The Financial Revolution in England: A Study in the Development of Public Credit, 1688-1756 (Sutton's Photographic History of Transport)

Peter Dickson's important study of the origins and development of the system of public borrowing which enabled Great Britain to emerge as a world power in the 18th century has long been out of print. This publication reprints the 1993 version of the book, which made significant alterations to the 1967 original. Peter Dickson's important study of the origins and development of the system of public borrowing which enabled Great Britain to emerge as a world power in the eighteenth century has long been out of print. The present print-on-demand volume reprints the book in the 1993 version published by Gregg Revivals, which made significant alterations to the 1967 original. These included a new introduction reviewing recent work, and, in particular, 33 pages of detailed annotations and corrections, which, taken together, justified its status as a second edition Originally published in 1967, this work offers a detailed reconstruction of government borrowing during the first half of the 18th century. Utilizing a range of documentary sources, the author defines the nature of financial problems faced in the period and analyzes in detail the methods adopted to overcome them. Topics covered include government short- and long-term borrowing, the emergence of public creditors and the development of the market in securities - including the origins of the Stock Exchange. This Gregg Revivals reprint of the book includes a new introduction written by the author, which updates his original study. P.g.m. Dickson. Originally Published: London : Macmillan, 1967. Includes Bibliographical References (p. [535]-555) And Index.