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Bills of Union - Money, Empire and Ambitions in the Mid-Eighteenth Century British Atlantic (Hardcover, 1st ed. 2021)
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Bills of Union - Money, Empire and Ambitions in the Mid-Eighteenth Century British Atlantic (Hardcover, 1st ed. 2021)
Series: Palgrave Studies in the History of Finance
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This book brings together for the first time more than half a dozen
proposals for an imperial paper currency in the mid-eighteenth
century British Atlantic, to show how manage colonial currency and
banking in the expanding empire. Existing studies have looked at
the successes and failures of schemes in individual colonies. But
some had grander ambitions, such as Benjamin Franklin, and offered
proposals for 'imperial' or 'continental' paper currencies and
monetary unions which would help knit together colonial territories
throughout North America and even the Caribbean into a cohesive
whole during a moment of imperial reform. This book brings together
these proposals for the first time, including several never studied
before, to show how thinkers and writers on empire, currency and
finance drew on financial practices, precedents and principles from
across the British Atlantic to present their own visions of
monetary union and the future of empire. In doing so it makes an
important and original contribution to the wider histories of
monetary and financial thought and theory and the roots of American
monetary policy, and the links between finance, empire, politics,
reform and revolution. It will be of interest to academics working
on the history of finance, banking and currency in the British
Isles, North America and the Caribbean in the eighteenth century,
as well as those working on the political economy of the British
Empire, including mercantilism, trade, warfare and the politics of
empire in the decades leading up to the American Revolution.
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