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	<title>Bikibook.com &#187; Bank Failures</title>
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		<title>Bullion and Foreign Exchanges theoretically and practically considered</title>
		<link>http://bikibook.com/bullion-and-foreign-exchanges-theoretically-and-practically-considered-1425.html</link>
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		<pubDate>Fri, 21 May 2010 17:09:04 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[Bank Failures]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[banking system]]></category>
		<category><![CDATA[Currency]]></category>
		<category><![CDATA[Fiat currency]]></category>
		<category><![CDATA[fiat money]]></category>
		<category><![CDATA[financial markets]]></category>

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		<description><![CDATA[BULLION and Foreign Exchanges are subjects generally comprised among the contents of higher class books on Practical Arithmetic; though, of course, the consideration given in works of the kind to these interesting topics is necessarily only limited and superficial, at the best. There are several publications on Banking and Commercial Business which go somewhat more deeply into&#8217; the matter : among others, GiLbart&#8217;s admirable work, and Laing&#8217;s &#8216; Theory of Business ;&#8217; and there are, finally, at least three well known works specially devoted to the study of these most important subjects, — Goschen&#8217;s &#8216; Theory of the Foreign Exchanges,&#8217; Nicholson&#8217;s &#8216; Science of Exchanges,&#8217; and Tate&#8217;s &#8216; Cambist, or Manual of Exchanges. Why then, it might be asked, should the author of the present volume venture upon a field apparently already so well cultivated, which would seem to afford no legitimate opening for him? A brief glance at the nature and scope of the three last-named works will, he believes, show that, notwithstanding their confessed excellence, neither of the three can be said to fully answer and satisfy all requirements, to make it a complete and perfect guide in all matters relating to Bullion and the Foreign Exchanges ; [...]


Related posts:<ol><li><a href='http://bikibook.com/a-ready-reckoner-of-the-worlds-foreign-and-colonial-exchanges-of-seven-monetary-and-currency-intermediaries-1418.html' rel='bookmark' title='Permanent Link: A Ready Reckoner of the World&#8217;s Foreign and Colonial Exchanges of Seven Monetary and Currency Intermediaries'>A Ready Reckoner of the World&#8217;s Foreign and Colonial Exchanges of Seven Monetary and Currency Intermediaries</a> <small>PREFACE I earnestly invite the most serious attention, with unbiased...</small></li>
<li><a href='http://bikibook.com/foreign-exchange-and-foreign-bills-in-theory-and-in-practice-1462.html' rel='bookmark' title='Permanent Link: Foreign Exchange and Foreign Bills in Theory and in Practice'>Foreign Exchange and Foreign Bills in Theory and in Practice</a> <small>PREFACE The object of this work is to present in...</small></li>
<li><a href='http://bikibook.com/foreign-exchange-theory-and-practice-1471.html' rel='bookmark' title='Permanent Link: Foreign Exchange &#8211; Theory and Practice'>Foreign Exchange &#8211; Theory and Practice</a> <small>PREFACE Foreign exchange is attracting more attention than any other...</small></li>
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		<title>Banking Reform in the United States &#8211; a Series of Proposals, including a Central Bank of limited scope</title>
		<link>http://bikibook.com/banking-reform-in-the-united-states-a-series-of-proposals-including-a-central-bank-of-limited-scope-1422.html</link>
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		<pubDate>Fri, 21 May 2010 16:11:08 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[Bank Failures]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[banking system]]></category>
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		<category><![CDATA[business finance]]></category>

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		<description><![CDATA[THE four article in this volume were published in the Quarterly Journal of Economics for May 1900, February, August and November 1010. Only the first of them has been subjected to any very considerable revision. Matters which are considered more in d( tail in the subsequent papers have been omitted, corrections and additions have been made, and the tone rather than the substance has been modified. Convinced that a central bank patterned after those of Europe would not fit into our system, I drew the unqualified conclusion that a central bank would not prove a remedy for our financial ills. Further reflection led to the proposal of a central bank of limited scope which is brought forward in the final chapter. Without much change in substance the phraseology of the first paper has been modified in many places so as to make evident that its arguments apply only to central banks of the European type exercising influence primarily through their lending operations and discount policy. READ THE FULL BOOK BELOW Please Activate the Full Screen Mode for Better Viewing Pleasure (2nd button from the left) LINK http://bikibook.com/books/banking-reform-in-the-us-a-series-of-proposal/ EMBED Related posts:Essays On Banking Reform In The United States by Paul M. [...]


