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Front Page arrow Titles (by Subject) arrow MR. WESTERN'S MOTION RESPECTING THE ALTERED STATE OF THE CURRENCY 10 July 1822 - The Works and Correspondence of David Ricardo, Vol. 5 Speeches and Evidence

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MR. WESTERN’S MOTION RESPECTING THE ALTERED STATE OF THE CURRENCY 10 July 1822 - David Ricardo, The Works and Correspondence of David Ricardo, Vol. 5 Speeches and Evidence [1819]

Edition used:

The Works and Correspondence of David Ricardo, ed. Piero Sraffa with the Collaboration of M.H. Dobb (Indianapolis: Liberty Fund, 2005). Vol. 5 Speeches and Evidence 1815-1823.

Part of: The Works and Correspondence of David Ricardo, 11 vols (Sraffa ed.)

About Liberty Fund:

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MR. WESTERN’S MOTION RESPECTING THE ALTERED STATE OF THE CURRENCY
10 July 1822

Mr. Western, pursuant to notice, introduced his resolutions on the state of the currency; but, several members being absent, he proposed to move the first seventeen now, without debate, and to bring forward the last one on a future day.

Mr. Ricardo said, he could not agree to any of the resolutions in their present form; several of them contained mistakes in fact, and all of them were pervaded by an erroneous principle.2

Mr. Huskisson strongly objected to the postponement of the discussion. Mr. Western then proceeded with his motion.

[The text of Western’s Resolutions given below is taken from Ricardo’s copy of the original parliamentary paper, which was annotated by him apparently for use while speaking, and which is preserved among his papers; Ricardo’s underlinings and the marginal comments written on this copy are also reproduced.1 ]

[2 ]The Times’s report adds: ‘It had been his intention to have pointed some of them out, but if the debate were again deferred, he feared that he should not be able to attend.’ Ricardo was leaving for the continent on 12 July.

[1 ]There is also among Ricardo’s papers a printed proof of an earlier and somewhat different version of Western’s resolutions, with Ricardo’s comments jotted upon it, some of which are given in the footnotes below.