Herbert Someton FOXWELL (1849–1936), English economist. Corr - Lot 38

Herbert Someton FOXWELL (1849–1936), English economist. Corrected proofs, *The Monetary Situation*, 1895; 14 folios, large folio size (approx. 63x25 cm). Manuscript pages from his lecture on the monetary situation, delivered on March 27, 1895, at the National Liberal Club, annotated on the reverse: “Proof for Reprint Natl Lib. Club paper.” There are a few corrections and two handwritten additions of 9 and 3 lines, respectively: “Within a certain range, all ratios are practicable; but statistical estimates are so conflicting that there is room for difference of opinion both as to the limits of the practicable range and as to the particular ratio within these limits that is most likely to secure the great desideratum—stability in the value of money.” – “But as Herr von Kardoff has suggested, the principle of a gradual transition might be applied to a free coinage system, and the expedient of charging a varying seigniorage.”