Laissez-Faire and State Intervention in Nineteenth-Century Britain.

1973 ◽  
Vol 26 (3) ◽  
pp. 537
Author(s):  
Norman McCord ◽  
Arthur J. Taylor
Keyword(s):  
Nineteenth Century ◽  
State Intervention ◽  
Laissez Faire

State Intervention in Mid-Nineteenth Century Britain: Fact or Fiction?

1983 ◽  
Vol 23 (1) ◽  
pp. 63-83 ◽  
Author(s):  
P.W.J. Bartrip
Keyword(s):  
Nineteenth Century ◽  
Public Opinion ◽  
State Intervention ◽  
State Regulation ◽  
Individual Freedom ◽  
The Third ◽  
The People ◽  
Victorian Period ◽  
Government Interference ◽  
Laissez Faire

The question of the degree of state intervention in nineteenth-century Britain has interested generations of scholars since the beginning of the present century. Did mid-nineteenth century England constitute an “age of laissez-faire” which gave way to an “age of collectivism,” or did an “age of mercantalism” merge into one of state regulation during which process, even in the early and mid-Victorian period, the state exercised considerable control over the day-to-day lives of its citizens? These are two of the questions over which there has been extended debate.The term laissez-faire has been employed in a variety of ways by different writers, by no means all of whom have troubled to define their understanding of the expression. Recently Professor Perkin has argued that during the nineteenth century two distinct meanings were attributed to it (and seven to the related, though antithetical, concept, collectivism!). For the purposes of this paper the term is taken to mean the philosophy, policy and, above all, the practice of minimal government interference in the economy.The most influential case for an “age of laissez-faire” was presented by Dicey in Law and Public Opinion. In this Dicey identified three overlapping legislative phases: Quiescence (1800-1830), Individualism (1825-1870), and Collectivism (1865-1900). The first consisted of an absence of legislation, the second of “constant” parliamentary activity to abolish restraints on individual freedom and the third of state intervention “for the purpose of conferring benefit upon the mass of the people” at the expense of some loss of individual freedom.

The rise of financial accountability in British joint stock banks: 1825 to 1845

2020 ◽  
Vol 27 (2) ◽  
pp. 234-255
Author(s):  
Chantal S. Game ◽  
Lisa M. Cullen ◽  
Alistair M. Brown
Keyword(s):  
Nineteenth Century ◽  
Financial Crises ◽  
Balance Sheet ◽  
State Intervention ◽  
Mandatory Disclosure ◽  
Financial Accountability ◽  
Bank Of England ◽  
Laissez Faire ◽  
Bank Notes

This study explores parliamentary reforms related to the financial accountability of banks following the 1825–6 and 1836–7 financial crises in England. An appraisal of nineteenth-century parliamentary Hansard transcripts reveals early banking legislative pursuits. The study observes the laissez-faire and interventionist approaches towards the banking enactments of 1826, 1833 and 1844 that underpin the transformation of financial accountability during this era. The Bank Notes Act 1826 imposed financial accountability on the Bank of England by requiring the mandatory disclosure of notes issued. The Bank Notes Act 1833 extended this requirement to all other banks. The Bank Charter Act 1833 increased the financial accountability of the Bank of England by requiring it to provide an account of bullion and securities belonging to the governor and company, as well as deposits held by the bank. Thereafter, the Joint Stock Banks Act 1844 pioneered the regular publication of assets and liabilities and communication of the balance sheet and profit and loss account to shareholders. State intervention in the financial accountability of banks during the period from 1825 to 1845 appears to have been cumulative.

scholarly journals The British Prohibitionists 1853–1872

1970 ◽  
Vol 15 (3) ◽  
pp. 375-467 ◽  
Author(s):  
Brian Harrison
Keyword(s):  
Nineteenth Century ◽  
State Intervention ◽  
Fundamental Principle ◽  
The State ◽  
Laissez Faire

In his famous study of attitudes to the state in nineteenth-century England, Dicey described the period 1825–70 as “the period of Benthamism or Individualism”. Evangelicalism and Benthamism, he argued later, “represented the development in widely different spheres of the same fundamental principle, namely, the principle of individualism”. Only later did laissez faire fall into eclipse: “somewhere between 1868 and 1900 … changes took place which brought into prominence the authoritative side of Benthamite liberalism.” Dicey's interpretation has come under sustained attack during the last twenty years, and historians now pay more attention to the continuing momentum of state intervention from the 1830s, and to the collectivist aspect of Bentham's teaching. Yet Dicey's critics have ignored a movement which in some ways lends more support to their case than any other mid-Victorian development, and which draws attention to hitherto unappreciated virtues and defects of Dicey's account.

‘Laissez-faire’ or Active Intervention? The Nature of the British and Foreign Bible Society's Patronage of the Translation of the Chinese Union Versions

2010 ◽  
Vol 20 (2) ◽  
pp. 167-190 ◽  
Author(s):  
GEORGE KAM WAH MAK
Keyword(s):  
Nineteenth Century ◽  
New Testament ◽  
Financial Support ◽  
Controlling Factor ◽  
Greek Text ◽  
Bible Translation ◽  
Active Intervention ◽  
Protestant Churches ◽  
Ideological Influence ◽  
Laissez Faire

AbstractThis paper investigates the nature of the British and Foreign Bible Society's (BFBS) patronage of the translation of the Chinese Union Versions (CUVs), the largest Chinese Protestant Bible translation project initiated by the western Protestant churches in the nineteenth century. Drawing on André Lefevere's concept of patronage, it delves into how the BFBS served as a controlling factor of the translation of the CUV by examining the BFBS's financial support to the translation project, conferment of honorary titles to the translators and ideological influence on the translators’ choice of Greek text as the basis for the CUVs New Testament translation.

Sign in / Sign up

Export Citation Format

Share Document