The reader, who honours the following sheets, with an attentive perusal, may probably find, that though we have advanced, by wide steps, during « the last century, in the science of politics, we have still much to learn ; and that the summit can only be gained, by substituting accurate research, for delusive speculation,...
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PREFACE During the time I set myself the pleasurable task of investigating the early history of Child’s Bank, I had occasion to look through a vast quantity of old cheques, bills, and cash-notes, extending in time over close upon two centuries; when I observed that all drafts passing through the hands of a gold-smith or...
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My object in publishing the following Discourse has been to furnish the Students of Political Economy with a general view of the principles on which the science is founded; the distinguishing features of the most celebrated theories that have been advanced to explain its various results ; the distinction between it and Politics; the...
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THE immense accumulation of the Public Debts, and the depressed state of Public Credit, of the Revenue, and of the Funds, . at the close of the last War, together with the loss of several extensive and populous Colonies in North America, led some of the ablest and most experienced men in the Kingdom,...
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Every note presented at the Bank of England for payment must be immediately paid in gold coin ; but as it was known that the wants of the community in this country were such as to require, for the ordinary trade, from 17 to 20 million pounds of Bank of England Notes to be...
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THE ORIGIN AND PROGRESS OF BANKING. An eminent historian observes, that ” it is a cruel mortification, in searching for what is instructive in the history of past times, to find that the exploits of conquerors who have desolated the earth, and the freaks of tyrants who have rendered nations unhappy, are recorded with...
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THERE is an increasing feeling throughout the United States that there has developed in recent years a power with which the Government is unable to cope, and which is beyond the control of the public. The steps by which this power has been centred in the hands of a few men are little known...
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PREFACE IN my ” Logic for the Million,” published in the year 1851, I advised my readers, as a means of forming a habit of reasoning, to associate their reasonings with their daily avocations. I afterwards thought I might exemplify my own instructions, by selecting from my writings on Banking such extracts as might...
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WHEN Morris took office, he had eager hopes of loans from Spain. In July, 1781, he wrote a long letter to Jay to stimulate him to apply for such loan, and to provide him with arguments by which he might persuade the Spanish Minister. He proposed that the United States should help Spain to...
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PREFACE THIS book contains a biography of ROBERT MORRIS and a financial history of the period of the American Revolution. Neither of these subjects has heretofore been made the object of thorough investigation. Early in this century, two biographies of Morris were written, one by Mease, the other by Wain; and numerous short sketches...
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The recurrence at the present time of one of those visitations of commercial and financial distress of which I have, during a long life, experienced so many, has once more forced upon the consideration of Parliament and the public the interminable subject of banking and circulation. Whatever may be the variance of opinions on...
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PREFACE ONE phase — a very important one — of the activities of the Czechs and Slovaks in this country has been wholly overlooked. Statistics have been compiled showing the number, size and location of the settlements of this racial group; of its churches, schools, lodge halls, fraternal organizations, newspapers and libraries. Up to...
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INTRODUCTION In approaching the problem of the causes of the crisis of 1893, it is necessary to adopt a somewhat unusual mode of procedure, owing to the fact that in November, 1890, three years previous to the crisis of 1893, a severe financial panic was felt in Great Britain, Germany, and the United States. Such...
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INTRODUCTORY Mankind is now suffering from a raging fever, due to an ill ordered life and an overheating diet. It knows that it is going to get well again some day and in the lucid intervals of its malady it is making up its mind that this sort of thing is never going to...
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