The war and our financial fabric

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About this book

"The War and Our Financial Fabric" by Walter William Wall is a historical and economic analysis written in the early 20th century. This book examines the impact of a major war—clearly referencing the First World War—on the financial systems and banking operations of Britain, focusing particularly on issues such as banking, credit, currency, and national financial confidence. It is aimed at readers interested in monetary theory and the mechanics of banking during times of national crisis, offering insights derived from recent and unprecedented financial challenges. The opening of the book, which includes the preface and first several chapters, sets out Wall's fundamental argument that the British financial system, often criticized for resting on a supposed fragile "superstructure of credit," is in fact far more robust, being grounded in the nation's wealth and sound banking practices.