Published in the midst of a heated debate over proposed reforms to the London Stock Exchange, this book provides a detailed critique of the findings of a royal commission tasked with investigating the workings of the exchange. The author argues that the commission's recommendations would do little to address the underlying problems of the stock market, and may even make them worse. This is a fascinating look at the history of one of the world's most important financial institutions. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.