Britain's single currency debate of the late 1860s

John Maloney

The European Journal of the History of Economic Thought, 2006, vol. 13, issue 4, 513-531

Abstract: Though a Royal Commission had rejected Britain joining the Latin Monetary Union, Robert Lowe, the Chancellor of the Exchequer, said he would recommend membership provided three conditions were satisfied. As these included a general adherence to the gold standard, nothing further came of it. But meanwhile there had been a complex public discussion of the subject, and the related topic of shrinking the pound coin so it weighed the same as the 25-franc piece. The debate shed much light on the contemporary state of value and monetary theory, and those who supported the changes had the best of it.

Keywords: Euro; money; Jevons; Lowe; coinage (search for similar items in EconPapers)
Date: 2006
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DOI: 10.1080/09672560601025811

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