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<li><a href='http://bikibook.com/selected-articles-on-central-bank-in-the-us-debaters-handbook-series-495.html' rel='bookmark' title='Permanent Link: Selected Articles on Central Bank in the US &#8211; Debaters&#8217; Handbook Series'>Selected Articles on Central Bank in the US &#8211; Debaters&#8217; Handbook Series</a> <small>INTRODUCTION With the possible exception of the tariff, no one...</small></li>
<li><a href='http://bikibook.com/a-short-history-of-paper-money-and-banking-in-the-united-states-including-an-account-of-provincial-and-continental-paper-money-by-william-m-gouge-810.html' rel='bookmark' title='Permanent Link: A Short History of Paper-Money and Banking in the United States, including an account of provincial and continental paper-money by William M. Gouge'>A Short History of Paper-Money and Banking in the United States, including an account of provincial and continental paper-money by William M. Gouge</a> <small>Importance of the Subject. In an address to the stockholders...</small></li>
</ol>]]></description>
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		<title>A Financial Chapter in the History of Bombay City</title>
		<link>http://bikibook.com/a-financial-chapter-in-the-history-of-bombay-city-1406.html</link>
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		<pubDate>Tue, 18 May 2010 13:46:05 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Stock Market and Other Trading Markets]]></category>
		<category><![CDATA[World Economy]]></category>
		<category><![CDATA[Bank Failures]]></category>
		<category><![CDATA[Banking]]></category>
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		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Crash]]></category>
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		<category><![CDATA[History]]></category>
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		<description><![CDATA[In 1897 the Editor of the Advocate of India invited me to contribute to its columns a narrative of the rise, growth and collapse of that colossal speculation popularly known in Bombay as the &#8221; share mania,&#8221; a mania which in its ultimate consequences was more disastrous than either the South Sea Bubble Scheme, or the tulip mania of the eighteenth century. Having been an eye-witness to the speculation and having watched it, as an on-looker only, from within and without, I was able to respond to the invitation. My narrative was given in the form of a series of articles principally based on my personal knowledge and experience, and next from facts gleaned from authentic books, specially the now forgotten Report of the Commission which sat to inquire into the failure of the old Bank of Bombay under the presidency of the late Sir Charles Jackson. As a young man I was then being specially trained in the Bank of Bombay. The period of my probation there, and of my subsequent engagement with two financial institutions of the day, happened to be co-eval with that of the very meridian of the speculation. I had thus the opportunity of watching [...]


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<li><a href='http://bikibook.com/lessons-of-the-financial-crisis-1202.html' rel='bookmark' title='Permanent Link: Lessons of the Financial Crisis'>Lessons of the Financial Crisis</a> <small>LESSONS OF THE FINANCIAL CRISIS &#8211; THE ANNALS OF THE...</small></li>
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</ol>]]></description>
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		<title>The Principles of Banking, Its Utility and Economy; with Remarks on the Working and Management of the Bank of England by Thomson Hankey</title>
		<link>http://bikibook.com/the-principles-of-banking-its-utility-and-economy-with-remarks-on-the-working-and-management-of-the-bank-of-england-by-thomson-hankey-1396.html</link>
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		<pubDate>Mon, 19 Apr 2010 09:32:17 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[Bank Failures]]></category>
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		<description><![CDATA[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 always in circulation, the Bank was permitted to make use, at first of 14, and afterwards of 15, million pounds of its own notes by investing them in securities, so as to make interest, which interest the Bank was to retain for its own use ; and this enabled it to pay, and the nation had a claim to exact a payment, for such a privilege — this payment now amounting to nearly £200,000 a year — the profit which the nation derives from the issue of Bank of England Notes. Beyond this sum of 15 million pounds, the Bank is prohibited from issuing a single Bank Note without having an equivalent sum in gold in its vaults, and it is compelled to publish weekly an account of all the gold so held. &#8221; How absurd,&#8221; writes the Daily News, &#8221; to expect that the same [...]


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<li><a href='http://bikibook.com/the-principles-of-currency-and-banking-being-five-lectures-delivered-in-queens-college-1295.html' rel='bookmark' title='Permanent Link: The Principles of Currency and Banking &#8211; Being Five Lectures Delivered in Queen&#8217;s College'>The Principles of Currency and Banking &#8211; Being Five Lectures Delivered in Queen&#8217;s College</a> <small>PREFACE In the present edition of these Lectures I have...</small></li>
<li><a href='http://bikibook.com/an-essay-on-the-general-principles-and-present-practice-of-banking-in-with-supplementary-observations-on-the-steps-proper-to-form-a-public-bank-and-the-system-on-which-its-accounts-ought-to-be-kept-870.html' rel='bookmark' title='Permanent Link: An Essay on the General Principles and Present Practice of Banking by T JOPLIN'>An Essay on the General Principles and Present Practice of Banking by T JOPLIN</a> <small>ESSAY ON BANKING BANKS are by far the most important...</small></li>
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		<title>The Principles and Practice of Banking by William Gilbart</title>
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		<pubDate>Mon, 19 Apr 2010 07:28:05 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[Bank Failures]]></category>
		<category><![CDATA[Banking]]></category>
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		<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Gold]]></category>

