The Financial System of the United Kingdom (Classic Reprint)

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Excerpt from The Financial System of the United Kingdom This volume was prepared at the suggestion of the late Sir Edward Hamilton, who had in vain cherished during a lifetime in the Treasury the project of publishing a connected account of our financial procedure, which he believed to be much needed by members of Parliament, by Government Departments, and by the public at large. Want of leisure compelled him to defer the execution of his plan until his retirement from the service, when he hoped to treat the subject with greater freedom of comment and criticism than were permissible in an active official. But on his retirement his health was too broken for the task for which he was so exceptionally qualified. In attempting to observe his wishes I have limited myself, so far as possible, to describing things as they are here and now, not as they have been, as they might be, or as they are in other countries. All that is offered is a summary exposition of our financial system, its organisation, methods, and forms of procedure. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.