Bullion Committee of 1810

E931260

The Bullion Committee of 1810 was a British parliamentary committee established to investigate the causes of the high price of gold and the depreciation of paper currency during the Napoleonic Wars, whose report became a landmark in the development of monetary theory.

All labels observed (2)

Label Occurrences
Bullion Committee of 1810 canonical 2
Bullion Report of 1810 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf British parliamentary committee
parliamentary committee
appliesTheory bullionist doctrine
appliesToJurisdiction United Kingdom of Great Britain and Ireland
chairperson Francis Horner
concludedThat depreciation of paper money was due to over-issue of banknotes
market price of gold above the mint price indicated currency depreciation
country United Kingdom
describedAs landmark in the development of monetary theory
fieldOfWork financial history
macroeconomics
monetary theory
genre parliamentary report
hasEffect influence on British monetary policy discussions
influence on later debates on the gold standard
influence on the development of the quantity theory of money
hasMember David Ricardo
George Tierney
Henry Thornton
Nicholas Vansittart
Robert Peel
William Huskisson
hasPart Bullion Report
hasPurpose examination of the Bank of England note issue
investigation of the depreciation of paper currency
investigation of the high price of gold
historicalPeriod Napoleonic era
inception 1810
investigated Bank of England
languageOfWork English
legislativeBody House of Commons of the United Kingdom
locatedIn Parliament of the United Kingdom
mainSubject convertibility of banknotes into gold
exchange rates
gold price
monetary policy
paper money
notableWork Report of the Bullion Committee
positionHeld committee of inquiry on the Bank of England
product Bullion Report
publicationDate 1810
recommended gradual return to convertibility of Bank of England notes into gold
resumption of cash payments
significantEvent Napoleonic Wars
suspension of cash payments by the Bank of England
topic exchange rate policy
gold bullion
inflation
paper currency depreciation

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Bank Restriction Period significantEvent Bullion Committee of 1810
Bank Restriction Period significantEvent Bullion Report of 1810
linked to: Bullion Committee of 1810