The Principles and Practical Operation of Sir Robert Peel's Bill of 1844
Language: English
Published by Forgotten Books, 2018
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
US$ 19.70
Quantity: Over 20 available
Add to basketItem description from seller
Print on Demand. This book explores the controversial Bank Charter Act of 1844, a pivotal moment in British economic history. The author delves into the origins, provisions, and impact of the Act, analyzing its effects on the British currency and banking system. The book examines the principles of monetary science as established by economists like Adam Smith and David Ricardo, then contrasts them with the new ideas proposed by figures like Tooke, Fullarton, and Wilson. The author analyzes the Act's intent to create a stable, convertible currency, arguing that the Act effectively maintained convertibility while promoting a more steady and resilient system, allowing for a greater degree of accommodation to commerce. The book explores the Actââ â¢s performance during periods of both economic boom and bust, demonstrating the effectiveness of its mechanism for regulating the circulation of money. By meticulously dissecting the Actââ â¢s impact through historical data and economic theory, the author offers profound insight into the complex relationship between government policy, banking practices, and national wealth. 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. …
Seller Inventory # 9781332181513_0
- Title
- The Principles and Practical Operation of Sir Robert Peel's Bill of 1844
- Author
- R. Torrens
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1332181511
- ISBN 13
- 9781332181513
- Seller catalogs
- Economics
The discussion traces the Act’s history from its beginnings to its intended protections for convertibility and financial stability. It surveys the debates among economists and policymakers, including Tooke, Fullarton, Wilson, and Danson, and explains why the reform mattered for merchants, bankers, and the public. The work emphasizes how the text interprets the Bank’s management of reserves, discounts, and note issues, and why these elements influenced prices and monetary stability.
What you will experience
- Historical context for the 1844 Act and its goals for currency reform
- Plain explanations of convertibility, reserves, and the Bank’s role as issuer
- Summaries of major arguments from contemporary critics and the book’s responses
- Discussion of broader banking principles and the difference between issue and deposits
Ideal for readers of economic history and policy debates, this edition clarifies complex ideas with a focus on practical outcomes and accessible reasoning.
"Synopsis" may belong to another edition of this title.
Forgotten Books
London, United Kingdom
AbeBooks seller since June 2, 2021
Shipping rates from United Kingdom to U.S.A.
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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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FB &c Ltd
Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR
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