Historical Sketch Of The Bank Of England

Historical Sketch of the Bank of England is a book written by John Ramsay McCulloch in 1831. The book provides a comprehensive overview of the history of the Bank of England, from its establishment in 1694 to the early 19th century. McCulloch examines the Bank's role in the British economy and its impact on the financial system of the country. The book also discusses the question of whether the Bank of England should continue to have exclusive privileges, such as the ability to issue banknotes, or whether these privileges should be extended to other banks. McCulloch argues that the Bank's privileges have been beneficial to the country, but that they should not be extended indefinitely. Overall, Historical Sketch of the Bank of England is a valuable resource for anyone interested in the history of banking and finance in Britain, and provides a detailed analysis of the role of the Bank of England in the country's economic development.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.