Publisher's Synopsis
Sir Robert Peel's Act of 1844, Regulating the Issue of Bank Notes, Vindicated is a book written by George Arbuthnot in 1857. The book is a defense of the Bank Charter Act of 1844, which was introduced by Sir Robert Peel, the British Prime Minister at the time. The Act aimed to regulate the issue of banknotes in order to stabilize the economy and prevent financial crises. Arbuthnot argues that the Act was a necessary and effective measure to prevent the over-issuance of banknotes, which had led to inflation and economic instability in the past. He provides a detailed analysis of the Act and its implementation, addressing criticisms and misconceptions that had arisen since its passage. The book also includes a historical overview of the British banking system and the events that led up to the Act. Arbuthnot examines the political and economic context in which the Act was introduced, as well as the debates and controversies that surrounded it. Overall, Sir Robert Peel's Act of 1844, Regulating the Issue of Bank Notes, Vindicated is a comprehensive and well-researched defense of an important piece of British economic legislation. It provides valuable insights into the history of banking and finance, as well as the challenges of economic regulation and stability.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.
