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	<title>Bikibook.com &#187; financial markets</title>
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		<title>Foreign Exchange &#8211; Theory and Practice</title>
		<link>http://bikibook.com/foreign-exchange-theory-and-practice-1471.html</link>
		<comments>http://bikibook.com/foreign-exchange-theory-and-practice-1471.html#comments</comments>
		<pubDate>Sat, 22 May 2010 05:27:01 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[foreign currencies]]></category>
		<category><![CDATA[foreign exchange]]></category>
		<category><![CDATA[practice]]></category>
		<category><![CDATA[speculation]]></category>
		<category><![CDATA[theory]]></category>
		<category><![CDATA[trading]]></category>

		<guid isPermaLink="false">http://bikibook.com/?p=1471</guid>
		<description><![CDATA[PREFACE Foreign exchange is attracting more attention than any other branch of finance. The interest evinced is universal and is no longer confined to bankers, international traders, and financial writers, as was the case prior to the Great War. The general public is showing a decided disposition to acquaint itself with the dislocation of the exchanges brought about by the conflict. Nor is this interest likely to suffer much abatement, since normal conditions will probably not be restored in international financial relations for a number of years to come. The author&#8217;s purpose in this book is to explain the operation of the exchanges between gold-standard countries under normal financial conditions. In a subsequent volume now in preparation he proposes to deal with the present irregular position of the exchanges, and with exchange between a gold-and a silver-standard country. It is quite impossible, however, to gain an adequate appreciation of the problem presented by the deranged condition of the exchanges unless their operation under the normal functioning of the commercial and financial machinery of the world is first thoroughly understood. The subject of foreign exchange, even in its greatest refinements, offers comparatively little difficulty after the student has once mastered the [...]


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<li><a href='http://bikibook.com/foreign-exchange-before-during-and-after-the-war-1465.html' rel='bookmark' title='Permanent Link: Foreign Exchange Before, During, and After the War'>Foreign Exchange Before, During, and After the War</a> <small>The Market and its Meaning Ours is a, weary and...</small></li>
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		</item>
		<item>
		<title>Foreign Exchange, the Financing Mechanism of International Commerce</title>
		<link>http://bikibook.com/foreign-exchange-the-financing-mechanism-of-international-commerce-1468.html</link>
		<comments>http://bikibook.com/foreign-exchange-the-financing-mechanism-of-international-commerce-1468.html#comments</comments>
		<pubDate>Sat, 22 May 2010 05:19:51 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[foreign currency]]></category>
		<category><![CDATA[foreign exchange]]></category>
		<category><![CDATA[speculation]]></category>

		<guid isPermaLink="false">http://bikibook.com/?p=1468</guid>
		<description><![CDATA[PREFACE The practice of most writers on Foreign Exchange is to treat their subject as a phase of the banking problem, emphasizing the bankers&#8217; methods of handling foreign bills of exchange, and giving but minor stress to the relations of the business man with the exchange markets. It is the opinion of the present writer that the needs of the business world and of the student are not adequately met by this common method of presenting the subject. The rapid expansion of the foreign trade of the United States, coupled with the abnormal condition of the exchange markets of the world, has increased, on the one hand, the importance of foreign bills in the transactions of our business men, and, on the other, the problems of national welfare and national policy which are the especial concern of the student. This volume is written with a view toward bringing into greater prominence these somewhat neglected aspects of the subject of Foreign Exchange. Without neglecting the banking mechanism through which the bills of exchange pass, the attempt is made to bring the discussion to bear upon the problems of the business man concerned with foreign trade, as well as upon the broader [...]


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<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>Foreign Exchange Before, During, and After the War</title>
		<link>http://bikibook.com/foreign-exchange-before-during-and-after-the-war-1465.html</link>
		<comments>http://bikibook.com/foreign-exchange-before-during-and-after-the-war-1465.html#comments</comments>
		<pubDate>Sat, 22 May 2010 05:12:15 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[foreign currencies]]></category>
		<category><![CDATA[foreign exchange]]></category>
		<category><![CDATA[speculation]]></category>
		<category><![CDATA[trading]]></category>

