ABSTRACT
The impracticability of encreasing the fund of gold in the Bank of England, when an alarm at home has already taken place, or even during the period of a very unfavourable balance of trade. There is a peculiar inconsistency in the supposition that a country ought, at such a season, to take its measures for encreasing the quantity of its gold. With as fair an appearance of justice it might have been argued in respect to the stock of corn in hand in the country – 'The stock of corn has been, as now appears, for some time too low; for it is, at the present season, insufficient for the due supply of the country. There is, however, another ground on which the directors of the bank may possibly be thought censurable – that of having failed to supply themselves with a sufficient quantity of gold at an antecedent period.
