Posts Tagged ‘ fiat money ’

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

March 8, 2010

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...

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A View of the Banking Question Resulting from Practise and Experience

March 8, 2010

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...

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A Treatise on Currency and Banking by Condy Raguet

March 8, 2010

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...

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Wall Street and The Country A Study of Recent Financial Tendencies – By Charles A. Conant

March 2, 2010

PREFACE The essays contained- in this volume were written for the purpose of setting forth the magnitude of the problems presented by the modern tendency to capitalization and of removing misapprehensions on the subject which seem to have obtained a lodgment in the minds of a certain portion of the public. In a country...

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An Inquiry into the Currency Principle: The Connection of the Currency with Prices and the Expediency of A Separation of Issue From Banking

February 10, 2010
An Inquiry into the Currency Principle: The Connection of the Currency with Prices and the Expediency of A Separation of Issue From Banking

PREFACE BY THE AUTHOR SOME part of the following pages was written immediately after the appearance of the reports of the committee of the House of Commons on Banks of Issue, and the greater part has since been put together without any definite view to publication. The reason which has determined me in now...

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The Forgotten Man, and Other Essays

February 10, 2010
The Forgotten Man, and Other Essays

PREFACE BY THE AUTHOR WITH the present collection the publication of Sumner’s Essays comes to an end. The original project of publishers and editor contemplated but a single volume — ” War and Other Essays ” — and they accordingly equipped that volume with a bibliography which was as complete as they then could,...

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An Inquiry Into The Causes and Modes of the Wealth of Individuals, or, The Principles of Trade and Speculation

February 9, 2010
An Inquiry Into The Causes and Modes of the Wealth of Individuals, or, The Principles of Trade and Speculation

INTRODUCTION. POLITICAL ECONOMY is the science which treats of general or national wealth, general or aggregate as distinguished from individual, as the term Political implies. This science is directed chiefly against, or has reference to the errors of statesmen or legislators, as connected with trade or the industry of mankind ; and, however extensive,...

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Selected Articles on Central Bank in the US – Debaters’ Handbook Series

February 9, 2010
Selected Articles on Central Bank in the US – Debaters’ Handbook Series

INTRODUCTION With the possible exception of the tariff, no one question has so repeatedly confronted the American people as has the problem of establishing a satisfactory system of currency and banking. It has seemed unusually difficult to devise a plan that contains the fundamental requisites of safety, uniformity, and practicability. The proposal to regulate...

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A Study on the Central Bank of Japan by Itsuo Hamaoka

February 9, 2010
A Study on the Central Bank of Japan by Itsuo Hamaoka

INTRODUCTORY NOTE BY THE AUTHOR The attention of the people of the United States at the present time is drawn, with ever increasing interest, to the commercial and financial institutions of foreign countries. This is due, primarily, to the fact that the industrial growth of this country has brought her to the point when...

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Modern Money Mechanics – Federal Reserve

February 9, 2010
Modern Money Mechanics – Federal Reserve

The purpose of this booklet is to describe the basic process of money creation in a “fractional reserve” banking system. The approach taken illustrates the changes in bank balance sheets that occur when deposits in banks change as a result of monetary action by the Federal Reserve System – the central bank of the...

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Adam Smith by Francis W Hirst

December 13, 2009
Adam Smith by Francis W Hirst

CONTENTS CHAPTER I PAGE EARLY YEARS CHAPTER II – THE BEGINNING OF A CAREER CHAPTER III – THEOLOGY AND RELIGIOUS ESTABLISHMENTS CHAPTER IV – “THE THEORY OF MORAL SENTIMENTS” CHAPTER V – IN THE GLASGOW CHAIR THE LECTURES ON JUSTICE AND POLICE CHAPTER VI – GLASGOW AND ITS UNIVERSITY CHAPTER VII – THE TOUR...

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An Outline of the Money Market

December 13, 2009
An Outline of the Money Market

Synopsis 1. The Evolution of the Money Market. 2. The Importance of the Banking Element. 3. The Origin and Development of Banking. 4. Banking and the Bank of England 5. How the Banker Obtains His Funds. 6. How the Banker Uses His Funds. 7. The Bank of England. 8. Management of the Bank of...

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A Fraudulent Standard by Arthur Kitson

December 13, 2009
A Fraudulent Standard by Arthur Kitson

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,...

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Banks and Paper Currency – Their Effects on Society

May 28, 2009

BANKS AND A PAPER CURRENCY – Introduction by the Author of the Book A pamphlet was published at Louisville, Kentucky, with the title ” Elements of a Bank Charter, arranged for the benefit of the public, and safety of the Stockholders.” As the general reasonings on which it was founded, applying to the proposed...

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Cause and Cure of Hard Times

May 24, 2009

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...

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Featured Stock Market Books

A Financial Chapter in the History of Bombay City

In 1897 the Editor of the Advocate of India invited me to contribute to its columns a narrative of the rise, growth and collapse...

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The New York Stock Exchange; a Discussion of the Business Done, Its Relation to Other Business, To Investment, Speculation and Gambling by H S Martin

FOREWORD The New York Stock Exchange can The be said to have been begun 125 years. Beginning ago 100 years of which it has...

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The Essential Features of Securities by Byron Webber Holt

What Our Problem Is There are available for purchase or sale securities of the widest possible variety, issued by countless corporations, municipalities, states, nations,...

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Twenty-One Years in the Boston Stock Market by Joseph Gregory Martin

PREFATORY REMARKS In the present work the compiler has aimed to furnish a full and reliable history of the several stocks in the Boston...

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The Stock Market Barometer : A Study of Its Forecast Value Based on Charles H. Dow’s Theory of the Price Movement

CYCLES AND STOCK MARKET RECORDS AN English economist whose unaffected humanity always made him remarkably readable, the late William Stanley Jevons, propounded the theory...

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