Excerpt from The Bank of England's Charters: The Cause of Our Social Distress Where the base of the circulation is a mixed one or uncertain, the above result must be a necessary consequence. The object of this book is to bring forcibly home to the popular mind that the monetary circulation of this country is not based on its standard of value, as is generally sup posed, but is - as a consequence of statute - based upon the Bank of England note. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This 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.