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Debates Over Bank Notes as Legal Tender and Depreciation
The House discusses Lord King Crown policy on bank notes and rents. Critics warn that making notes legal tender risks depreciation and public hardship, urging cautious limits on issues and noting Ireland exceptions. Supporters defend measures as essential for currency stability and landlord protections.
MENTIONED IN THIS ARTICLE
Perceval
Mr. Milnes
Kenly
Lord Folkestone
Great Britain
Lord Alvanley
Hadeen
Edward VI
Lord Liverpool
King
Ditor
Mir
Pitt
Folkestone
Hiarl
Milne
Tord Castlereagh
Mr. Brougham
Bank of England
Ireland
Henry Thornton
Castlereagh
Lord Castlereagh
Manrayarr
North America
J. Surrit
Baynes
Lord King
Exchequer
Mr. Perceval
Lord Stanhope
Grey and Grenville
Lord Stanhope Bill
Brougham
Eden
Trerngy
Chone
Mearl
Bank of Engla