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The City of London and International Trade 1850–1914

In: Decline and Recovery in Britain’s Overseas Trade, 1873–1914

Author

Listed:
  • Ranald Michie

Abstract

To the Victorian observer the City of London still remained closely identified with international trade, though even Henderson concentrated upon its financial aspects. However, the term — The City of London — came increasingly to refer solely to the world of finance, encompassing such diverse institutions as the Bank of England, the Stock Exchange, Lloyd’s and numerous banking insurance and investment companies. The result was that by 1938 one shipbroker, Percy Hartley, complained that: It is remarkable how some country and even suburban folk think that the City is the Stock Exchange and the Stock Exchange is the City — and the chief or indeed only occupation for City men — that is gentlemen — is stockbroking.1

Suggested Citation

  • Ranald Michie, 1993. "The City of London and International Trade 1850–1914," Palgrave Macmillan Books, in: Decline and Recovery in Britain’s Overseas Trade, 1873–1914, chapter 3, pages 21-63, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-10958-6_3
    DOI: 10.1007/978-1-349-10958-6_3
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