199 Ackley, Garner, 174 Africa, 91 American Eagles, 81, 82 Anglo
Index Ackley, Garner, 174 banks Africa, 91 central, 1, 4, 35, 65, 83–4, 111, American eagles, 81, 82 122–3, 144, 148 Anglo American Corporation, 13 in Latin America, 57–9 Anglo-Boer War, 71, 84, 93 Swiss, 109, 111–13, 118–25, 127–31 Anglo-South African relations, Banque de France, 19 97–105, 105n2, 129–30 Barclays Bank, 31 Apartheid, 31 Baring Brothers panic, 50, 81 arbitrage transactions, 113 Beirut, 3 arms embargo, 130 Belle Époque, 44 Articles of Agreement, 28 bid-ask spreads, 70–1, 77–8, 80–1, 83 Asia and inventory costs, 68–9 see also China; Hong Kong gold and market power, 67–8 market bimetallic standard, 19, 20, 41 gold consumption in, 13 Boer War, 71, 84, 93 Assay Master, 90 Bolton, George, 114 August Agreement, 95–8, 105 Brazil, 10, 39–60 Australia, 35 banks in, 57–9 gold discovery in, 91 commodity regulation in, 53–5 gold reserves in, 19 economic growth in, 49, 58 gold supply in, 49 Bailey, Christopher, 40 and international debt policy, 50–2 balance of payments, 19, 21–3, monetary system of, 57–9 41, 122, 126, 160–6, 171, per capita income in, 49 173–4, 174n1 railroads in, 55–7 Bank Charter Act (1844), 92, 102 Brazilian Gold Conversion Bank of England, 3, 7, 8, 10, 19, Loan, 52–3 64–87, 90, 105, 133 Bretton Woods system, 5, 11, 22–3, bid-ask spreads, 67–71 110–11, 122, 163–4, 169–70, gold inventory strategies, 70–83 181–96 gold policy, 69–70, 74–5, 82–5, Bridge, Roy, 129 97–8, 113–15, 117 British Empire, 40 and gold prices, 70–2, 76–9, 81–2 Brown, Gordon, 27 gold reserves of, 26–7, 69, 72–5 Browne & Brind, 90 institutional features
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