Poor Employment Act 1817

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The Poor Employment Act 1817 (officially the Public Works Loans Act 1817), 57 Geo III was an act passed by the Parliament of the United Kingdom.

The act was passed in order "to authorise the issue of Exchequer Bills and the Advance of Money out of the Consolidated Fund, to a limited Amount, for the carrying on of Public Works and Fisheries in the United Kingdom and Employment of the Poor in Great Britain".[1]

Under the act, the Exchequer Bill Loan Commission was set up to help finance public work projects that would generate employment.

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References[edit]

  1. ^ Flinn, M. W. (1 January 1961). "The Poor Employment Act of 1817". The Economic History Review. 14 (1): 82–92. doi:10.2307/2591355. JSTOR 2591355.