A Sovereign Remedy
Wall Art and Photo Gifts from Mary Evans Picture Library
A Sovereign Remedy
John Bull holds the hand of a rather unhealthy looking pound note in a satirical illustration which alludes to the falling value of sterling against the dollar in 1920
Mary Evans Picture Library makes available wonderful images created for people to enjoy over the centuries
Media ID 4425637
© Mary Evans Picture Library 2015 - https://copyrighthub.org/s0/hub1/creation/maryevans/MaryEvansPictureID/10267621
Bull Currency Dollar Earnshaw Exchange Falling Feet Finance Finances Financial Harold Money Poorly Pound Pounds Rate Remedy Satirical Soaking Sterling Unwell Weak Devaluation
EDITORS COMMENTS
A Sovereign Remedy: John Bull Offers a Hand to a Sickly Pound Note in the Wake of Sterling's Falling Value against the Dollar (1920) This satirical illustration, titled "A Sovereign Remedy," depicts a disheveled and unwell-looking pound note being supported by the iconic British figure John Bull as they stand at the edge of a bath filled with dollar notes. The image is a poignant commentary on the devaluation of the British pound against the US dollar in the aftermath of World War I. John Bull, a symbol of British national identity, is shown with a concerned expression as he holds the pound note's feeble hand. The pound note, with its once proud and regal appearance now weakened, is depicted as in need of a "sovereign remedy" to restore its strength. The bath, filled with an abundance of dollar notes, symbolizes the US dollar's dominance in the global financial markets at the time. The exchange rate between the British pound and the US dollar had been on a downward trend since the end of the war, with the pound losing significant value against the dollar. The causes of this devaluation were multifaceted, including the country's heavy war debt, inflation, and the disruption of global trade. This illustration, created by Harold Evans in 1920, serves as a historical reminder of the economic challenges faced by Britain during the early 20th century and the impact of currency devaluation on national pride and identity. The image also underscores the importance of a strong and stable currency in maintaining a country's economic and financial well-being.
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