CHAP. II.

Rise in the exchangeable Value of Money
Shown by our Exports
Commencement in 1811
Continuance ever since
Causes of Depression
Opinions as to Depression
How Depression is to be accounted for
Measure of Rise in exchangeable Value of

Money

Page

14 ib. 15 16 ib.

19 20

22

PART II.

MONEY RESTRAINTS.

24

25 26 ib.

28

CHAP. I. V
The Bank of England and its exclusive Privi-

lege, with its immediate Consequence Establishment of the Bank without any exclu

sive Privilege
When granted
Consequences
Banking not a substantive Trade in England

CHAP. II. V
Further Consequences of the exclusive Privilege

of the Bank of England
Amount of Currency
Insecurity of Transactions
Upon what Security rests
Insecurity of Paper issued by other Banking

Companies
Insecurity of Deposits
Amount of Deposits

29 ib. 30 ib.

Page

The Effect of the exclusive Privilege of the

Bank with respect to the Amount of its Issues

Over-Issue of the Bank

Manner of it

Issues of other Bankers limited

Contraction of its Issues by the Bank

Over-Issues by the Bank the Cause of over-

Issues by other Bankers

Consequences

31

ib.

ib.

ib.

33

ib.

34

35

ib.

ib.

The Removal of the exclusive Privilege

Consequences

Caution and Circumspection on the Part of the

Bank

Deposits — Importance of Security to, not con-

templated at Formation of the Bank

Deposits with other Bankers greater than De-

posits with the Bank

ib.

36

The Nature of Coin, and of Bank and Bankers'

CHAP. VI. V

Page 41 42

CO

45

Revulsion of 1825-6 similar to 1815-16
Causes
Cheapness of Abundance, added to Rise in the

Value of Money
Country Bankers the Victims, not the Causes,

of the Revulsion
Contrary Impression of the Minister
His Letter to the Bank adverted to

46 ib. ib.

CHAP. VII. V

47 ib. 48 ib.

Metallic Standard
Alteration in 1816
Effect of it
Gold Standard preferable to Silver
Poor Parts of the Country cannot sustain a

Currency in Gold
Country Parts of England thence distressed
Standard of Silver must be resorted to, or small

Notes must again be issued

49 ib.

ib.

PART III.

CORN-LAW RESTRAINTS.

CHAP. I.

Errors of the Agricultural and Manufacturing

Interests with respect to the Corn Laws
Table of Imports from 1773
Home Growth increased previous to 1815
Has diminished since

Page

Protection afforded by the Corn Laws previous

to 1815
The Reverse since
Freedom previous to 1815
Importable Price had no Operation
Consequence
Reverse in 1815

54 55 ib. 56 ib. 57

CHAP. III.

Consequences of a restraining Corn Law to

the Home Grower
Loss of Export
Consequences
In Reign of Queen Elizabeth adverted to (Note)
Encouragement of Import
Operation explained
Every Season operates as a bad Season

59 60 61 ib. 63 64 ib.

CHAP. IV.

Consequences of the Restraint to Owners of

Land
Diminution of Rent
What Rent is
Can be maintained only by Amount of Produce

65 ib. 66 67

CHAP. V.

Consequences of the Restraint to Agricultural

CHAP. VI.

Increase of Fluctuations of Price
Instances
Fluctuations at Dantzic
Fluctuations in other Countries
Consequences

Page 69 ib. 70 ib. 71

CHAP. VII.
Injustice as well as Impolicy of Corn Laws
Benefit to Growers at Expense of Consumers
Raising Prices of Corn with reference to Taxes
In principle the same with Immunity from

Taxes
Consequences

72 ib. 73

ib. 74

75

ib.

CHAP. VIII.
Remedy
Restoration of the Operation of the Laws which

prevailed previous to 1815
Operation of the Laws previous to that Year,

and since
Object to be attained
How to be attained
Plan suggested
Objections obviated

ib. 77 ib. 81 83

1

PART IV.

POOR LAW RESTRAINTS.

CHAP. I.
Money expended for the Relief of the Poor
Returns made
Sums expended in different Years
Committees appointed thereon