research product . 2019

Performing public credit at the eighteenth-century Bank of England

Murphy, Anne L.;
Open Access English
  • Published: 27 Mar 2019
  • Country: United Kingdom
Abstract
Much is known about the negotiation of personal credit relationships during the eighteenth century. It has been noted how direct contact and observation allowed individuals to assess the creditworthiness of those with whom they had financial connections and to whom they might lend money. Much less is known about one of the most important credit relationships of the long eighteenth century: that between the state and its creditors. This article shows that investors could experience the performance of public credit at the Bank of England. By 1760 the Bank was the manager of nearly three-quarters of the state's debt and housed the main secondary market in that debt...
Subjects
free text keywords: Cultural Studies, History
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Digital Humanities and Cultural Heritage
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