The Story of the Bank of England / (A History of English Banking, and a Sketch of the Money Market)

The work traces the emergence and evolution of a central English banking institution from its founding as a private company to its later regulatory and market roles, explaining its governance, division between note issue and banking operations, and weekly reserve reporting. It examines the institution's functions as government banker and mint agent, mechanisms of credit creation, interactions with country banks and stock markets, the influence of its rate on securities and short loans, periodic crises and public confidence, major currency drains, and the character and valuation of its own shares.