Report from the Secret Committee on Joint Stock Banks; Together with the Minutes of Evidence, Appendix and Index. Ordered, by The House of Commons, to be Printed, 15 July 1837, 304 pp; 174 pp; 93 pp. 25 July 1838; 126 pp. 13.5 x 8.5", 4tos. 

In poor condition. As is. Soft-cover binding broken on both editions. Blue paper covers moderately chipped at edges and corners; 1838's edition is lacking bottom corner of front cover. Water or tea dampness staining on 1837's front cover. Bookseller's plate found on bottom edge of front cover of 1837's edition: "Milliken Bookseller to his Majesty, the Lord Lieutenant and the University, 104 Grafton Street." Ink stamps on bottom edges of front end-pages: Withdrawn from NEHGS. Paper covers detached from bindings. Bindings broken in several places. Paper spines desecrated; cording and binding exposed. Normal age-related toning throughout text-blocks, with instances of finger-soiling and some light age-staining. Old-hand ink marginalia found in both text-blocks. Some marginalia has been attached via a small nail at bottom edge of leaf - many of these notes are chipped and torn. Reading copies. Bindings broken. Please see photos and ask questions, if any, before purchasing. 

   Joint-stock banking, permitted from 1826, involved greater branching than private banking. It's dominance over the private bank is often thought to be a result of laissez-faire political ideology. The Country Bankers Act of 1826 has been considered by most financial historians to have been a precipice in the history of English and Welsh banking. It stands as the starting point for the rise of share ownership, the end of private banking, and the relative stability of financial institutions. During the early 19th century, the Bank of England held a charter, and was the only bank within the English financial sector to possess one since its founding in 1694. 

   A joint-stock bank is in direct contrast with a private bank - a joint-stock bank is controlled by it's shareholders. 

Two years worth of reports on Joint Stock Banks, with old-hand ink marginalia. 

FORN-SHELF-0681-BB-0424-HK1459