Project Gutenberg 2025-03-27 Public domain in the USA. 177 Wall, Walter William 16008348 The war and our financial fabric $aLondon :$bChapman & Hall, Ltd., $c1915. Charlene Taylor and the Online Distributed Proofreading Team at https://www.pgdp.net (This file was produced from images generously made available by The Internet Archive/American Libraries.) "The War and Our Financial Fabric" by Walter William Wall is a historical and economic analysis written in the early 20th century. This book examines the impact of a major war—clearly referencing the First World War—on the financial systems and banking operations of Britain, focusing particularly on issues such as banking, credit, currency, and national financial confidence. It is aimed at readers interested in monetary theory and the mechanics of banking during times of national crisis, offering insights derived from recent and unprecedented financial challenges. The opening of the book, which includes the preface and first several chapters, sets out Wall's fundamental argument that the British financial system, often criticized for resting on a supposed fragile "superstructure of credit," is in fact far more robust, being grounded in the nation's wealth and sound banking practices. Wall discusses the evolution of money from barter to legal tender, distinguishes between types of currency and deposits, and explores how banks really operate—not by creating credit out of nothing, but by transforming existing wealth into liquid capital. He challenges prevailing anxieties about gold reserves and bank runs, stressing that public confidence in sound management, rather than mathematical ratios of reserves, is key to stability. Throughout, Wall uses simple analogies and balance-sheet analysis to demystify the functions of banks, making the complex structures and controversies of wartime finance accessible to lay readers. (This is an automatically generated summary.) https://archive.org/details/warourfinancialf00wallrich 20200917130825wallfji 1915 GB Reading ease score: 68.4 (8th & 9th grade). Neither easy nor difficult to read. en Banks and banking -- Great Britain World War, 1914-1918 -- Economic aspects -- Great Britain Currency question -- Great Britain HG Text Category: History - British Category: History - Modern (1750+) Category: Economics 384434 2025-06-30T04:49:46.784073 text/html 358557 2025-03-27T06:38:52 text/html 509147 2025-06-30T04:49:54.049029 application/epub+zip 506237 2025-06-30T04:49:48.804064 application/epub+zip 506238 2025-06-30T04:49:47.655036 application/epub+zip 1117672 2025-06-30T04:49:57.845023 application/x-mobipocket-ebook 1080630 2025-06-30T04:49:53.171035 application/x-mobipocket-ebook 339922 2025-06-30T04:49:46.065080 text/plain; charset=us-ascii 319979 2025-03-27T06:38:52 text/plain; charset=us-ascii 16217 2025-06-30T04:49:57.982998 application/rdf+xml 17431 2025-06-30T04:49:48.025045 image/jpeg 2544 2025-06-30T04:49:47.837062 image/jpeg 647465 2025-06-30T04:49:46.817063 application/octet-stream application/zip Archives containing the RDF files for *all* our books can be downloaded at https://book.klll.cc/wiki/Gutenberg:Feeds#The_Complete_Project_Gutenberg_Catalog