Several Objections Sometimes Made against the Office of Credit, Fully Answered.
Published by [London: no printer stated, c. 1682]
- First Edition
- Used
Seller: Peter Harrington. ABA/ ILAB., London, United KingdomPeter Harrington. ABA/ ILAB.
AbeBooks seller since July 26, 1999
Condition: Used
£ 975.00
Quantity: 1 available
Add to basketItem description from seller
First edition, defending Chamberlen and Robert Murray's 1682 scheme to establish a bank of credit in the City of London. "Chamberlen deflected attention away from the potentially corruptible human element involved in the issuance of credit and instead highlighted the materiality of the security backing credit" (Wennerlind, pp. 104-5). In the early 1680s, Chamberlen and Murray "proposed a number of revenue-raising schemes to the corporation of London. The most significant of these was for a bank of credit, which accepted both subscriptions of money and deposits of goods. Arrangements were made for subscriptions from the mayor and common councilmen to establish the office, and although some members of the corporation were persuaded to subscribe to the bank, the scheme foundered" (ODNB). A fellow of the Royal Society and a medical man by training, Chamberlen served as the physician in ordinary to the king in 1673. He is equally notable as a monetary projector; after this early venture with Murray he became the chief promoter of the land-bank schemes of the 1690s. The pamphlet is revised from Chamberlen's 1665 tract A description of the Office of Credit (ESTC R20510). ESTC R25335; Goldsmiths' 2473. Carl Wennerlind, Casualties of Credit: The English Financial Revolution, 1620-1720, 2011. Small quarto (184 x 136 mm), pp. 26. Disbound. Cropped, with some loss to text, lightly browned and spotted: a good copy.…
Seller Inventory # 196492
Bibliographic details
- Title
- Several Objections Sometimes Made against the Office of Credit, Fully Answered.
- Author
- CHAMBERLEN, Hugh.
- Publisher
- [London: no printer stated, c. 1682]
- Edition
- 1st Edition
Peter Harrington. ABA/ ILAB.
London, United Kingdom
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Peter Harrington Antiquarian Bookseller has grown to become one of the largest and best known rare booksellers in Europe. Member of the ABA and ILAB. Visit us in the UK at 100 Fulham Road, Chelsea, London SW3 6HS Phone +44 (0)20 7591 0220 Fax +44 (0)20 7225 7054 www.peterharrington.co.uk
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