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	<title>Bikibook.com &#187; US Economy</title>
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		<title>The Banking Octopus &amp; the Silver Question: An American Financial History by F.M Fogg</title>
		<link>http://bikibook.com/the-banking-octopus-the-silver-question-an-american-financial-history-by-f-m-fogg-1355.html</link>
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		<pubDate>Mon, 19 Apr 2010 04:17:57 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[US Economy]]></category>
		<category><![CDATA[Bank Failures]]></category>
		<category><![CDATA[Banking]]></category>
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		<description><![CDATA[INTRODUCTION This little story, based on fact, represents, though feebly, the relation that exists between the producing classes and the banks of America. The courts, lawyers, and constabulary hold the same relation to the banks they do to the robbers above mentioned. The banks are the great disbursing agencies of the government, and the principal source from which the people obtain loans and discounts. Such being the case they have the power to contract and expand the currency of the nation at will. Any refusal on their part to extend loans to the people or any general refusal to discount notes will produce a general financial panic like the present one (1893), or the dozen or more former ones which have occurred in our nation&#8217;s history. Please Activate the Full Screen Mode for Better Viewing Pleasure (2nd button from the left) LINK http://bikibook.com/books/the-banking-octopus-and-the-silver-question-an-american-financial-history/ EMBED Related posts:An Analysis and History of the Currency Question by T. Joplin People frequently act in haste, and repent at leisure. In... A Financial Chapter in the History of Bombay City In 1897 the Editor of the Advocate of India invited... Money and Banking Illustrated by American History PREFACE DURING the past three years a marked [...]


Related posts:<ol><li><a href='http://bikibook.com/an-analysis-and-history-of-the-currency-question-by-t-joplin-817.html' rel='bookmark' title='Permanent Link: An Analysis and History of the Currency Question by T. Joplin'>An Analysis and History of the Currency Question by T. Joplin</a> <small>People frequently act in haste, and repent at leisure. In...</small></li>
<li><a href='http://bikibook.com/a-financial-chapter-in-the-history-of-bombay-city-1406.html' rel='bookmark' title='Permanent Link: A Financial Chapter in the History of Bombay City'>A Financial Chapter in the History of Bombay City</a> <small>In 1897 the Editor of the Advocate of India invited...</small></li>
<li><a href='http://bikibook.com/money-and-banking-illustrated-by-american-history-1240.html' rel='bookmark' title='Permanent Link: Money and Banking Illustrated by American History'>Money and Banking Illustrated by American History</a> <small>PREFACE DURING the past three years a marked change in...</small></li>
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		<title>The Banking &amp; Currency Problem in the United States by Victor Morawetz</title>
		<link>http://bikibook.com/the-banking-currency-problem-in-the-united-states-by-victor-morawetz-1351.html</link>
		<comments>http://bikibook.com/the-banking-currency-problem-in-the-united-states-by-victor-morawetz-1351.html#comments</comments>
		<pubDate>Mon, 19 Apr 2010 03:44:08 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[US Economy]]></category>
		<category><![CDATA[Bank Failures]]></category>
		<category><![CDATA[Banking]]></category>
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		<guid isPermaLink="false">http://bikibook.com/?p=1351</guid>
		<description><![CDATA[THE PROBLEM For many years the country has suffered from recurring periods of severe financial stringency. During these periods interest rates have been excessively high, and business men have lost heavily through inability to obtain necessary loans and discounts from the banks. At times wide-spread panic and general suspension of payments by the banks have resulted from runs upon a few banks by their depositors. Only recently we have emerged from a disastrous panic which forced the suspension of nearly all the banks, and, by the destruction of confidence and credit, arrested business activity throughout the country and caused vast losses to the people. This panic brought to a violent close a period of unprecedented prosperity, in which manufacturers and merchants had not unduly expanded their obligations for the purpose of carrying unsold stocks of goods. On the contrary, production had been barely able to keep pace with demand for the products of industry. Such extraordinary financial disturbances do not occur in other civilized countries. They indicate that something is seriously wrong with the system of banking and currency in the United States. The National Monetary Commission was created for the purpose of devising a remedy that will prevent similar [...]