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		<description><![CDATA[The Market and its Meaning Ours is a, weary and disillusioned generation, dealing with a world which is nearer collapse than it has been at any time since the downfall of the Roman Empire. The problem which is discussed in this little book is an integral part of the general problem of reconstruction after the ravages of war. It will be shown in detail in the course of the subsequent chapters that the main cause of the dislocation of the exchanges has been the almost universal disregard of the rules of common sense in the treatment of the money supply of the world, or, as it is usually put, the dislocation of the exchanges is an inevitable effect of inflation. But this task of detailed explanation cannot be anticipated by mere repetition of phrases. It will suffice if we point to some of the difficulties of the moment, which arise directly from the dislocation of the exchanges. 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/foreign-exchange-before-during-and-after-the-war/ EMBED Related posts:Foreign Exchange and Foreign Bills in Theory and in Practice PREFACE The object of this work is to present [...]


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<li><a href='http://bikibook.com/elements-of-foreign-exchange-a-foreign-exchange-primer-1446.html' rel='bookmark' title='Permanent Link: Elements of Foreign Exchange &#8211; a Foreign Exchange Primer'>Elements of Foreign Exchange &#8211; a Foreign Exchange Primer</a> <small>WHAT FOREIGN EXCHANGE IS AND WHAT BRINGS IT INTO EXISTENCE...</small></li>
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		</item>
		<item>
		<title>Foreign Exchange and Foreign Bills in Theory and in Practice</title>
		<link>http://bikibook.com/foreign-exchange-and-foreign-bills-in-theory-and-in-practice-1462.html</link>
		<comments>http://bikibook.com/foreign-exchange-and-foreign-bills-in-theory-and-in-practice-1462.html#comments</comments>
		<pubDate>Sat, 22 May 2010 05:05:53 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[Currency]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[speculation]]></category>
		<category><![CDATA[trading]]></category>

		<guid isPermaLink="false">http://bikibook.com/?p=1462</guid>
		<description><![CDATA[PREFACE The object of this work is to present in a concise and simple form the theory and practice of Foreign Exchange. At first sight some apology may appear to be due for adding to the already long list of books on this branch of monetary science, but reference to the table of contents will show that special attention has been paid to that more practical part of the subject — foreign bills. The drawing and negotiation of foreign bills are matters which concern not only bankers, but all commercial men, and, bearing this in mind, an endeavour has been made throughout the book to intersperse the practical with the theoretical points. To explain the working of foreign exchanges in a simple manner is not easy, and the frequent dislocation of the principal exchanges during the war has not conduced to the simplicity of the task. The erratic movements in rates have, however, furnished abundant material from which to draw the necessary illustrations in support of the theories I have tried to make plain. Exchange with the silver-using countries of the East seems to be a general source of trouble to people dealing with those centres, and in deference to [...]


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<li><a href='http://bikibook.com/elements-of-foreign-exchange-a-foreign-exchange-primer-1446.html' rel='bookmark' title='Permanent Link: Elements of Foreign Exchange &#8211; a Foreign Exchange Primer'>Elements of Foreign Exchange &#8211; a Foreign Exchange Primer</a> <small>WHAT FOREIGN EXCHANGE IS AND WHAT BRINGS IT INTO EXISTENCE...</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>
</ol>]]></description>
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		<title>Forecasting Foreign Exchange Rates Subject to De-volatilization</title>
		<link>http://bikibook.com/forecasting-foreign-exchange-rates-subject-to-de-volatilization-1459.html</link>
		<comments>http://bikibook.com/forecasting-foreign-exchange-rates-subject-to-de-volatilization-1459.html#comments</comments>
		<pubDate>Sat, 22 May 2010 04:29:11 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[Currency]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[rates]]></category>
		<category><![CDATA[speculation]]></category>

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		<description><![CDATA[Abstract There is a considerable literature analyzing the behavior of exchange rates. However, the modeling and forecasting of exchange rates has not been very successful. One of the obstacles to effective modeling of financial time series is heteroscedasticity. The recent availability of high frequency data, such as tick-by-tick data, provides us with extra information about the market. However, even with today&#8217;s computer power, analyzing data with order of gigabits is extremely expensive and time consuming. This article proposes to analyze a homoscedastic subsequence of such data. The procedure of obtaining such a homoscedastic subsequence is called de-volatilization. The empirical evidence suggests that de-volatilization can help us to detect trends of the market quickly. Our forecasting results indicate that the exchange market can be forecast to certain extend. 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/forecasting-foreign-exchange-rates-subject-to-de-volatization/ EMBED Related posts:Foreign Exchange and Foreign Bills in Theory and in Practice PREFACE The object of this work is to present in... How well are fluctuating exchange rates working? Focusing on the questions (a) of how well fluctuating exchange... Elements of Foreign Exchange &#8211; a Foreign Exchange Primer WHAT FOREIGN EXCHANGE [...]


