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Edwards, Eliezer, 1815-1891

"Personal Recollections of Birmingham and Birmingham Men"


I have never seen the Queen since. Her photographs, however, show me
that, although she has twenty-seven grand-children, and has been Queen
of England for more than forty years, she is still a comely matron,
with every appearance of health and vigour. Long may she remain so!
Long may she continue to be, as now, the kindly, sympathetic, motherly
head of a contented, loyal, and united people.


BIRMINGHAM BANKS: OLD AND NEW.

At the close of the French war in 1814, the Bank of England commenced
preparations for the return to specie payments. Immediate "tightness"
in the money market was the result. Prices fell. Trade became dull.
Credit was injured. The return of peace seemed, to the unthinking,
a curse rather than a blessing. Alarming riots were frequent, and
general distress and discontent existed. The Government, in some
alarm, resolved to postpone the resumption of cash payments until
1819.
In the meantime, the subject of the proper regulation of the currency
underwent a good deal of discussion, and in the year 1819 the Act
known as "Peel's Bill" was passed.


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