05 Nov 1864
Page 1
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Newspaper
Weekly Chronicle
Location
London, Middlesex, United Kingdom
Date
Nov 05, 1864
Page
1
A defense of joint stock and banking against popular panning links monetary tightness to the cotton market. It argues war and price shocks created bullion drainage and higher discount rates, urging Britain to diversify supply from India and Egypt while cultivating demand for home goods.
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