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		<item>
		<title>Elements of Foreign Exchange &#8211; a Foreign Exchange Primer</title>
		<link>http://bikibook.com/elements-of-foreign-exchange-a-foreign-exchange-primer-1446.html</link>
		<comments>http://bikibook.com/elements-of-foreign-exchange-a-foreign-exchange-primer-1446.html#comments</comments>
		<pubDate>Sat, 22 May 2010 02:53:29 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[Currency]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[foreign currencies]]></category>
		<category><![CDATA[foreign exchange]]></category>

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		<description><![CDATA[WHAT FOREIGN EXCHANGE IS AND WHAT BRINGS IT INTO EXISTENCE UNDERLYING the whole business of foreign exchange is the way in which obligations between creditors in one country and debtors in another have come to be settled — by having the creditor draw a draft directly upon the debtor or upon some bank designated by him. A merchant in New York has sold a bill of goods to a merchant in London, having thus become his creditor, say, for $5,000. To get his money, the merchant in New York will, in the great majority of cases, draw a sterling draft upon the debtor in London for a little over £1,000. This draft his banker will readily enough convert for him into dollars. The buying and selling and discounting of countless such bills of exchange constitute the very foundation of the foreign exchange business. Not all international obligations are settled by having the creditor draw direct on the debtor. Sometimes gold is actually sent in payment. Sometimes the debtor goes to a banker engaged in selling drafts on the city where the obligation exists, gets such a draft from him and sends that. But in the vast majority of cases payment [...]


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<li><a href='http://bikibook.com/domestic-and-foreign-exchange-1440.html' rel='bookmark' title='Permanent Link: Domestic and Foreign Exchange'>Domestic and Foreign Exchange</a> <small>PREFACE There is nothing mysterious or difficult about foreign exchange...</small></li>
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		<title>Domestic and Foreign Exchange</title>
		<link>http://bikibook.com/domestic-and-foreign-exchange-1440.html</link>
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		<pubDate>Sat, 22 May 2010 02:30:47 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Banking, Currency and Foreign Exchange]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[banking system]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Currency]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[foreign exchange]]></category>

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		<description><![CDATA[PREFACE There is nothing mysterious or difficult about foreign exchange when it is studied in the light of domestic exchange, which is easily understood, and in this volume I have endeavored to explain the essential principles of both domestic and foreign exchange in simple language, and with suitable illustrations. In this volume practically every form of exchange has been dealt with, and it is hoped that it will prove useful to the exporter and importer, as well as to business men in general, who are interested in the general aspects of the subject. The tables dealing with gold values are all original calculations, based on data obtained from the various Mints, while for some of the silver values I am indebted to Mr. Gonzales&#8217; excellent little book *&#8217;Modern Foreign Exchange,&#8221; and for general matter to my own book, &#8220;Notes on Foreign Exchange.&#8221; 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/domestic-and-foreign-exchange/ EMBED Related posts:Elements of Foreign Exchange &#8211; a Foreign Exchange Primer WHAT FOREIGN EXCHANGE IS AND WHAT BRINGS IT INTO EXISTENCE... Foreign Exchange and Foreign Bills in Theory and in Practice PREFACE The object of this [...]


