Introduction

Aaron Graham ()
Additional contact information
Aaron Graham: University of Oxford

Chapter Chapter 1 in Bills of Union, 2021, pp 1-25 from Palgrave Macmillan

Abstract: Abstract The key themes of this chapter are money, empire and ambition in the British Atlantic in the eighteenth century. Shortages of circulating medium affected not only the colonial economy but also imperial warfare and revenues, leading to a range of monetary expedients. As imperial territories in North America and the Caribbean expanded, especially in the wake of the Seven Years War (1756–1763), the British Empire was increasingly seen as a cohesive and coherent unit, requiring correspondingly ambitious and uniform strategic and commercial policies. The problems and inconveniences caused by absence of a common circulating medium became increasingly glaring, and lay behind the growing number of proposals for colonial monetary union and the creation of an imperial paper currency.

Keywords: Currency; Money; Finance; Banking; Empire; Reform; Monetary union (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-3-030-67677-3_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9783030676773

DOI: 10.1007/978-3-030-67677-3_1

Access Statistics for this chapter

More chapters in Palgrave Studies in the History of Finance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().