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Tables of Sterling Exchange
Reprint of the original, first published in 1857.
A History of the Small Arms Made by the Sterling Armament Company
An in-depth history of the small arms made by the Sterling Company of Dagenham, Essex, England, from 1940 until the company closed in 1989. The Lanchester and the Patchett Machine Carbines were both developed at Sterling Engineering Co Ltd during World War II. With the appearance of the earliest Patchett prototypes the military began testing them in ever more rigorous trials, wherein the Patchett kept proving its merits. This led to limited UK adoption of the MkII Patchett as the L2A1 in 1953, and the “first Sterling,” the MkII, as the L2A2 in 1955. Then came Sterling’s “Crown Jewel,” the superb Mk4, adopted as the general-issue UK “Gun, Sub-Machine, L2A3” in September, 1955. M...
The Decline of Sterling
The demise of sterling as an international currency was widely predicted after 1945, but the process took thirty years to complete. Why was this demise so prolonged? Traditional explanations emphasize British efforts to prolong sterling's role because it increased the capacity to borrow, enhanced prestige, or supported London as a centre for international finance. This book challenges this view by arguing that sterling's international role was prolonged by the weakness of the international monetary system and by collective global interest in its continuation. Using the archives of Britain's partners in Europe, the USA and the Commonwealth, Catherine Schenk shows how the UK was able to convince other governments that sterling's international role was critical for the stability of the international economy and thereby attract considerable support to manage its retreat. This revised view has important implications for current debates over the future of the US dollar as an international currency.
