International Finance
by Hartley Withers
About this book
International Finance by Hartley Withers pulls back the curtain on early 20th-century money markets, tracing how capital, banks, and the Stock Exchange shaped global finance. A classic work of nonfiction and economic history, Withers explains the machinery of money dealing: capital and its rewards, bills of exchange, the Bank of England’s role, joint-stock banks, the discount market, underwriting and loan issues, bonds and coupons, and the links between finance and trade.
Written and first published during World War I, the book offers a contemporary portrait of London as the world’s financial centre and an accessible primer on securities, investments, and banking practices that informed modern financial systems. Withers’ clear, explanatory style demystifies complex institutions while placing them in their historical and economic context, making technical topics like prospectuses, sinking funds and registered stocks intelligible to non-specialists.
Ideal for students of finance, economic historians, investors curious about the origins of today’s markets, and anyone seeking a lucid introduction to international finance, this audiobook delivers enduring insights into how money moves between nations and why the City of London mattered.
