Victorian Insolvency: Bankruptcy, Imprisonment for Debt, and Company Winding-up in Nineteenth…

Hardcover | April 30, 1999

byV. Markham Lester

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This is the first legal and financial history of bankruptcy in nineteenth-century England. V. Markham Lester offers a full statistical analysis and detailed account of bankruptcy, imprisonment for debt, and company winding-up, and traces the decline in the level of insolvency towards the endof the century. His scholarly and detailed analysis demonstrates the validity of the Victorians' notion that financial failure was a significant problem for English society. Dr Lester shows that random factors may have played as great a role as cyclical fluctuations in bankruptcy levels. Victorian Insolvency also adds a new and significant dimension to the debate on government growth by analysing for the first time the part the English legal system played in the growth of British government. By the end of the nineteenth century, the administration of bankrupt estates was one ofthe largest items of government expenditure. Dr Lester sets Victorian management of insolvency in the context of other nineteenth-century legal and financial reforms and assesses its role in the development of the modern British state.

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From the Publisher

This is the first legal and financial history of bankruptcy in nineteenth-century England. V. Markham Lester offers a full statistical analysis and detailed account of bankruptcy, imprisonment for debt, and company winding-up, and traces the decline in the level of insolvency towards the endof the century. His scholarly and detailed ...

From the Jacket

Victorian Insolvency explores for the first time the financial, legal, and administrative aspects of insolvency in nineteenth-century England. V. Markham Lester gives a detailed statistical analysis covering bankruptcy, imprisonment for debt, and company winding-up during the period, and traces the decline in the level of insolvency to...

V. Markham Lester is an Assistant Professor of History at Birmingham-Southern College, Alabama.
Format:HardcoverDimensions:368 pages, 8.46 × 5.51 × 0.94 inPublished:April 30, 1999Publisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:019820518X

ISBN - 13:9780198205180

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Little scholarly attention has been paid by historians to this ever present aspect of nineteenth-century economic and social life. Lester has done historians great service by rescuing insolvency from this neglect and producing a meticulously researched monograph on bankruptcy and debt.