The Early History Of Banking In England Rle Banking Finance

This is widely acknowledged as a scholarly and well-documented study of early banking in England. It bridges gaps in the early history of English banking and deals with the operations of the pre-Bank of England bankers, the evolution of English paper money and the remarkable transactions of the early directors of the Bank of England. Although the main body of the book concentrates on the 16th and 17th centuries, the volume includes a brief survey of English banking in the 18th and early 19th centuries.

Excerpt from The Early History of Banking in England This book is an attempt to bridge certain gaps in the early history of English banking. It deals primarily with the operations Of the pre - Bank of England bankers, the evolution of English paper money, _ and the remarkable transactions of the early directors of the Bank of England during the first six years of its eventful history. The main inquiry is, therefore, confined to the sixteenth and seventeenth centuries, with particular reference to the second half of the latter century. A brief survey, how ever, is given Oi English banking in the eighteenth and early nineteenth centuries. The first chapter describes the activities of the pioneers of English banking. The second and third chapters give a detailed account Of the part played by the goldsmith bankers in the development of banking technique, in the trade expan sion of Stuart England, and in financing the Government of the day. The fourth chapter examines the earliest English banking schemes, including the ill-fated experiments of the City of London, the short-lived Million Bank, and the extraordinary land bank projects of the closing years of the seventeenth century.. The fifth, sixth and Seventh chapters deal with the foundation and early history of the Bank of England. The eighth chapter describes the salient features of English banking between. 1700 and the Bank Act of 1833. The ninth and concluding chapter examines the economic, political and religious conditions under which banking emerged in England, and traces the evolution of English banking theory and practice. Though use has been made Of the contemporary printed books and pamphlets, and of the newspapers of the day. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com 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.

This book is concerned with developments in three main areas of monetary history: domestic commercial banking; monetary policy; and the UK’s international financial position. For ease of analysis the 160 years under study are arranged into three clear chronological divisons. Part 1 covers the years 1826-1913, a period in which the UK emerged as the world’s leading economic power. It was in these years that an extensive and fully-operative domestic banking system was established. Part 2 covers 1914 to 1939 – the years which marked a break in the traditional monetary arrangements of the Victorian and Edwardian eras. Part 3 covers 1939-1986 when the dominance of state influence within the domestic money markets was re-established by the Second World War and the acceptance by the authorities of the obligation to ‘manage’ the economy which meant that successive postwar governments took direct responsibility for the conduct of monetary and credit policy.

This and the following volume chart the history of financial institutions in England in the mid-late nineteenth century as well as examining the periods of boom and bust, their causes and effects. Using hitherto unpublished sources from the International Financial Society this book provides an unrivalled record of the development of the modern banking industry.

This and the previous volume chart the history of financial institutions in England in the mid-late nineteenth century as well as examining the periods of boom and bust, their causes and effects. Using hitherto unpublished sources from the International Financial Society this book provides an unrivalled record of the development of the modern banking industry.

This and the following volume chart the history of financial institutions in England in the mid-late nineteenth century as well as examining the periods of boom and bust, their causes and effects. Using hitherto unpublished sources from the International Financial Society this book provides an unrivalled record of the development of the modern banking industry.