[Rarebooks] fa: THE CASE of the BANKERS and THEIR CREDITORS STATED and EXAMINED - 1674

[Ardwight Chamberlain]

Listed now, auction ending MONDAY, June 17. More details and images can be found at the URL below or by searching under the seller name arch_in_la.

http://tinyurl.com/ke7qazy

Thanks,
Ardwight Chamberlain
L.A.

[Thomas Turner:] The Case of the Bankers and their Creditors. Stated and Examined; By the Rules of Lawes, Policy, and common Reason, as it was inclosed in a Letter to a Friend. By a true Lover of his King and Country and a Sufferer for Loyalty. [London: s.n.], Printed in the year, 1674. FIRST EDITION. Small 4to (20 cm) in modern marbled wraps; unpaginated [44 pp.], signatures A-E⁴ F²; woodcut decorations and initials. Wing T3335; ESTC R23756. The bottom 1/3 of the title-page, including the imprint, provided in facsimile; some bumping and occasional soiling to the edges; mild toning and offsetting to the leaves; otherwise sound and complete.

Issued in the wake of Charles II's decree known as "the Great Stop of the Exchequer," whereby he essentially repudiated the crown's debts in response to the credit crisis arising from his ill-considered Third Anglo-Dutch War, the pamphlet is a treatise on the roles of bankers, creditors and debt in English commerce. The author, purportedly a relation of one of the bankers affected by the Great Stop, argues forcefully for the reopening of the Exchequer and an end to a crisis that has resulted in "the Ruine of Orphans and Widows, and several, even those who with unwearied constancy resisted unto blood, and loss of whatsoever was dear unto them in defence of the Crown of England." Includes the king's proclamation of 18 June 1667.