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		<description><![CDATA[THE ORIGIN AND PROGRESS OF BANKING. An eminent historian observes, that &#8221; 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 minute and often disgusting accuracy, while the discovery of useful arts, and the progress of the most beneficial branches of commerce are passed over in silence, and suffered to sink into oblivion.&#8221; * This remark is strictly applicable to the origin and progress of banking. We have but little information as to what kind of banks existed in the earlier ages, or on what system they conducted their business. As most of the nations of antiquity subsisted chiefly on agriculture, they probably had little occasion for banks ; for it is only in commercial countries that these institutions have attained to any high degree of prosperity. And as even the commercial nations of antiquity were unacquainted with joint-stock companies, or commercial corporations, and had not discovered the use of paper-money or bills of exchange, the business of a banker, even among them, must have been somewhat [...]


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<li><a href='http://bikibook.com/an-essay-on-the-general-principles-and-present-practice-of-banking-in-with-supplementary-observations-on-the-steps-proper-to-form-a-public-bank-and-the-system-on-which-its-accounts-ought-to-be-kept-870.html' rel='bookmark' title='Permanent Link: An Essay on the General Principles and Present Practice of Banking by T JOPLIN'>An Essay on the General Principles and Present Practice of Banking by T JOPLIN</a> <small>ESSAY ON BANKING BANKS are by far the most important...</small></li>
<li><a href='http://bikibook.com/the-logic-of-banking-by-william-gilbart-1384.html' rel='bookmark' title='Permanent Link: The Logic Of Banking by William Gilbart'>The Logic Of Banking by William Gilbart</a> <small>PREFACE IN my &#8221; Logic for the Million,&#8221; published in...</small></li>
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		<title>The People&#8217;s Money : A Brief Analysis of the Present Position in America by John Wesley De Kay</title>
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		<pubDate>Mon, 19 Apr 2010 07:03:41 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[Personal Finance]]></category>
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		<description><![CDATA[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 or understood by the public at large, and the vast majority of the American people have no part in them, except that they are victims of a system by which they are legally robbed, and by which (if it is not stopped) they will be politically enslaved. There has been widespread inquiry, which has sought to get at the root of this hitherto undefined evil. It has been considered that the banking system in America was the basis upon which this evil was founded. There has been a vast amount of legislation for the control of banks and banking, as a means by which the great aggregations of capital in the United States might be kept within reasonable bounds. The difficulty with all of the inquiry and all of the legislation is that it has failed to measure the scope of this aggregated capital or to [...]


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<li><a href='http://bikibook.com/a-short-history-of-paper-money-and-banking-in-the-united-states-including-an-account-of-provincial-and-continental-paper-money-by-william-m-gouge-810.html' rel='bookmark' title='Permanent Link: A Short History of Paper-Money and Banking in the United States, including an account of provincial and continental paper-money by William M. Gouge'>A Short History of Paper-Money and Banking in the United States, including an account of provincial and continental paper-money by William M. Gouge</a> <small>Importance of the Subject. In an address to the stockholders...</small></li>
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		<title>The Financial and Commercial Crisis Considered</title>
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		<pubDate>Mon, 19 Apr 2010 06:04:44 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Market Panics / Crashes]]></category>
		<category><![CDATA[Bank Failures]]></category>
		<category><![CDATA[commerce]]></category>
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		<category><![CDATA[fiat money]]></category>
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		<description><![CDATA[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 other parts of the subject, it seems by all admitted, that the general condition of commerce is sound and satisfactory ; and the truth of this position is sufficiently proved by the fact, that the intensity of the pressure has been attended with no unusual amount of failures or bankruptcies — the storm, however severe, has as yet cast few or no wrecks on shore. The prudence and sagacity of merchants not being in fault, we are naturally led to look for our difficulties in the derangement of our monetary system ; and there, beyond all doubt, they will be found. It is singular that, in proportion to the abstruse nature and inherent difficulties of a subject, men are apt to be positive and dogmatical in their theories, undaunted by adverse experience and repeated disappointments. The various schemes for regulating the action of Banks have been [...]


