KEYNES, John Maynard. A Tract on Monetary Reform. Macmillan. 1923.
8vo. Original blue cloth, spine lettered in gilt; a very nice, clean copy.
First edition of this work which contains the author's controversial attack on the Gold Standard.
Pasted in at the front is a compliment slip from the Governor of the Bank of England, dated 12th December, 1923, inscribed in ink, "W.H. Clegg, S. African Reserve Bank, Pretoria." The Governor at this time was Sir Montagu Norman. The recipient, William Henry Clegg, started his career as a clerk at the Craven Bank in Nelson, Lancashire, before joining the Bank of England in 1886. He rose to the position of Chief Accountant at the Bank and in 1920 was appointed first Governor of the South African Reserve Bank where he served two full terms of five years, plus an additional year. On returning to England he was appointed an Executive Director on the Court of Directors of the Bank of England. In 1935 he was awarded the King's Silver Jubilee Medal. There are some pencil markings in the text of this copy which we assume are in Clegg's hand.