Thomas Attwood

(1783—1856) politician and currency theorist

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Banker, currency reformer, and founder of the Birmingham Political Union, Attwood argued that the economic ills of the nation were caused by hard money, and that the cure lay in an abundant supply of paper currency. Although now remembered chiefly for his support of parliamentary reform, he saw this as secondary to the need for a change in monetary policy. Attwood regarded himself as representing the Birmingham ‘industrious’ classes, meaning businessmen, masters, and skilled workers. He was returned for Birmingham in the reformed Parliament of 1832 and wrote continuously on monetary reform until 1847.

Subjects: Economics — British History.

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