National Banks And Government Circulation Retrospective And Prospective
National Banks And Government Circulation Retrospective And Prospective
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Meantime, and at this juncture, the writer is disposed to support the assertion made by some able and qualified 19 writers, that a circulation of $2, 000, 000, 000 would be the proper currency equipment of this country.
Turning to the question of the Government issue of silver currency, at which the National Banks ap- pear to glance askance, the writer will endeavor to make his. Views on the subject intelligible. We have obviously failed to convert the dull intelli- gences of Europe to our view...s on bi-metallism, and if we did not succeed in inducing them to monetize or remonetize silver when we had little of the coin on hand, and accordingly appeared more disin- terested than we do at the present time, and when the intrinsic value of the coin approximated to its face value, our case, it is to be feared, would not have appeared to improve in their eyes, were we to say to them now, you must remonetize silver be- cause we have so much of it on hand in coin and metal in our vaults and because our coin is only worth 74 cents on the dollar intrinsically.
What to read after National Banks And Government Circulation Retrospective And Prospective?
You can find similar books in the "Read Also" column, or choose other free books by James Selwin Tait to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Meantime, and at this juncture, the writer is disposed to support the assertion made by some able and qualified 19 writers, that a circulation of $2, 000, 000, 000 would be the proper currency equipment of this country.
Turning to the question of the Government issue of silver currency, at which the National Banks ap- pear to glance askance, the writer will endeavor to make his. Views on the subject intelligible. We have obviously failed to convert the dull intelli- gences of Europe to our view...s on bi-metallism, and if we did not succeed in inducing them to monetize or remonetize silver when we had little of the coin on hand, and accordingly appeared more disin- terested than we do at the present time, and when the intrinsic value of the coin approximated to its face value, our case, it is to be feared, would not have appeared to improve in their eyes, were we to say to them now, you must remonetize silver be- cause we have so much of it on hand in coin and metal in our vaults and because our coin is only worth 74 cents on the dollar intrinsically.
What to read after National Banks And Government Circulation Retrospective And Prospective?
You can find similar books in the "Read Also" column, or choose other free books by James Selwin Tait to read onlineMoreLess
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