Proposals for an Economical and Secure Currency; With Observations on the Profits of the Bank of England, as They Regard the Public and the Proprietors of Bank Stock.
by RICARDO, David
- Used
- near fine
- Hardcover
- first
- Condition
- Near fine
- Seller
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London, Ontario, Canada
Item Price
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About This Item
London: John Murray, 1816. First Edition. Hardcover. Near fine. 126 p. 22 cm. Bound in half leather with marbled paper boards, gilt trim. New endpapers. Some light occasional spotting but overall very clean and neat. A beautiful copy.
In August 1815, Pascoe Grenfell, an influential speaker on financial questions in Britain's House of Commons, asked David Ricardo to help him in his Parliamentary battle against the excessive profits of the Bank of England. Ricardo, who concurred that the Bank's profits should be shared with the public, agreed to assist him. By September 1815 he had written this book, which was published in February 1816, shortly before the debate on Grenfells' motion on the Bank. The book contains a detailed account of Richardo's plan to make the Bank of England resume cash payments by making its notes convertible to gold ingots instead of coins. Ths would have allowed Britain to go back to the gold standard but to use paper as the actual means of payments. This plan was in fact adopted in 1821 and the book gave Ricardo long-lasting fame. Kress B.6787. Goldsmiths 21537. Franklin and Legman p. 3. HBS 66874.
In August 1815, Pascoe Grenfell, an influential speaker on financial questions in Britain's House of Commons, asked David Ricardo to help him in his Parliamentary battle against the excessive profits of the Bank of England. Ricardo, who concurred that the Bank's profits should be shared with the public, agreed to assist him. By September 1815 he had written this book, which was published in February 1816, shortly before the debate on Grenfells' motion on the Bank. The book contains a detailed account of Richardo's plan to make the Bank of England resume cash payments by making its notes convertible to gold ingots instead of coins. Ths would have allowed Britain to go back to the gold standard but to use paper as the actual means of payments. This plan was in fact adopted in 1821 and the book gave Ricardo long-lasting fame. Kress B.6787. Goldsmiths 21537. Franklin and Legman p. 3. HBS 66874.
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Details
- Bookseller
- Attic Books (CA)
- Bookseller's Inventory #
- 133437
- Title
- Proposals for an Economical and Secure Currency; With Observations on the Profits of the Bank of England, as They Regard the Public and the Proprietors of Bank Stock.
- Author
- RICARDO, David
- Format/Binding
- Hardcover
- Book Condition
- Used - Near fine
- Quantity Available
- 1
- Edition
- First Edition
- Publisher
- John Murray
- Place of Publication
- London
- Date Published
- 1816
- Weight
- 0.00 lbs
- Keywords
- Pascoe Grenfell, Economics, Britain, Bank of England, Economics, Gold standard, Currency
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Glossary
Some terminology that may be used in this description includes:
- New
- A new book is a book previously not circulated to a buyer. Although a new book is typically free of any faults or defects, "new"...
- Fine
- A book in fine condition exhibits no flaws. A fine condition book closely approaches As New condition, but may lack the...
- Marbled Paper
- Decorative colored paper that imitates marble with a veined, mottled, or swirling pattern. Commonly used as the end papers or...
- Gilt
- The decorative application of gold or gold coloring to a portion of a book on the spine, edges of the text block, or an inlay in...
- First Edition
- In book collecting, the first edition is the earliest published form of a book. A book may have more than one first edition in...