330453346
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781330453346

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Henry Dunning Macleod
Editore: Forgotten Books Nov 2018, 2018
ISBN 10: 1330453344 ISBN 13: 9781330453346
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