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The Blessings of Paper Money or King a Bad Subject, published 1811 (coloured engraving)
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The Blessings of Paper Money or King a Bad Subject, published 1811 (coloured engraving)
HSC185231 The Blessings of Paper Money or King a Bad Subject, published 1811 (coloured engraving) by Cruikshank, George (1792-1878); Bank of England, London, UK; (add.info.: parliament was forced to introduce paper money, 10 January 1811 because of an escalating economic crisis brought about by the Napoleonic Wars; Napoleon stealing pot of gold; July 24 1811 Spencer Perceval Prime Minister made bank-notes legal tender; Lord Stanhopes Act); Photo eHeini Schneebeli; English, out of copyright
Media ID 22347230
© Heini Schneebeli / Bridgeman Images
Cauldron Currency Political Satire Trouble
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The Blessings of Paper Money or King a Bad Subject
EDITORS COMMENTS
is a captivating coloured engraving published in 1811 by George Cruikshank. The artwork depicts an intriguing scene that reflects the economic crisis faced by England during the Napoleonic Wars. In the foreground, we see Britannia, symbolizing Great Britain, lamenting over the troubles caused by credit and trade. She stands near a cauldron representing shortage of coins and commerce. The artist cleverly portrays Napoleon stealing a pot of gold, highlighting his role in exacerbating the financial difficulties. The central focus of the print is on July 24th, 1811 when Prime Minister Spencer Perceval made bank-notes legal tender through Lord Stanhope's Act. This significant event is represented by a mountain engulfed in flames, signifying both turmoil and transformation. Cruikshank's satirical approach shines through as he portrays debtors immersed in hot water within the cauldron. This serves as a metaphor for their dire predicament due to mounting debts. Overall, this thought-provoking engraving captures not only the challenges faced by England during this period but also highlights political satire surrounding currency and its impact on society. It serves as a reminder of how historical events can be depicted through art to convey complex ideas and critique societal issues.
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