ABSTRACT
The Parliamentary Committee of 1858 marks the end of the period in which we have the motives and policies of credit regulation discussed in all their aspects and laid bare for all to see. Thereafter it becomes necessary to infer motives and policies from the action taken, though a certain amount of guidance is to be derived from unofficial comment, some of which was no doubt more or less in touch with the Bank of England Directorate and reflected something of their views.
