 | Money - Money - 1799 - 208 pages
...has been much argued, and the result is thus summed up by Mr. McCulloch : — " One party contends that Mr. Peel's Act not only put an end to those fluctuations...gave effect to the solemn engagements into which the public had entered with the national creditor, but that it did this without adding materially to the... | |
 | John Ramsay McCulloch - Commerce - 1852 - 790 pages
...1821. — (See Table IV. for an account of the price of bullion, (¡»' depreciation of paper, &c. from 1800 to 1821.) A great diversity of opinion has...contend that Mr. Peel's Act not only put an end to those fluctuation* in the value of money, which had previously been productive of great mischief, and gave... | |
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B for an account of the price of bullion, the depreciation of paper, 8cc., from 1800 to 1821). A great diversity of opinion has been entertained with respect to the policy of the return to the old standard, in 1819. By one party it has been represented... 