The Theory and Practice of Central Banking, 1797–1913

Originally published in 1943, this book presents a rigorous study of central banking from both theoretical and historical perspectives from 1797 to 1913.

E. Victor Morgan (Author)

9781107690868, Cambridge University Press

Paperback / softback, published 17 October 2013

268 pages
21.6 x 14 x 1.5 cm, 0.35 kg

Originally published in 1943, this book presents a rigorous study of central banking from both theoretical and historical perspectives during the period 1797 to 1913. This parallel treatment of monetary events and monetary theories reveals not only the connection between the facts and the theories, but also the occasional gaps between them. Numerous tables and an appendix section are also included. This book will be of value to anyone with an interest in the development of banking and economic history.

Editorial preface
Author's preface
1. Banks and banking in the early nineteenth century
2. The bank restriction period, 1797–1821
3. Monetary theory of the bank restriction period
4. The first years of resumption, the crisis of 1825, and the Bank Charter Act, 1833
5. The Horsley Palmer experiment, and the Bank Charter Act, 1844
6. The currency and banking controversy
7. The trial of the Bank Charter Act, 1844–58
8. The great boom, 1858–73
9. The great depression, 1873–96
10. The last years of the Gold Standard, 1897–1913
11. Monetary theory of the second half of the nineteenth century
Appendix. Changes in bank rate, 1876–1913, with the amount of the reserve of the Banking Department and the 'proportion' on the preceding Wednesday
Index.

Subject Areas: Economic history [KCZ]