Authenticity

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Lot No :

INDIAN CURRENCY AND FINANCE


Estimate: Rs 1,75,000-Rs 2,25,000 ( $2,540-$3,265 )


NON-EXPORTABLE

TITLE: Indian currency and finance
AUTHOR: John Maynard Keynes
PUBLISHER: Macmillan and Co., Limited
PLACE: London
YEAR: 1913
EDITION: First
BINDING: Publishers original brown canvas hardcover, title in gilt on spine.
NO.OF PAGES: pp. viii + 261 pages including b & w chart showing the rate of discount at the Presidency Bank of Bengal.
SIZE:
Height: 22.4 cm
Width: 14.5 cm
Depth:2.6 cm

Typed letter signed by John Maynard Keynes, dated London, 29 July 1931. A Single sheet of stationery, measuring 17.8 x 10.5 cms, pasted on the endpapers. The letter is on Keynes' letterhead from his house at 46 Gordon Square in Bloomsbury. The letter reads in its entirety: "29th July 1931. Dear Mr Hillman, Friday is my last day in London, but I should certainly like to fit in a short talk with you if we can manage it. I suggest 5.30 on Friday afternoon at this house if that suits you. Though it is still possible that I might have to alter this later on since my engagements on Friday are not clear. Yours very truly, [signed] JM Keynes. William Hillman Esq."

This book was John Maynard Keynes' first book on India.

Between 1906 and 1908, Keynes served as a civil servant with the India Office in Whitehall. This book is the outcome of his two years at the India Office and is based on the lectures he gave at the London School of Economics in 1911. The publication of the book coincided with Keynes' appointment as the Secretary of the Royal Commission to examine Indian Finance and Currency in 1913.

"The best English work on the gold exchange standard. Though the book of 1913 contains none of those characteristic propositions of the book of 1936 [General Theory] that have been felt to be so 'revolutionary,' the general attitude is taken toward monetary phenomena and monetary policy by the Keynes of 1913 clearly foreshadowed that of the Keynes of the Treatise (1930)." (Schumpeter, "Ten Great Economists," pp. 260-91).


CONDITION:
This lot will be sold in "as is" condition.
There may be some minor tears/creases scratches, or holes commensurate with age that may not be visible in the images.

The books on sale in this auction are rare, out-of-print and otherwise collectable, dating from the 19th century onwards. The technology and material for printing and binding books have evolved over the last few centuries. From being the exclusive preserve of Clergy and Kings to an item of everyday application, the availability and use of books have also evolved over time. Books age over time and deterioration in a book's condition depends on many factors, including the original materials used and conditions of usage over time. Books will often show signs of foxing, fading, shelf-ware or dust jacket damage through usage. Prolonged storage may also cause wormhole damage or water stains.

The absence of a condition statement does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of ageing. Condition requests can be obtained via email. Any condition statement given, as a courtesy to a client, is only an opinion and should not be treated as a statement of fact. Storyltd shall have no responsibility for any error or omission.