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.

Published by John Murray, London, 1816

  • First Edition
  • Hardcover
  • Used
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Seller: Attic Books (ABAC, ILAB), London, ON, CanadaAttic Books (ABAC, ILAB)

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AbeBooks seller since December 15, 2006

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Hardcover

Condition: Used - Near fine

£ 10,820.19

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Item description from seller

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.…

Seller Inventory # 133437

Bibliographic details

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
Publisher
John Murray, London
Publication year
1816
Condition
Near fine
Binding
Hardcover
Edition
First Edition.
Seller catalogs
Rare & Antiquarian

Attic Books (ABAC, ILAB)

London, ON, Canada

5-star seller

AbeBooks seller since December 15, 2006

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Attic Books is one of the premier retail locations for antiquarian books and collectable books in Canada. We recently celebrated our forty-fifth year in business. Please browse our select online stock on a wide range of subjects in books and paper collectables for the reader, scholar and the seasoned collector. Or come visit us in London, Ontario to enjoy the relaxed atmosphere of our three floor bookstore, enhanced by original tin ceilings, hardwood maple floors, and the arts & crafts façade of our century building.…

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Technology, Science, Ephemera, Books on Books, Odd Volumes, Ontario and Local Histories, Medicine, Canadiana

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Attic Books (ABAC, ILAB)

ON, Canada