Download Money and Exchange in Europe and America, 1600–1775: A by John J. McCusker PDF

By John J. McCusker

The instruction manual explains how cash and trade functioned as parts of the yank financial system within the 17th and eighteenth centuries; it additionally presents enough technical and statistical details to permit the reader to transform a sum recorded in a single forex into its similar in one other. McCusker combines this with a compilation of exhaustive tables that supply the economic price of trade among London and the most important towns of Europe and the British colonies.

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Extra info for Money and Exchange in Europe and America, 1600–1775: A Handbook

Example text

It should inspire caution in their use. The blank spaces might also prod the reader to collect and compile additional data to fill the gaps. Given this format he or she can do just that directly on the page. The following example shows how to use these tables and illustrates, as well, that this handbook-for all the labor of the author in preparing it and of the reader in understanding it-permits us merely to catch up with where people were two hundred years ago. In the spring of 1766, when flour 33.

309-310. See also the evidence of James Mansfield, an Edinburgh banker, before the 1804 parliamentary committee on Irish monetary problems. Frank Whitson Fetter, The Irish Pound, 1797-1826 (London, [1955]), 91. 29. [Justice], General Treatise of Monies, 94. , 108; and T. C. Smout, Scottish Trade on the Eve of Union, 1660-1707 (Edinburgh and London, 1963), 117-124. For bills in the Glasgow-Stockholm trade, see Jacob M. 6 percent better than that on London. 3o We have considerably more information, and some good data, about the London-Ireland exchange.

Moreover, a slight difference existed as a matter of course. 4p) more than at London. For Antwerp see de Roover, Gresham on Foreign Exchange, 142-143, citing both the "Memorandum Prepared for the Royal Commission on the Exchanges," 1565, from R. H. , Tudor Economic Documents (London, 1924), III, 349, and Thomas Wilson, A Discourse upon Usury (1572), ed. R. H. Tawney (London, 1925), 306-307. See also J. D. Gould, The Great Debasement: Currency and the Economy in Mid-Tudor England (Oxford, 1970), 88.

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