A Short History of Paper-Money and Banking in the United by William M. Gouge PDF

By William M. Gouge

ISBN-10: 1144341345

ISBN-13: 9781144341341

This can be an actual copy of a booklet released ahead of 1923. this isn't an OCR'd e-book with unusual characters, brought typographical error, and jumbled phrases. This ebook could have occasional imperfections akin to lacking or blurred pages, bad photographs, errant marks, and so forth. that have been both a part of the unique artifact, or have been brought through the scanning approach. We think this paintings is culturally very important, and regardless of the imperfections, have elected to deliver it again into print as a part of our carrying on with dedication to the upkeep of published works around the world. We savor your knowing of the imperfections within the renovation procedure, and wish you get pleasure from this priceless ebook.

Show description

Read Online or Download A Short History of Paper-Money and Banking in the United States: Including an Account of Provincial and Continental Paper-Money. to Which Is Prefixed, an Inquiry Into the Principles of the System PDF

Best banks & banking books

Classics and Moderns in Economics, by Peter Groenewegen PDF

Peter Groenewegen's popularity as a Chronicler of the background of economics is exceptional. construction on his revered assortment on eighteenth century economics, this new e-book makes a speciality of the 19th and early 20th centuries, reprinting essays on classical and smooth economics. a number of essays have by no means been formerly released whereas many are tricky to entry having been written around the Nineteen Seventies, Eighties and Nineteen Nineties.

Download PDF by Alan D. Morrison, William J. Wilhelm Jr.: Investment Banking: Institutions, Politics, and Law

Funding Banking: associations, Politics, and legislation offers an monetary intent for the dominant position of funding banks within the capital markets, and makes use of it to provide an explanation for either the historic evolution of the funding banking and in addition contemporary adjustments to its association. even if funding judgements depend on price-relevant details, it's very unlikely to set up estate rights over it and for this reason it's very challenging to coordinate its alternate.

Niklaus Blattner, Hans Genberg, Alexander Swoboda's Banking in Switzerland PDF

Oliver Landmann not anyone has to be confident of the significance of banking for the Swiss economic system. The monetary area grew good above typical long ago decade and now bills for nearly 10 % of GDP. in comparison to the economy-wide usual, it creates greater than double as a lot worth extra in step with worker and it's a significant contributor to Swiss ex­ port sales.

Download PDF by Robert Wright, Richard Sylla, Charles Royce: Genealogy of American finance

During this particular, well-illustrated ebook, readers find out how fifty monetary firms got here to dominate the U. S. banking process and their influence at the nation's political, social, and monetary progress. a narrative that spans greater than centuries of conflict, problem, and chance, this account reminds readers that American banking used to be by no means a hard and fast firm yet has developed in tandem with the rustic.

Additional info for A Short History of Paper-Money and Banking in the United States: Including an Account of Provincial and Continental Paper-Money. to Which Is Prefixed, an Inquiry Into the Principles of the System

Example text

But when the annual supply was most abundant, it was only in the proportion of one and a quarter per cent. tt) the stock on hand, and when it was lowest it had fallen only to three-fifths of one per cent. The ordinary supply of gold and silver does not exc~ed one hundredth part of the stock on hand, while the annual supply of agricultural products always exceeds, and that of manufactures often equals, the stock on hand. The demand for the precious metals may be measured by the whole amount of other commodities in the market of the world, and the whole amount of Jabor.

An increase of these three kinds of commercial medium may have the same effect on prices as an increase of money. Where the spirit of speculation is excited, men, 20 OF BARTER, &c. after having exhausted their cash means, strain their credit. Cash and credit are then competitors in the market, and raise prices on one another. In the year 1825, a year of great speculation, the amount of bills of exchange, negotiated in England, was, according to the returns to Parliament, 600 millions sterling. Supposing one-eighth of these in circulation at the same time, this branch of the commercial medium of England amounted in that year to 75,000,000 pounds.

In the same debate Lord King remarked, that" those persons who considered paper money as an excellent thing to be established in a country, he was disposed to view as heretics. He had no hesitation in saying that the su.. perstition attached to paper money was idolatrous in the xii PREFACE. highest degree. " The opinions of such men as Mr. Huskisson, Mr. Grant, Lord King, Lord Liverpool, and the Duke of Wellington, are, on such a subject as this, entitled to the respectful attention of every candid American.

Download PDF sample

A Short History of Paper-Money and Banking in the United States: Including an Account of Provincial and Continental Paper-Money. to Which Is Prefixed, an Inquiry Into the Principles of the System by William M. Gouge


by Charles
4.1

Rated 4.54 of 5 – based on 36 votes