The System of National Finance is a book written by Edward Hilton Young in 1915. The book provides a comprehensive overview of the financial system of the United Kingdom during the early 20th century. It covers various topics such as the national debt, taxation, banking, and the role of the government in the financial system. The author begins by discussing the history of finance in the UK and how it has evolved over time. He then delves into the different types of taxes that are levied in the country, including income tax, customs duties, and excise taxes. He also explains how the government raises funds through the issuance of bonds and other financial instruments.Young also explores the role of the Bank of England in the financial system and how it influences the economy through its monetary policies. He discusses the importance of the gold standard and how it affects the value of the country's currency.The book provides a detailed analysis of the national debt and its impact on the economy. Young explains how the government manages the debt and the risks associated with it. He also discusses the role of international finance and the impact of foreign investments on the UK's financial system.Overall, The System of National Finance is a comprehensive guide to the financial system of the UK during the early 20th century. It provides valuable insights into the workings of the financial system and how it affects the economy as a whole.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
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