Ten Years of Currency Revolution: 1922-1932, 1st Edition (Hardback) book cover

Ten Years of Currency Revolution

1922-1932, 1st Edition

By Charles Morgan Webb


266 pages

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Originally published in 1935, this book charts the revolution from a banking to an industrial conception of currency which took place between 1922 and 1932. Having failed to stabilise the purchasing power of gold, General Strong stabilised the purchasing power of the dollar, an idea which was revived on an international scale by the Ottawa Conference of 1932. The stabilisation of purchasing power, independently of gold, was subsequently adopted as the keystone of British currency policy.

Table of Contents

1. The Historical Approach 2. How Bankers Make Money 3. The Metallic Complex 4. The Gold Standard 5. The American Currency Revolution, 1922 6. The Currency Conflict 7. The American Collapse of 1929 8. The Macmillan Report 9. The Ottawa Currency Revolution 10. The Exchange Equalisation Fund 11. The Britihs empire Currency Declaration 12. The Currency Revolution - And After. Appendices.

About the Series

Routledge Library Editions: The Gold Standard

Re-issuing 8 seminal volumes in the history of economics, originally published between 1930 and 1987, but which still have enduring validity, the volumes in this set byBarthold A. Butenschøn, Karl Gustav Cassel, G. D. H. Cole, Diane B. Kunz, H. L. Puxley, George F. Warren and Frank A. Pearson and Charles Morgan Webb:

  • Set the British political and financial crisis of 1931 in an international context


  • Provide a definitive account of an exciting episode in British politics


  • Discuss the inadequacy of ‘orthodox Gold Standard theory’ in the light of post-war monetary phenomena


  • Form an invaluable commentary on the monetary instability of these crucial years


  • Represent an influential study of the relationship between the prices of gold and other commodities

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economic Conditions
BUSINESS & ECONOMICS / Economic History
BUSINESS & ECONOMICS / Economics / General
BUSINESS & ECONOMICS / Economics / Comparative