Related posts:<ol><li><a href='http://bikibook.com/an-analysis-of-the-banking-and-currency-system-of-the-united-states-indicating-the-cause-of-periodic-panics-and-suggesting-a-remedy-by-chas-w-disbrow-85.html' rel='bookmark' title='Permanent Link: An Analysis of the Banking and Currency System of the United States Indicating the Cause of Periodic Panics and Suggesting A Remedy by Chas W Disbrow'>An Analysis of the Banking and Currency System of the United States Indicating the Cause of Periodic Panics and Suggesting A Remedy by Chas W Disbrow</a> <small>&#8230;.INTRODUCTION&#8230;. This pamphlet is designed to show that the periodic...</small></li>
<li><a href='http://bikibook.com/essays-on-banking-reform-in-the-united-states-by-paul-m-warburg-1139.html' rel='bookmark' title='Permanent Link: Essays On Banking Reform In The  United States by Paul M. Warburg'>Essays On Banking Reform In The  United States by Paul M. Warburg</a> <small>EDITOR&#8217;S NOTE THE essays collected in this volume originally appeared...</small></li>
<li><a href='http://bikibook.com/banking-reform-in-the-united-states-a-series-of-proposals-including-a-central-bank-of-limited-scope-1422.html' rel='bookmark' title='Permanent Link: Banking Reform in the United States &#8211; a Series of Proposals, including a Central Bank of limited scope'>Banking Reform in the United States &#8211; a Series of Proposals, including a Central Bank of limited scope</a> <small>THE four article in this volume were published in the...</small></li>
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		<title>All Classes Productive of National Wealth</title>
		<link>http://bikibook.com/all-classes-productive-of-national-wealth-705.html</link>
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		<pubDate>Thu, 18 Feb 2010 09:31:06 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[US Economy]]></category>
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		<category><![CDATA[hard times]]></category>
		<category><![CDATA[hardship]]></category>
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		<guid isPermaLink="false">http://bikibook.com/?p=705</guid>
		<description><![CDATA[We should be apt to imagine, that, if any doctrine were thoroughly settled among mankind, it would be that respecting the production of wealth by the various classes. As circulators, men of every class have been, in all ages, employed in the pursuit of it, as the source of income, or the means of procuring not only comforts and luxuries, but even mere subsistence. Constantly and intensely employed, as they have been in acquiring it; and aware of what it will do for them, in proportion to the amount they succeed in acquiring; it seems reasonable to expect that most persons, of any reflection at all would have attained a thorough knowledge of, all this leading facts respecting it, its increase or decrease, and the causes operating in both. And what is the actual result? That in no question is there more difference of opinion: nothing seems absolutely, settled or certain. To this hour, the grand fundamental question, on which the whole science of statistics must more or less depend, whether all classes be productive or whether some be unproductive, has no been determined. Please Activate the Full Screen Mode for Better Viewing Pleasure (2nd button from the left) LINK [...]


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		<title>A Hundred Years of American Commerce Vol 1</title>
		<link>http://bikibook.com/a-hundred-years-of-american-commerce-vol-1-695.html</link>
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		<pubDate>Thu, 18 Feb 2010 08:26:06 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Economics]]></category>
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		<category><![CDATA[commerce]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[selling]]></category>
		<category><![CDATA[trading]]></category>

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		<description><![CDATA[ONE HUNDRED YEARS OF AMERICAN COMMERCE CONSISTING OF ONE HUNDRED ORIGINAL ARTICLES ON COMMERCIAL TOPICS DESCRIBING THE PRACTICAL DEVELOPMENT OF THE VARIOUS BRANCHES OF TRADE IN THE UNITED STATES WITHIN THE PAST CENTURY AND SHOWING THE PRESENT MAGNITUDE OF OUR FINANCIAL AND COMMERCIAL INSTITUTIONS WITH A CHRONOLOGICAL TABLE OF THE IMPORTANT EVENTS OF AMERICAN COMMERCE AND INVENTION WITHIN THE PAST ONE HUNDRED YEARS Please Activate the Full Screen Mode for Better Viewing Pleasure (2nd button from the left) LINK http://bikibook.com/books/a-hundred-years-of-american-commerce-vol-1/ EMBED Related posts:A Hundred Years of American Commerce Vol 2 ONE HUNDRED YEARS OF AMERICAN COMMERCE CONSISTING OF ONE HUNDRED... 1816-1916, One Hundred Years of Savings Banking Preface THE complexities of modern economic and social life induce... Lectures on Commerce PREFACE Higher commercial education has evidently gained a place in...


