Lower Our Standard Never
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In our eReader you can find the full English version of the book. Read Lower Our Standard Never 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 Lower Our Standard Never
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From free comments on the part of members on every hand during the convention, one could draw no other conclusion than that the perpetuation of place and power for the insiders rose higher than weighty matters of groat import to the nation. The wire pulling could almost out-Tammany Tammany. It did not cease after the convention adjourned, but packed a currency committee which brought forth what consistently can be called a wild cat currency plan that Congress would not swallow. Perhaps the memb...ers of Congress had been listening to the ground-swell against the heresy of an unsecured currency. Perhaps they had been reading the history of the distressing results of the issue of credit or asset currency by banks generally during the 18th and even pasr the middle of the 19th cen- tury, the issue of which seemed somewhat excusable as the best known sub- stitute for the beads, skins, bullocks, etc. , of earlier days, and further, be- cause of lack of coin as a medium of exchange and apparent necessity to issue credit currency to supply fictitious capital in the absence of deposits which represent actual surplus capital.
What to read after Lower Our Standard Never?
You can find similar books in the "Read Also" column, or choose other free books by Andrew Jay Frame to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
From free comments on the part of members on every hand during the convention, one could draw no other conclusion than that the perpetuation of place and power for the insiders rose higher than weighty matters of groat import to the nation. The wire pulling could almost out-Tammany Tammany. It did not cease after the convention adjourned, but packed a currency committee which brought forth what consistently can be called a wild cat currency plan that Congress would not swallow. Perhaps the memb...ers of Congress had been listening to the ground-swell against the heresy of an unsecured currency. Perhaps they had been reading the history of the distressing results of the issue of credit or asset currency by banks generally during the 18th and even pasr the middle of the 19th cen- tury, the issue of which seemed somewhat excusable as the best known sub- stitute for the beads, skins, bullocks, etc. , of earlier days, and further, be- cause of lack of coin as a medium of exchange and apparent necessity to issue credit currency to supply fictitious capital in the absence of deposits which represent actual surplus capital.
What to read after Lower Our Standard Never?
You can find similar books in the "Read Also" column, or choose other free books by Andrew Jay Frame to read onlineMoreLess
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