Lot 112

Broadside.- Bank Restriction Act.- At the Council Chamber, Whitehall, The Twenty-eighth Day of February 1797, rare only edition, Printed by George Eyre and Andrew Strahan, 1797.

 

Hammer Price: £480

Description

Broadside.- Bank Restriction Act.- At the Council Chamber, Whitehall, The Twenty-eighth Day of February 1797. Present, The Lords of His Majesty's Most Honourable Privy Council, only edition, woodcut of the royal arms to head, folds, slight fraying to lower margin, not affecting text, [Steele IV, p.197], 385 x 315mm., printed by George Eyre and Andrew Strahan, 1797.

⁂ Rare. Subscribed by 42 statesmen, Privy Councillors, and senior public figures, including William Pitt and the Archbishop of Canterbury, this broadside signals the beginning of the so-called Bank Restriction period, published just a day after the stoppage of payment of cash for Bank of England notes. Clearly intended to encourage public confidence, it was swiftly followed, on 3rd May, with the enactment of the Bank Restriction Bill. ESTC locates only one copy at the Guildhall Library.

Description

Broadside.- Bank Restriction Act.- At the Council Chamber, Whitehall, The Twenty-eighth Day of February 1797. Present, The Lords of His Majesty's Most Honourable Privy Council, only edition, woodcut of the royal arms to head, folds, slight fraying to lower margin, not affecting text, [Steele IV, p.197], 385 x 315mm., printed by George Eyre and Andrew Strahan, 1797.

⁂ Rare. Subscribed by 42 statesmen, Privy Councillors, and senior public figures, including William Pitt and the Archbishop of Canterbury, this broadside signals the beginning of the so-called Bank Restriction period, published just a day after the stoppage of payment of cash for Bank of England notes. Clearly intended to encourage public confidence, it was swiftly followed, on 3rd May, with the enactment of the Bank Restriction Bill. ESTC locates only one copy at the Guildhall Library.

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