Publisher's Synopsis
Conversion And Redemption: An Account Of The Operations Under The National Debt Conversion Act, 1888 To 1889 (1889) is a historical book written by Edward Walter Hamilton. The book provides a detailed account of the operations that took place under the National Debt Conversion Act of 1888 to 1889. The author describes the process of converting the national debt into a new form of securities, which had a lower rate of interest. The book also covers the redemption of the old securities and the issue of the new ones. Hamilton provides a comprehensive analysis of the impact of the conversion on the national debt and the financial markets. He discusses the reasons behind the conversion and the benefits it brought to the government and the investors. The author also examines the challenges faced during the conversion process and how they were overcome. The book is a valuable resource for anyone interested in the history of finance and the national debt. It provides a detailed account of a significant event in the financial history of the United Kingdom. The book is written in a clear and concise style, making it accessible to readers of all levels of expertise.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.
