The Story of the Bank of England (A History of English Banking, and a Sketch of the Money Market)

"The Story of the Bank of England" by Henry Warren is a journey through the history of one of England's most important financial institutions. Starting with its creation in 1694 by William Paterson, the book shows how the Bank of England grew from an idea to a central part of the country's economy. It examines the challenges Paterson faced and the importance of government support in the early days. This account reveals how the bank got its start, facing both public skepticism and political challenges, and obtaining a Grant of Monopoly in 1708. The story moves through time, examining the many problems and changes that influenced the Bank's power and the development of banking in England.