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	<title>Bikibook.com &#187; Fiat currency</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>
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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 ; [...]


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		<title>A Ready Reckoner of the World&#8217;s Foreign and Colonial Exchanges of Seven Monetary and Currency Intermediaries</title>
		<link>http://bikibook.com/a-ready-reckoner-of-the-worlds-foreign-and-colonial-exchanges-of-seven-monetary-and-currency-intermediaries-1418.html</link>
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		<pubDate>Fri, 21 May 2010 15:31:17 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
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		<description><![CDATA[PREFACE I earnestly invite the most serious attention, with unbiased mind, of every one especially rulers, statesmen, legislators, and economists — to this analysis of the world&#8217;s prices and foreign and colonial exchanges of intermediaries; and to the simple arithmetical demonstration to travellers, traders, and financiers of their effects upon the interchanges of things between man and man and community and community. Sound bases for the construction of monetary systems cannot be expected from those who are totally ignorant of the knowledge possessed both theoretically and practically by the magnates of the money power of the world. Striking evidence of this can be seen in the first 8393 questions put to and answered by twenty-five examinees, of whom ten were either past or present servants of the State, nine were traders and producers, and six were financiers and bankers, before the India Office Committee upon schemes for providing an effective metal monetary system for British India. Lord Rothschild&#8217;s evidence, under 133 interrogatories before this Committee, of what financiers have done and can do, of what Governments can and cannot do, and what British India&#8217;s trade could possibly do or not do, with the absolute requisite of what it must do [...]


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<li><a href='http://bikibook.com/guttags-foreign-currency-and-exchange-guide-1480.html' rel='bookmark' title='Permanent Link: Guttag&#8217;s Foreign Currency and Exchange Guide'>Guttag&#8217;s Foreign Currency and Exchange Guide</a> <small>PREFACE Since the World War 1914-1918 a greater interest generally...</small></li>
</ol>]]></description>
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		<title>The Banking &amp; Currency Problem in the United States by Victor Morawetz</title>
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		<pubDate>Mon, 19 Apr 2010 03:44:08 +0000</pubDate>
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				<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>
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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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		<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>
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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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		<title>Readings in Money and Banking, Selected and Adapted by Chester Arthur Philips</title>
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		<pubDate>Wed, 31 Mar 2010 10:23:38 +0000</pubDate>
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		<description><![CDATA[PREFACE Designed mainly for class, room use in connection with one of the introductory manuals on the subject of Money and Banking or of Money and Currency, this volume, in itself, lays no claim to completeness. Where its use is contemplated the problems of emphasis and proportion are, accordingly, to be solved by the selection of one or another of the available texts, or by the choice of supplementary lecture topics and materials. The contents of the introductory manuals are so divergent in character as to render possible combinations of text and readings that will include, it is hoped, matter of such range and variety as may be desired. Fullness of treatment has been attempted, however, in the chapters doling with the important recent developments in the &#8220;mechanism of exchange,&#8221; and my aim has been throughout to select and, in many instances, to adapt with a view to meeting the wants of those who are interested chiefly in the modern phases of the subject. Chester Arthur Phillips. Dartmouth College, Hanover, N. H., July, 1916. Please Activate the Full Screen Mode for Better Viewing Pleasure (2nd button from the left) LINK http://bikibook.com/books/readings-in-money-and-banking/ EMBED Related posts:Bank Credit: A Study Of The Principles [...]


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		<title>The Principles of Currency and Banking &#8211; Being Five Lectures Delivered in Queen&#8217;s College</title>
		<link>http://bikibook.com/the-principles-of-currency-and-banking-being-five-lectures-delivered-in-queens-college-1295.html</link>
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		<pubDate>Wed, 31 Mar 2010 10:15:07 +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[Banks]]></category>
		<category><![CDATA[Currency]]></category>
		<category><![CDATA[Fiat currency]]></category>
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		<description><![CDATA[PREFACE In the present edition of these Lectures I have corrected some inaccuracies which occurred in the first. I have in many places, where my meaning seemed to be obscure, endeavoured to make it plain ; and I have, in some instances, altered the arrangement of the subjects. I believe that they are thus better worthy of acceptance than they originally were, and that they are now probably as complete as I shall be able to make them until experience shall have thrown some more light upon the subject. The recent debate in the House of Commons, on the motion of the Chancellor of the Exchequer, for a Select Committee to inquire into the operation of the Bank Act of 1844, shows that the policy of that measure is by no means universally acquiesced in. I confess, however, that the interval of more than three years which has elapsed since the first edition of these Lectures was published, has but confirmed me in the opinion, which I then expressed, as to the wisdom — indeed, I may say, the indispensable necessity — of having our monetary system based upon the principle which that Act affirms. Sonic confusion seems to me [...]


