The Credit of Nations
The Credit of Nations
The book The Credit of Nations was written by author Here you can read free online of The Credit of Nations book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Credit of Nations a good or bad book?
Where can I read The Credit of Nations for free?
In our eReader you can find the full English version of the book. Read The Credit of Nations 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 The Credit of Nations
In our eReader you can find the full English version of the book. Read The Credit of Nations 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 The Credit of Nations
What reading level is The Credit of Nations book?
To quickly assess the difficulty of the text, read a short excerpt:
Simon Newcomb estimated the loss up to the end of 1 864 at $1 80, 000, 000 and the loss still to be incurred as $300, 000, 000, a total of $480, 000, 000. Professor Adams's (Public Debts) estimate is $850, 000, 000, reckoning the difference between the debt created and the gold value of the currency which the Government received in return. Mr. Wesley Mitchell (Journal of Political Economy, March, 1897) put the loss at $528, 400, 000, on the supposition that the government receipts were increase...d $228, 700, 000 by the use of the greenbacks. He assumed that the receipts from internal revenue were increased to the full extent of the greenbacks, but admitted this to be doubtful.
The main features of Chase's loan policy were: (i) His endeavor to obtain moderate rates of interest. Early issues were at 7. 30 per cent, later at 7, 6, and 5 per cent. He steadily refused to borrow except on his own terms, and evinced a great aversion to the terms of the money market. This eagerness for low interest led to the blunder of substituting 5 per cent for 6 per cent bonds in 1863.
What to read after The Credit of Nations?
You can find similar books in the "Read Also" column, or choose other free books by Hirst Francis Wrigley to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Simon Newcomb estimated the loss up to the end of 1 864 at $1 80, 000, 000 and the loss still to be incurred as $300, 000, 000, a total of $480, 000, 000. Professor Adams's (Public Debts) estimate is $850, 000, 000, reckoning the difference between the debt created and the gold value of the currency which the Government received in return. Mr. Wesley Mitchell (Journal of Political Economy, March, 1897) put the loss at $528, 400, 000, on the supposition that the government receipts were increase...d $228, 700, 000 by the use of the greenbacks. He assumed that the receipts from internal revenue were increased to the full extent of the greenbacks, but admitted this to be doubtful.
The main features of Chase's loan policy were: (i) His endeavor to obtain moderate rates of interest. Early issues were at 7. 30 per cent, later at 7, 6, and 5 per cent. He steadily refused to borrow except on his own terms, and evinced a great aversion to the terms of the money market. This eagerness for low interest led to the blunder of substituting 5 per cent for 6 per cent bonds in 1863.
What to read after The Credit of Nations?
You can find similar books in the "Read Also" column, or choose other free books by Hirst Francis Wrigley to read onlineMoreLess
Read book The Credit of Nations for free
You can download books for free in various formats, such as epub, pdf, azw, mobi, txt and others on book networks site. Additionally, the entire text is available for online reading through our e-reader. Our site is not responsible for the performance of third-party products (sites).
Write Review:
Guest
Read Also
7 / 10
User Reviews: