Sir Walter Scott - A Letter to the Editor of the Edinburgh Weekly, 1826, 1st ed
$1,200.00
Scott has been credited with rescuing the Scottish banknote. In 1826, there was outrage in Scotland at the attempt of Parliament to prevent the production of banknotes of less than five pounds. Scott wrote a series of letters to the Edinburg Weekly Journal under the pseudonym Malachi Malagrowther, Esq. patterned on Swift’s Drapier’s Letters.
The monetary crisis of 1825 led the government to propose a reform in the banking system which would restrict the issue of notes exclusively to the Bank of England. "The Scottish bankers, having got wind of what was proposed, feared for their £1 notes. They mounted the most vigorous political campaign in British banking history. They launched it against what they regarded as a mortal blow to their system... Sir Walter Scott, assuming the transparent mask of 'Malachi Malagrowther' published a pamphlet which attracted a great deal of attention" (Checkland, Scottish Banking: A History, p. 437).
William Blackwood, Edinburgh 1826. 8vo half green calf, marbled boards, 1st ed., spine back sunned to brown from green, lightly scuffed, tips bumped, wear at head of spine back, dampstain from preliminaries growing smaller through p. 30, text clean, binding sound, VG-.Includes 1st ed. of each of 3 letters to Edinburgh Weekly Journal. (Only the third includes Cadell of London as publisher);Separate title pages and pagination: 60 pp., 84 pp., 39pp.
Scott has been credited with rescuing the Scottish banknote. In 1826, there was outrage in Scotland at the attempt of Parliament to prevent the production of banknotes of less than five pounds. Scott wrote a series of letters to the Edinburg Weekly Journal under the pseudonym Malachi Malagrowther, Esq. patterned on Swift’s Drapier’s Letters.
The monetary crisis of 1825 led the government to propose a reform in the banking system which would restrict the issue of notes exclusively to the Bank of England. "The Scottish bankers, having got wind of what was proposed, feared for their £1 notes. They mounted the most vigorous political campaign in British banking history. They launched it against what they regarded as a mortal blow to their system... Sir Walter Scott, assuming the transparent mask of 'Malachi Malagrowther' published a pamphlet which attracted a great deal of attention" (Checkland, Scottish Banking: A History, p. 437).
William Blackwood, Edinburgh 1826. 8vo half green calf, marbled boards, 1st ed., spine back sunned to brown from green, lightly scuffed, tips bumped, wear at head of spine back, dampstain from preliminaries growing smaller through p. 30, text clean, binding sound, VG-.Includes 1st ed. of each of 3 letters to Edinburgh Weekly Journal. (Only the third includes Cadell of London as publisher);Separate title pages and pagination: 60 pp., 84 pp., 39pp.
Scott has been credited with rescuing the Scottish banknote. In 1826, there was outrage in Scotland at the attempt of Parliament to prevent the production of banknotes of less than five pounds. Scott wrote a series of letters to the Edinburg Weekly Journal under the pseudonym Malachi Malagrowther, Esq. patterned on Swift’s Drapier’s Letters.
The monetary crisis of 1825 led the government to propose a reform in the banking system which would restrict the issue of notes exclusively to the Bank of England. "The Scottish bankers, having got wind of what was proposed, feared for their £1 notes. They mounted the most vigorous political campaign in British banking history. They launched it against what they regarded as a mortal blow to their system... Sir Walter Scott, assuming the transparent mask of 'Malachi Malagrowther' published a pamphlet which attracted a great deal of attention" (Checkland, Scottish Banking: A History, p. 437).
William Blackwood, Edinburgh 1826. 8vo half green calf, marbled boards, 1st ed., spine back sunned to brown from green, lightly scuffed, tips bumped, wear at head of spine back, dampstain from preliminaries growing smaller through p. 30, text clean, binding sound, VG-.Includes 1st ed. of each of 3 letters to Edinburgh Weekly Journal. (Only the third includes Cadell of London as publisher);Separate title pages and pagination: 60 pp., 84 pp., 39pp.