February 26, 1797. Bank of England suspended payment of specie.

May 1, 1821. Resumed payment of notes in bullion at mint prices.

May 1, 1821. Resumed payment of notes in current coin of the realm.

July 19, 1844. Issue of notes limited in amount to £14,000,000. For all circulation above that sum bank must hold an equal amount of coin for its redemption.

October 25, 1847. Suspension of the limitation clause of 1844, and bank allowed to make extra issue.

November 25, 1857. Extra issue of bank notes to the amount of £2,000,000 allowed.

1866. Similar suspension of bank act.

Bank of England notes are legal tender everywhere in England save at the bank. No interest on deposits allowed. Has entire charge of the British national debt.