F. Straker - The Money Market - 1911
F. Straker - The Money Market - 1911
Title
The Money Market
Author
F. Straker
Year
1911
Publisher
Methuen, London
Description
A classic early study of the structure and function of the British money market, providing a rare contemporary account of the financial mechanisms that shaped modern banking. This work explores the origins and evolution of England’s monetary system, offering invaluable insights into the foundations of financial operations and their impact on national prosperity.
Straker’s analysis traces the beginnings of banking in England, the rise of the Bank of England, and the transformation brought about by the Bank Charter Act of 1844. He examines the growth of private and joint-stock banks, the role of bill brokers, the workings of the Clearing House, and the significance of foreign exchanges - all while emphasizing how London emerged as the financial centre of the world. His reflections on the interdependence of finance, trade, and economic well-being make this a vital reference for historians of economics and banking.
Condition
Inscription on front free endpaper, discoloration to the cover, scattered foxing throughout. 31 pages of publisher’s advertisements.
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