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<li><a href='http://bikibook.com/an-inquiry-into-the-currency-principle-the-connection-of-the-currency-with-prices-and-the-expediency-of-a-separation-of-issue-from-banking-513.html' rel='bookmark' title='Permanent Link: An Inquiry into the Currency Principle: The Connection of the Currency with Prices and the Expediency of A Separation of Issue From Banking'>An Inquiry into the Currency Principle: The Connection of the Currency with Prices and the Expediency of A Separation of Issue From Banking</a> <small>PREFACE BY THE AUTHOR SOME part of the following pages...</small></li>
<li><a href='http://bikibook.com/principles-of-banks-and-banking-of-money-as-coin-and-paper-1292.html' rel='bookmark' title='Permanent Link: Principles of Banks and Banking of Money, as Coin and Paper'>Principles of Banks and Banking of Money, as Coin and Paper</a> <small>THE metals have so long performed the use of money,...</small></li>
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		<title>Principles of Banks and Banking of Money, as Coin and Paper</title>
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		<pubDate>Wed, 31 Mar 2010 09:58:26 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
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		<category><![CDATA[Banking]]></category>
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		<description><![CDATA[THE metals have so long performed the use of money, that money and coin are become almost synonymous, although in their principles they be quite different. The first thing therefore to be done in treating of money, is, to separate two ideas, which, by being blended .together, have very greatly contributed to throw a cloud upon the whole subject. Money, which I call of account, is no more than an arbitrary scale of equal parts, invented for measuring the respective value of things vendible. Money of account therefore, is quite a different thing from money-coin, and might exist, although there was no such thing as the world as any substance, which could become an adequate and proportional equivalent for every commodity. Please Activate the Full Screen Mode for Better Viewing Pleasure (2nd button from the left) LINK http://bikibook.com/books/principles-of-banks-and-banking-of-money-as-coins-and-paper/ EMBED Related posts: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 Importance of the Subject. In an address to the stockholders... Banks and Paper Currency &#8211; Their Effects on Society BANKS AND A PAPER CURRENCY &#8211; Introduction by the Author... Exercises and Questions for Use with &#8220;Principles of [...]


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		<title>Articles On Banking And Currency From The Economist Newspaper By Thomas Joplin</title>
		<link>http://bikibook.com/articles-on-banking-and-currency-f-the-economist-newspaper-by-thomas-joplin-884.html</link>
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		<pubDate>Mon, 15 Mar 2010 15:46:20 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
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		<description><![CDATA[INTRODUCTORY OBSERVATIONS. Several members of the Joint-Stock Bank Association having thought that many of the articles of the Economist on Banking and Currency might be usefully re-published, the late Editor has been requested to make a selection of them for that purpose. The Economist was set on foot by Mr. Joplin, with the support and approbation of the Committee of the Joint-stock Bank Association, not as a newspaper speculation, but simply to protect the interests and defend the principles of Joint-stock Banking, at a time when they were in great danger from being impugned and misunderstood. The object in starting it having, in a great measure, been accomplished, it was for this and other reasons given up, though there was much probability of its success as a newspaper, having gained considerable reputation, both at home and abroad, as well as an extensive circulation for the character of the paper, and the short period of its establishment, which was also gradually increasing. It is likewise proper for the Editor to state, that the leading articles on Banking, Currency, and commercial subjects were written, or rather dictated, by Mr. Joplin, and the following are consequently entitled to any authority which may be [...]