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<li><a href='http://bikibook.com/bullion-and-foreign-exchanges-theoretically-and-practically-considered-1425.html' rel='bookmark' title='Permanent Link: Bullion and Foreign Exchanges theoretically and practically considered'>Bullion and Foreign Exchanges theoretically and practically considered</a> <small>BULLION and Foreign Exchanges are subjects generally comprised among the...</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>
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		<title>The Business Man and His Bank by William Henry Kniffin</title>
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		<pubDate>Mon, 19 Apr 2010 04:30:59 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Corporate Finance]]></category>
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		<guid isPermaLink="false">http://bikibook.com/?p=1359</guid>
		<description><![CDATA[PREFACE The man who stands before the counter screen of a bank looks at a piece of complicated yet smooth working machinery that is to him a deep mystery. He admires but does not understand it. He knows that the receiving teller takes his deposit and the paying teller cashes his check. When he makes a loan he gets the use of the funds, how he does not know. He does not understand the bank processes any more than the average man understands the mechanism of his automobile. He knows its functions and that is enough. Only when it ceases to work smoothly does he appreciate how delicate is the machine that serves him. Heretofore all writers on banking have treated the subject from within, for the information of the bank clerk and the student of banking. It is the writer&#8217;s aim to treat the bank from without ; to show how it touches the interests of the business man and get the point of contact from the customer&#8217;s viewpoint. In discussing the subject of credit, for instance, I have tried to show what the applicant for credit should bring to the bank, rather than what the bank man should [...]


Related posts:<ol><li><a href='http://bikibook.com/business-finance-a-practical-study-of-financial-management-in-private-business-concerns-by-william-h-lough-845.html' rel='bookmark' title='Permanent Link: BUSINESS FINANCE &#8211; A Practical Study of Financial Management in Private Business Concerns BY WILLIAM H LOUGH'>BUSINESS FINANCE &#8211; A Practical Study of Financial Management in Private Business Concerns BY WILLIAM H LOUGH</a> <small>PREFACE This book, as its name indicates, is concerned with...</small></li>
<li><a href='http://bikibook.com/the-theory-and-practice-of-banking-vol-1-by-henry-dunning-macleod-1326.html' rel='bookmark' title='Permanent Link: The Theory and Practice of Banking Vol 1 by Henry Dunning Macleod'>The Theory and Practice of Banking Vol 1 by Henry Dunning Macleod</a> <small>INTRODUCTION THE following work is an attempt to explain, in...</small></li>
<li><a href='http://bikibook.com/bank-credit-a-study-of-the-principles-and-factors-underlying-advances-made-by-banks-to-borrowers-by-chester-arthur-phillips-ph-d-887.html' rel='bookmark' title='Permanent Link: Bank Credit: A Study Of The Principles And Factors Underlying Advances Made By Banks To Borrowers By Chester Arthur Phillips, PH.D.'>Bank Credit: A Study Of The Principles And Factors Underlying Advances Made By Banks To Borrowers By Chester Arthur Phillips, PH.D.</a> <small>PREFACE The purpose of this study is two-fold : to...</small></li>
</ol>]]></description>
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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>
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		<guid isPermaLink="false">http://bikibook.com/?p=1355</guid>
		<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 [...]


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<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>
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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>
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		<pubDate>Mon, 19 Apr 2010 03:44:08 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
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		<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 [...]


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		<title>The Theory and Practice of Banking Vol 1 by Henry Dunning Macleod</title>
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		<pubDate>Mon, 05 Apr 2010 07:33:29 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
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		<description><![CDATA[INTRODUCTION THE following work is an attempt to explain, in as clear and simple language as possible, the elementary principles of Currency and Banking, their progressive development in practice, and the laws at present affecting them. Many of the works already existing on these subjects are excellent in several respects, and contain much valuable information; but it must be admitted that the widest and most fundamental differences of opinion upon almost every point prevail amongst them, and that there is no one so comprehensive and systematic, or which has investigated the subject with such accuracy, as to be generally accepted as an authority. The fact of so many conflicting and contradictory views prevailing among writers, certainly argues the necessity for a more thorough consideration of the subject, but it acts as a warning against undertaking lightly what has hitherto produced so little that is generally received as satisfactory. It appears that what is required, and what is most likely to lead to satisfactory conclusions, is a more careful investigation and examination of the fundamental conceptions and general laws of the subject, before considering their application in practice. It appeared, therefore, that there was room for a work which should endeavour [...]


