トレンズの『トゥック宛て書簡』(1840年)

概要

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Robert Torrens, as the author of Letter to Melbourne(1837) which included the first printed proposal of separation of the Bank of England into two departments and Letter to Thomas Tooke(1840), has emerged asone of main figures of the Currency School in 19 th century Britain. But there was a theoretically big difference between Torrens and Overstone, the leader of the school, in definition of money. Torrens thought deposits`perform the functions of money just as effectually as the coin and bank notes actually in circulation'(Letter to Merbourne). Overstone was different at this point from Torrens and was rather the same with Tooke in distinguish them. In 1837-1840 Torrens intended to be in Overstone's group and make the Currency School with him but Overstone could not accept Torrens as a member of his group because of the difference in the theory of money.