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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>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</title>
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		<pubDate>Mon, 08 Mar 2010 14:01:05 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[Banking]]></category>
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		<category><![CDATA[Banks]]></category>
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		<description><![CDATA[Importance of the Subject. In an address to the stockholders of the United States Bank, at their meeting in 1S28, Mr. N. Biddle, the President of that institution, stated, that, of five hundred and forty-four Banks in the United States, one hundred and forty-four had been openly declared bankrupt, and about fifty more had suspended business. Mr. Gallatin, in his &#8220;Considerations on the Currency and Banking System,&#8221; published in 1831, gives a list of 329 State Banks then in operation, having nominal capitals of the amount of $108,301,898, which, added to the capital of the United States Bank, made the whole nominal capital of these institutions, upwards of one hundred and forty-three millions of dollars. These Banks issue notes which serve as substitutes for coin. They grant credits on their books, and transfer the amount of credit from one merchant to another. They receive money on deposit. They buy and sell bills of exchange. They discount mercantile notes. They buy and sell public stocks. All these are important functions, and if only one of them be ill performed, the community must suffer inconvenience. The Banks are scattered through nearly all the States and Territories which compose our Union ; but [...]


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<li><a href='http://bikibook.com/principles-of-banks-and-banking-of-money-as-coin-and-paper-1292.html' rel='bookmark' title='Permanent Link: Principles of Banks and Banking of Money, as Coin and Paper'>Principles of Banks and Banking of Money, as Coin and Paper</a> <small>THE metals have so long performed the use of money,...</small></li>
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		<title>A View of the Banking Question Resulting from Practise and Experience</title>
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		<pubDate>Mon, 08 Mar 2010 11:23:33 +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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		<description><![CDATA[INTRODUCTION. It is alleged by persons of great political influence, that defects very injurious to the community exist in the present system of Banking in England, and manifold evils in its practice ; and that the Legislature is imperatively called upon to remove those defects, by sanctioning some new method of Banking, and introducing a better practice. Few subjects are of greater importance than these, because the existing practice of Banking is now as intimately connected with internal industry, as turnpike-roads are connected with market-towns. If we destroy either Banks or roads, we shall, in the one case, by throwing obstacles in the way of a proper distribution of capital, greatly increase the difficulty of raising sufficient produce for the wants of the people ; and, in the other case, we shall have greater difficulties in carrying our produce to markets and places for consumption. Without contemplating an entire destruction of the practice, we may predicate that evils would result from any deep injury to the existing system of Banking, corresponding to the extent and nature of that injury. These, therefore, are not matters of light concern. It requires a thorough knowledge of the facts of the case, a perfect [...]


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		<title>A Treatise on Currency and Banking by Condy Raguet</title>
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		<pubDate>Mon, 08 Mar 2010 11:03:22 +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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		<description><![CDATA[PREFACE. THE suspension of specie payments by all the banks in the United States, south of New England, in the year 1814, and of all, with a very few trifling exceptions, in the year 1837, has strongly impressed the public mind with the belief that there is something defective in the present banking system of this country; and it is not, perhaps, venturing too much to assert, that there are now elements at work, which will ultimately overthrow the whole fabric, unless those who have the power to remedy the evil, shall introduce the reforms which can alone render a repetition of such a calamity impossible. It must be evident to every observant mind, that a dislike to hear the truth, when opposed to one&#8217;s interests or prejudices, is the principal cause of a large portion of the mischievous errors which so generally prevail. Men of education and capacity, who are best qualified to investigate and understand the important principles which belong to the science of public economy, are too apt to view them as of no account, or to despise them when they come in conflict with their purses, or with their political promotion; and hence that knowledge, which [...]


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		<title>American Banking by Parker Willis</title>
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		<pubDate>Sat, 06 Mar 2010 06:56:33 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
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		<description><![CDATA[A London financial expert soon after the passage of the Federal Reserve Act wrote these significant words :


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		<title>The Meaning of Money by Hartley Withers</title>
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		<pubDate>Thu, 25 Feb 2010 09:13:55 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
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		<description><![CDATA[INTRODUCTORY The meaning of Money is not a question of economic theory. The object of this volume is to explain a matter of plain, positive, practical fact, which is very important, very dull and very little understood ; and to do so as clearly as may be, and with the least possible use of the alarming apparatus which generally affrights the casual reader who opens a book on a monetary subject. No columns of statistics will be paraded and deployed, the use of diagrams will be sedulously avoided, and as far as possible figures will be ruled out. The word Money is associated with much confusion and difficulty in the minds of those who have not been obliged to think the matter out because of the different senses in which it is used. In one sense it is perfectly simple, without the least reflection or examination. Everybody understands money in the sense of the pounds, shillings, and pence that we pay in the shape of coin, notes or cheques for everyday wants. But the other most common use of the word leads to complication, because in its second sense money means not money, but the loan of money. This is [...]


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