The Works and Life of Walter Bagehot, Vol. 6 of 9 (Classic Reprint)

Excerpt from The Works and Life of Walter Bagehot, Vol. 6 of 9Bagehot's Lombard Street was begun, as he tells us in his Advertisement, in the autumn of 1870. It is a wonder ful achievement, that a book dealing with the shifting quick sands of the Money Market should still, after forty years, be a classic of which no one who wishes to understand the subject can afford to be ignorant. Since it is so, it is evidently de sirable to give, for those of its readers who are not acquainted with the Money Market of to-day, a brief account of the chief movements and tendencies which have altered the conditions since Bagehot wrote.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.