An American System of Finance: a Brief Consideration of the Currency Question
An American System of Finance: a Brief Consideration of the Currency Question
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In our eReader you can find the full English version of the book. Read An American System of Finance: a Brief Consideration of the Currency Question 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 An American System of Finance: a Brief Consideration of the Currency Question
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To quickly assess the difficulty of the text, read a short excerpt:
There is another respect in which the cur- rency supply may be likened to the water- supply of a great city.
In fonuer times a city could not have a water-works unless there was a hill near by upon which a great reservoir could be con- structed, and the pressure regulated by grav- ity. After a time, machinery which pumped directly into the pipes was invented, and there was a gauge which indicated the pres- sure of the water. It was found, however that the engineer in charge might be careless, o...r his judgment might be defective, and that as long as human judgment was depended upon to regulate the supply of water, serious mistakes were constantly occuring. Then one of the great engineers of this century con ceivcd the idea of an automatic attachment which would made the water regulate itself, and that with a perfection which no human skill could ever rival.
SCIENCE MASTERS THE PROBLEM.
It is not more difficult to solve the prob- lem of a currency supply than it was to solve the problem of a water supply for our cities.
What to read after An American System of Finance: a Brief Consideration of the Currency Question?
You can find similar books in the "Read Also" column, or choose other free books by John Brisben Walker to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
There is another respect in which the cur- rency supply may be likened to the water- supply of a great city.
In fonuer times a city could not have a water-works unless there was a hill near by upon which a great reservoir could be con- structed, and the pressure regulated by grav- ity. After a time, machinery which pumped directly into the pipes was invented, and there was a gauge which indicated the pres- sure of the water. It was found, however that the engineer in charge might be careless, o...r his judgment might be defective, and that as long as human judgment was depended upon to regulate the supply of water, serious mistakes were constantly occuring. Then one of the great engineers of this century con ceivcd the idea of an automatic attachment which would made the water regulate itself, and that with a perfection which no human skill could ever rival.
SCIENCE MASTERS THE PROBLEM.
It is not more difficult to solve the prob- lem of a currency supply than it was to solve the problem of a water supply for our cities.
What to read after An American System of Finance: a Brief Consideration of the Currency Question?
You can find similar books in the "Read Also" column, or choose other free books by John Brisben Walker to read onlineMoreLess
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