Observations on the Scheme of Mr. Law, in France, and of Sir Humphrey Mackworth, in Great-Britain: And Concerning the Establishing Paper-Money, and Forcing Credit.
London: for W. Boreham, [1720] Stock Code: 109322
First and only edition of a very scarce work comparing the financial schemes of John Law and Sir Humphrey Mackworth, two figures infamous in financial history for their activities in paper credit and speculation, apparently written by Mackworth himself in defence of his own projects and schemes, as outlined in his 1720 pamphlet "A Proposal for Payment of the Publick Debts by Appropriated Funds". In defending his own proposals, Mackworth criticises those of John Law, saying that his monetary system was without any form of security or underlying value.
Description
Folio (302 x 202 mm). Sometime folded for insertion into a smaller volume, now disbound.
Condition
Margins unevenly trimmed as part of the previous binding process, lightly creased in places, still very good.
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