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<li><a href='http://bikibook.com/1816-1916-one-hundred-years-of-savings-banking-1280.html' rel='bookmark' title='Permanent Link: 1816-1916, One Hundred Years of Savings Banking'>1816-1916, One Hundred Years of Savings Banking</a> <small>Preface THE complexities of modern economic and social life induce...</small></li>
<li><a href='http://bikibook.com/lectures-on-commerce-1513.html' rel='bookmark' title='Permanent Link: Lectures on Commerce'>Lectures on Commerce</a> <small>PREFACE Higher commercial education has evidently gained a place in...</small></li>
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		<title>Once Upon A Dime Comic Book- Federal Reserve Bank of New York</title>
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		<pubDate>Tue, 09 Feb 2010 01:13:33 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
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		<description><![CDATA[Federal Reserve Bank of New York Presents a fable about the island kingdom of Mazuma and the growth of its economy from barter to a sophisticated modern system, with its own central bank, to illustrate basic concepts of barter, money, banking, and inflation. Please Activate the Full Screen Mode for Better Viewing Pleasure (2nd button from the left)


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<li><a href='http://bikibook.com/a-study-on-the-central-bank-of-japan-by-itsuo-hamaoka-490.html' rel='bookmark' title='Permanent Link: A Study on the Central Bank of Japan by Itsuo Hamaoka'>A Study on the Central Bank of Japan by Itsuo Hamaoka</a> <small>INTRODUCTORY NOTE BY THE AUTHOR The attention of the people...</small></li>
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		<title>A Fraudulent Standard by Arthur Kitson</title>
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		<pubDate>Sat, 12 Dec 2009 20:16:42 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
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		<description><![CDATA[PREFACE The idea expressed and the conclusions arrived at in this work, are the result of many years of careful thought and study, coupled with practical and varied experience of a very busy in connection with industrial, commercial, and financial affairs, both here and abroad. It is now nearly a quarter of a century, since I first called attention in my book entitled A Scientific Solution of the Money Question (published in 1894 by the Arena Co., Boston, U.S.A.) to the fraudulent character of the so-called &#8220;Gold Standard of Value,&#8221; and to the impossibility of any commodity functioning in its commodity city, as either a just measure or an honest expression of Exchange- values. I endeavoured at same time, to point out a method, by which an invariable monetary unit might be established and maintained : viz by definitely fixing the purchasing power of gold or of any other commodity in relation to wealth generally with reference to time and place, just as the unit of length is fixed by temperature and pressure, and the unit of altitude and atmospheric conditions. I showed how most of our financial authorities had confused themselves and their readers, by confounding money with the [...]


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<li><a href='http://bikibook.com/an-inquiry-into-the-causes-and-modes-of-the-wealth-of-individuals-or-the-principles-of-trade-and-speculation-502.html' rel='bookmark' title='Permanent Link: An Inquiry Into The Causes and Modes of the Wealth of Individuals, or, The Principles of Trade and Speculation'>An Inquiry Into The Causes and Modes of the Wealth of Individuals, or, The Principles of Trade and Speculation</a> <small>INTRODUCTION. POLITICAL ECONOMY is the science which treats of general...</small></li>
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		<title>Cause and Cure of Hard Times</title>
		<link>http://bikibook.com/cause-and-cure-of-hard-times-77.html</link>
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		<pubDate>Sun, 24 May 2009 04:59:34 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
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		<description><![CDATA[PREVIEW It is an essential part of the case of the silver men that the country is having “hard times.” The bolters from the Republican convention say, in their manifesto: “Discontent and distress prevail to an extent never before known in the history of the country.” This is an historical assertion. It is distinctly untrue. There is no such discontent and distress as there was in 1819, or in 1840, or in 1875, to say nothing of other periods. The writers did not know the facts of the history, and they made use of what is nowadays a mere figure of speech. People who want to say that a social phenomenon is big, and who do not know what has been before, say that it is unparalleled in history. There has been an advancing paralysis of enterprise and arrest of credit ever since the Sherman act of 1890 was passed. The bolters say that “No reason can be found for such an unhappy condition of things save in a vicious monetary system.” The reason for it has been that the cumulative effect of the silver legislation was steadily advancing to a crisis. The efforts by which the effects of that [...]


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