Download or read book Accounting for the Fall of Silver written by Michael Schiltz and published by Oxford University Press, USA. This book was released on 2020-10-20 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Michael Schiltz analyses the efforts by nineteenth century banking to mitigate the effects of the depreciation of silver. He shows that strategies for hedging exchange rate risk were created earlier than traditionally thought, and explores the relationship between Great-Britain and its colonies in Asia, and the rise of Japan as a financial power.