An Essay on the General Principles and Present Practice of Banking, in England and Scotland (Classic Reprint): With Supplementary Observations on the ... Accounts Ought to Be Kept (Classic Reprint) - Softcover
Synopsis
This work argues for a major change in banking by comparing private and public systems, with a plan that could reshape finance. It makes the case for Joint Stock Banks and explains how a public bank might work.
In this examination of early 19th‑century banking, the author contrasts English and Scotch practices and explains why Scotland’s public companies earned public trust. The text discusses the failures of private banks, the role of currency, and how a public bank could support agriculture and trade through broader credit and stable notes. It lays out a practical blueprint for forming Joint Stock Companies and for organizing a bank with a careful balance of safety and efficiency.
- Understand the differences between private banks and public, joint-stock models.
- See why the Scotch system is praised and how it influenced proposals for reform.
- Learn how a public bank could be structured, including board composition, branch oversight, and privacy safeguards.
- Explore the expected benefits for agriculture, trade, and regional economies.
Ideal for readers of financial history, policy reform, and anyone curious about early efforts to modernize banking and currency systems.
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Product Description
Excerpt from An Essay on the General Principles and Present Practice of Banking, in England and Scotland: With Supplementary Observations on the Steps Proper to Form a Public Bank, and the System on Which Its Accounts Ought to Be Kept
Before the publication of this Pamphlet, the public at large were totally unaware of the superiority of the Scotch system of Banking over that established in this country. Smith, in his -wealth of Nations, fifty years ago pointed out the great accommodation afforded to the public by the Scotch Banks, and the advantages which the commerce and agriculture of the countryu.
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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.
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An Essay on the General Principles and Present Practice of Banking, in England
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Paperback. Condition: New. Print on Demand. This book explores the fascinating world of banking in the early 19th century, comparing and contrasting the distinct systems prevalent in England, Ireland, and Scotland. The author, writing in the wake of the tumultuous economic period following the Napoleonic Wars, focuses on the dramatic differences between the stability of the Scottish banking system, which relied heavily on joint-stock companies, and the fragility of the English and Irish models, which were dominated by private partnerships. The book delves into the historical context of these banking systems, examining their strengths, weaknesses, and the consequences of their respective structures. Through detailed analysis and insightful observations, the author explores the profound impact of these different systems on economic growth, public confidence, and overall societal well-being. The book's detailed examination of the financial practices of the time sheds light on the crucial role of banking in shaping economic development and national prosperity. 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. print-on-demand item. Seller Inventory # 9781330393161_0
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An Essay on the General Principles and Present Practice of Banking, in England and Scotland
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330393161
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An Essay on the General Principles and Present Practice of Banking, in England and Scotland
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330393161
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An Essay on the General Principles and Present Practice of Banking, in England and Scotland : With Supplementary Observations on the Steps Proper to Form a Public Bank, and the System on Which Its Accounts Ought to Be Kept (Classic Reprint)
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Condition: Sehr gut. Zustand: Sehr gut | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Seller Inventory # 25791856/2