Publisher's Synopsis
""England in 1815 and 1845: Or A Sufficient and a Contracted Currency"" is a book written by Archibald Alison and published in 1845. The book discusses the economic conditions of England during the years 1815 and 1845, with a focus on the currency system in place during these times. Alison argues that a sufficient currency, one that is not too scarce or too abundant, is necessary for a healthy economy. He compares the currency system in place in 1815, which he believes was sufficient, to the contracted currency of 1845, which he believes was causing economic hardship. The book provides a detailed analysis of the events leading up to the contraction of the currency, including the Bank Restriction Act of 1797 and the subsequent suspension of gold payments. Alison also discusses the effects of the contracted currency on various sectors of the economy, including agriculture, manufacturing, and trade. Overall, ""England in 1815 and 1845"" is a historical and economic analysis of the currency system in England during the early 19th century, providing insight into the challenges and consequences of monetary policy during this time period.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.