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		<title>The Theory and Practice of Banking Vol 2 by Henry Dunning Macleod</title>
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		<pubDate>Mon, 05 Apr 2010 07:31:50 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
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		<description><![CDATA[Please Activate the Full Screen Mode for Better Viewing Pleasure (2nd button from the left) LINK http://bikibook.com/books/the-theory-and-practice-of-banking-vol-2/ EMBED Related posts:The Theory and Practice of Banking Vol 1 by Henry Dunning Macleod INTRODUCTION THE following work is an attempt to explain, in... Co-Operative Banking; Its Principles and Practice by Henry Wolffe INTRODUCTION CO-OPERATIVE banks have been before the world just about... Foreign Exchange &#8211; Theory and Practice PREFACE Foreign exchange is attracting more attention than any other...


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<li><a href='http://bikibook.com/co-operative-banking-its-principles-and-practice-by-henry-wolffe-1106.html' rel='bookmark' title='Permanent Link: Co-Operative Banking; Its Principles and Practice by Henry Wolffe'>Co-Operative Banking; Its Principles and Practice by Henry Wolffe</a> <small>INTRODUCTION CO-OPERATIVE banks have been before the world just about...</small></li>
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		<title>Views on the Currency by Thomas Joplin</title>
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		<pubDate>Mon, 05 Apr 2010 06:10:34 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
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		<description><![CDATA[PREFACE THE principles of the following Work have appeared in former publications, but are more fully developed in this. Those publications have not been generally read, but were not, perhaps, without their effect. They at least have furnished the sub-stratum of more than one popular essay: if any writings on subjects of Political Economy can be called popular. With the writings of the modern political economists, this work has nothing in common. However much the author may admire the talents and ingenuity which have been displayed by Messrs Ricardo, Mill, Tooke, Torrens, and M&#8217;Culloch, he is compelled to dissent from the chief part of their doctrines. Indeed it would hardly be fair to stop at them. The science of political economy was corrupted at its fountain head, and all which can be said is, that they have not freed it from its corruptions. Dr Adam Smith, in his Wealth of Nations, throws much light upon political science, but more darkness ; and his errors and obscurities unfortunately have reference to the most important parts of his subject. The Wealth of Nations is a work, notwithstanding, of great genius ; the best proof of which is, that men of genius have [...]


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<li><a href='http://bikibook.com/the-advantages-of-the-proposed-national-bank-of-england-by-thomas-joplin-1310.html' rel='bookmark' title='Permanent Link: The Advantages of the Proposed National Bank of England by Thomas Joplin'>The Advantages of the Proposed National Bank of England by Thomas Joplin</a> <small>The invention of Banking; to assist and enlarge the commerce...</small></li>
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		<title>The Advantages of the Proposed National Bank of England by Thomas Joplin</title>
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		<pubDate>Wed, 31 Mar 2010 15:33:06 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
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		<description><![CDATA[The invention of Banking; to assist and enlarge the commerce of mankind, has been happily compared with that of arithmetic to extend and expedite their powers of calculation. The utility, therefore, of Banks to a commercial nation like this, need hardly be descanted upon. They are the channels by which remittances of money are made in every direction throughout the country ; and by which the transactions of all the component parts of the community, infinite as may be the number of their combinations, are balanced and settled between each and all, without the risk, the trouble, or the inconvenience of individual transference. They are the medium through which all bills, when due, are presented ; thus giving to promissory engagements a character which renders them serviceable and negotiable, by affording a necessary focus for the punctuality of their payment. By most classes, moreover, they are preferred as depositaries of money. The merchant and trader, of every description, confide to their keeping such sums as the current demands of their business may require them to possess ; the capitalist not unfrequently lodges larger amounts in their hands, to be available for any investment he may determine upon ; and the [...]


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		<title>The Science of Money and American Finances by Luther Vanhorn Moulton</title>
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		<pubDate>Wed, 31 Mar 2010 10:52:53 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
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		<description><![CDATA[PREFACE The author of the present treatise were more than human did he not experience some slight misgivings upon this, his first introduction, to the reading public. The task he has undertaken is one of no little magnitude, and in its accomplishment he has been often reminded by well-meaning friends as well as ill-disposed enemies, that his chances of success are very small. The purpose had in view has been, in the first place, to furnish a correct and thoroughly reliable philosophy of money. Many of our most eminent statesmen freely confess themselves totally ignorant of the principles and economic laws of money; and when this is the case with statesmen, the condition of the common people in this respect must be deplorable indeed. This work is intended not only to place within the reach of the people&#8217;s leaders the information required to dictate a sound financial policy, but also to furnish the bone and sinew of the country the knowledge necessary to recognize wise legislation, and prevent the adoption of measures which, though seemingly beneficial, must result in disaster. The author has fondly cherished the hope that this little treatise may pave the way for a currency reform in [...]


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