A History of Currency in the United States
A History of Currency in the United States
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In our eReader you can find the full English version of the book. Read A History of Currency in the United States Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A History of Currency in the United States
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ISrindples remain the same, however, and the obstacles could have been overcome and all questions properly solved had not political ambitions and party advantage exercised such a con- trolling influence. With the creation of the Federal Reserve Bank let us hope that we have a credit and currency system which will assure stability as to metallic money, security and flexibility as to paper currency, to the end that prices may not be subject to ruthless disturbances and interest rates be reasonabl...y uniform and equitable throughout the land.
The bimetallic theory, however logical in the days of Hamilton, 419 Digitized by Google ^ 420 A HISTORY OF CURRENCY IN THE UNITED STATES when the production of preriows metals was but small and the greater part of the civilized world preferred silver to gold, has been demonstrated to be impossible of realization withou t sub - stantially universal adoption^ which has been shown to be quite ^pos^Ie. As a practical question bimetallism has been aban- doned by all great commercial nations.
What to read after A History of Currency in the United States?
You can find similar books in the "Read Also" column, or choose other free books by Alonzo Barton Hepburn, Emily Eaton Hepburn to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
ISrindples remain the same, however, and the obstacles could have been overcome and all questions properly solved had not political ambitions and party advantage exercised such a con- trolling influence. With the creation of the Federal Reserve Bank let us hope that we have a credit and currency system which will assure stability as to metallic money, security and flexibility as to paper currency, to the end that prices may not be subject to ruthless disturbances and interest rates be reasonabl...y uniform and equitable throughout the land.
The bimetallic theory, however logical in the days of Hamilton, 419 Digitized by Google ^ 420 A HISTORY OF CURRENCY IN THE UNITED STATES when the production of preriows metals was but small and the greater part of the civilized world preferred silver to gold, has been demonstrated to be impossible of realization withou t sub - stantially universal adoption^ which has been shown to be quite ^pos^Ie. As a practical question bimetallism has been aban- doned by all great commercial nations.
What to read after A History of Currency in the United States?
You can find similar books in the "Read Also" column, or choose other free books by Alonzo Barton Hepburn, Emily Eaton Hepburn to read onlineMoreLess
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