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House of Commons.
Report from Select Committee on Banks of Issue: with the Minutes of Evidence, Appendix, and Index.
Publisher: House of Commons, [London];
Date of Publication: 1840
Stock Code: 15092
Tall quarto, pp., xii, 424. Original blue paper wraps, titles printed to covers. Complete with appendix and index. Tear to joint of lower cover, corners worn with loss, loss to head and tail of spine, soiling to wraps and end-leaves. Internally clean. A very serviceable copy. The report of the select committee appointed to investigate the effect of the circulation of paper bank notes on the British economy. Before the mid-nineteenth century, paper bank notes were issued by various private banks. This select committee report recommended that the Bank of England be the issuer of notes, a position ratified in law by the 1844 Bank Charter Act. An important milestone in the history of paper money. £250.00