This edition had all images removed.

LoC No.: 03014958

Title: The Story of the Bank of England
(A History of English Banking, and a Sketch of the Money Market)

Contents: The period of monopoly, 1708-1826 -- Before and after the Act of 1844 -- The Bank's weekly return -- The Issue and Banking departments -- The store in the Issue department -- Weekly differences in the return -- The Bank as agent of the Mint -- The principal currency drains -- Banks and the creation of credit -- The battle of the banks -- The London money market -- The bank rate and stock exchange securities -- The banks as stockbrokers -- The short loan fund and the price of securities -- Panic years -- The banks and the public -- Bank stock.

Credits: Produced by Graeme Mackreth and The Online Distributed
Proofreading Team at https://www.pgdp.net (This file was
produced from images generously made available by The
Internet Archive)

Summary: "The Story of the Bank of England" by Henry Warren is a historical account written in the early 20th century. The book explores the history and evolution of the Bank of England, tracing its impact on English banking and the money market over the centuries. As it delves into various periods, including the monopoly held by the Bank and consequential legislative reforms, it not only elucidates the origins and development of this crucial financial institution but also analyzes its role in shaping the banking landscape of England. The opening of the book begins by providing a historical backdrop regarding the establishment of the Bank of England in 1694, initiated by William Paterson, who envisioned a finance company to aid the government. Warren discusses Paterson's aspirations, the challenges he faced, and the significance of securing government funding at a time of financial need. It highlights the initial public perception of the Bank and its operations, establishing a narrative that reflects the complex interplay between politics and banking practices leading up to the Grant of Monopoly in 1708. This foundation sets the stage for further exploration into the many crises and reforms that shaped the Bank's authority and the broader banking sector in England throughout subsequent eras. (This is an automatically generated summary.)

Reading Level: Reading ease score: 56.0 (10th to 12th grade). Somewhat difficult to read.

Author: Warren, Henry

EBook No.: 63449

Published: Oct 13, 2020

Downloads: 310

Language: English

Subject: Bank of England -- History

Subject: Banks and banking -- England

LoCC: Social sciences: Finance

Category: Text

Rights: Public domain in the USA.

This edition has images.

LoC No.: 03014958

Title: The Story of the Bank of England
(A History of English Banking, and a Sketch of the Money Market)

Contents: The period of monopoly, 1708-1826 -- Before and after the Act of 1844 -- The Bank's weekly return -- The Issue and Banking departments -- The store in the Issue department -- Weekly differences in the return -- The Bank as agent of the Mint -- The principal currency drains -- Banks and the creation of credit -- The battle of the banks -- The London money market -- The bank rate and stock exchange securities -- The banks as stockbrokers -- The short loan fund and the price of securities -- Panic years -- The banks and the public -- Bank stock.

Credits: Produced by Graeme Mackreth and The Online Distributed
Proofreading Team at https://www.pgdp.net (This file was
produced from images generously made available by The
Internet Archive)

Summary: "The Story of the Bank of England" by Henry Warren is a historical account written in the early 20th century. The book explores the history and evolution of the Bank of England, tracing its impact on English banking and the money market over the centuries. As it delves into various periods, including the monopoly held by the Bank and consequential legislative reforms, it not only elucidates the origins and development of this crucial financial institution but also analyzes its role in shaping the banking landscape of England. The opening of the book begins by providing a historical backdrop regarding the establishment of the Bank of England in 1694, initiated by William Paterson, who envisioned a finance company to aid the government. Warren discusses Paterson's aspirations, the challenges he faced, and the significance of securing government funding at a time of financial need. It highlights the initial public perception of the Bank and its operations, establishing a narrative that reflects the complex interplay between politics and banking practices leading up to the Grant of Monopoly in 1708. This foundation sets the stage for further exploration into the many crises and reforms that shaped the Bank's authority and the broader banking sector in England throughout subsequent eras. (This is an automatically generated summary.)

Reading Level: Reading ease score: 56.0 (10th to 12th grade). Somewhat difficult to read.

Author: Warren, Henry

EBook No.: 63449

Published: Oct 13, 2020

Downloads: 310

Language: English

Subject: Bank of England -- History

Subject: Banks and banking -- England

LoCC: Social sciences: Finance

Category: Text

Rights: Public domain in the USA.