000			01984cam a22002291 4500
008			750328s1953 enka b 000 0 eng
040			_aDLC _cOAU
050	0	0	_aHG939 _b.A75
082			_a332.4 _bPAP
245	1	0	_aPapers in English monetary history /
260			_aOxford : _bClarendon Press , _cc1953.
300			_a167 p.
520			_aThis is a most useful collection of articles on banking and monetary history which are not easily accessible to students. The institutional workings of the English banking system in the first quarter of the nineteenth century are illustrated by Professor Ashton's essay on the use of bills of exchange as a common means of payment in Lancashire, and by the lively correspondence of Marianne Thornton on the fate of the bank of Pole, Thornton and Co. in the crisis of 1825. Two other articles are concerned with the developments of monetary theory in this period: Professor Fetter reassesses the Bullion Report and shows Ricardo's lack of influence upon it; Professor Sayers provides an interesting appraisal of Ricardo as a monetary theorist and indicates the longer-run influence of his thinking on the legislation of 1844. Mr. Horsefield's papers cover both institutional and theoretical developments. The problems of the regulation of credit creation are examined both in the emergence of practical rule-of-thumb guides for bankers and in the development from the late eighteenth century onwards of schools of monetary theorists whose variety is too often concealed under the titles of Banking and Currency Schools. He again dovetails institutional practices and contemporary theoretical explanations in analysing the background to the 1844 Act. Finally there is an important trio of papers covering the period from 1844 to 1914.
590			_arpm 30/04/2018
591			_aLoans
650		0	_aCurrency question
650		0	_aMoney
700	1		_aAshton, T. S.
700	1		_aSayers, R. S.
942			_2ddc _cBOOK
949			_a332.4 PAP
999			_c8190 _d8190