The Bank of England

Fascinated by my new read that I picked up in London recently:

Value(s) by Mark Carney – a former governor of the Bank of England.

According to Mark, the original charter of the Bank of England (established in 1694) was to promote the public good to the benefit of the people.

Most of the original charter is repealed, but here is part of the original text available online (https://lnkd.in/gjr-nihG)

Bank of England Act 1694
1694 CHAPTER 20 5 and 6 Will and Mar

An Act for granting to theire Majesties severall Rates and Duties upon Tunnage of Shipps and Vessells and upon Beere Ale and other Liquors for secureing certaine Recompenses and Advantages in the said Act mentioned to such Persons as shall voluntarily advance the summe of Fifteene hundred thousand pounds towards the carrying on the Warr against France:

X1Wee your Majesties most dutifull and loyall Subjects the Comons assembled in Parliament for the further Supply of your Majesties extraordinary Occasions for and towards the necessary Defence of your Realmes doe humbly present your Majesties with the further Gift of the Impositions Rates and Duties herein after mentioned…