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		<title>Corporation Finance by Hastings Lyon</title>
		<link>http://bikibook.com/corporation-finance-by-hastings-lyon-1436.html</link>
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		<pubDate>Fri, 21 May 2010 17:48:15 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Corporate Finance]]></category>
		<category><![CDATA[corporate finance]]></category>
		<category><![CDATA[corporate loans]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[stock market]]></category>

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		<description><![CDATA[The new volume deals more especially with two topics, the distribution of corporate securities and the financial side of corporate reorganizations. It also presents some discussion of the disposition made of corporate income. Though both law and accounting must be referred to in explaining financial matters, I hold an opinion that corporation finance has a distinct channel, and that it is the duty of any one undertaking a presentation of any aspect of the subject to steer a course between the legal and the accounting sides of corporate business. Since Capitalization was written, I have changed my mind about the special desirability of using as illustrations existing securities and corporations, and in this second volume have confined the examples mostly to hypothetical cases. The passage of a few years, with their varying economic, social, and personal winds, makes the facts presented in an old corporation manual resemble the snows of yesterday. The book has been written out of the experience of a number of years in association with banking houses engaged in the business of buying and selling corporate securities and as a lawyer occupied in working out the financial arrangements of corporations. It assumed form in the course of [...]


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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>
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		<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 ; [...]


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<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>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>
		<category><![CDATA[banking system]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Fiat currency]]></category>
		<category><![CDATA[fiat money]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[foreign exchange]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[Paper Currency]]></category>
		<category><![CDATA[paper money]]></category>

		<guid isPermaLink="false">http://bikibook.com/?p=1418</guid>
		<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/on-chinese-currency-preliminary-remarks-about-the-monetary-reform-in-china-1275.html' rel='bookmark' title='Permanent Link: On Chinese currency, preliminary remarks about the monetary reform in China'>On Chinese currency, preliminary remarks about the monetary reform in China</a> <small>INTRODUCTION Great difficulty was frequently experienced in the course of...</small></li>
<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 Financial and Commercial Crisis Considered</title>
		<link>http://bikibook.com/the-financial-and-commercial-crisis-considered-1375.html</link>
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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>
		<category><![CDATA[Commodities]]></category>
		<category><![CDATA[fiat money]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[speculation]]></category>

		<guid isPermaLink="false">http://bikibook.com/?p=1375</guid>
		<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>
</ol>]]></description>
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		<title>The Causes of the Panic of 1893 by William Jett</title>
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		<pubDate>Mon, 19 Apr 2010 05:02:01 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Market Panics / Crashes]]></category>
		<category><![CDATA[Crash]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[market]]></category>
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		<guid isPermaLink="false">http://bikibook.com/?p=1366</guid>
		<description><![CDATA[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 a breakdown in the financial world as that of 1890, followed by a more violent collapse during 1893, suggests a possible connection between these two events. In order, therefore, to clear the ground thoroughly before entering into a direct examination of the causes of the crisis of 1893, it is first necessary to dispose of the preliminary question as to the effect, if any, of the panic of 1890 upon the crisis of 1893. To do this properly requires the solution of a problem involving two elements: first, to discover the causes of the panic of 1890; and, second, to ascertain whether these causes were still in operation, even in a modified form, after 1890, and consequently whether they were in any way responsible for the crisis of 1893. The working-out of the first process in this problem — the inquiry into the causes of [...]


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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>
		<category><![CDATA[US Economy]]></category>
		<category><![CDATA[Bank Failures]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[banking system]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Crash]]></category>
		<category><![CDATA[Currency]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Fiat currency]]></category>
		<category><![CDATA[fiat money]]></category>
		<category><![CDATA[financial markets]]></category>

		<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 [...]


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		<title>Twenty-One Years in the Boston Stock Market by Joseph Gregory Martin</title>
		<link>http://bikibook.com/twenty-one-years-in-the-boston-stock-market-by-joseph-gregory-martin-1333.html</link>
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		<pubDate>Mon, 05 Apr 2010 07:35:36 +0000</pubDate>
		<dc:creator>Bikibook</dc:creator>
				<category><![CDATA[Stock Market and Other Trading Markets]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[speculation]]></category>
		<category><![CDATA[stock market]]></category>
		<category><![CDATA[stock markets]]></category>
		<category><![CDATA[trading]]></category>

		<guid isPermaLink="false">http://bikibook.com/?p=1333</guid>
		<description><![CDATA[PREFATORY REMARKS In the present work the compiler has aimed to furnish a full and reliable history of the several stocks in the Boston market offered to Investors, — a large class, comprising not only capitalists so termed, but a host of persons of smaller means, who seek out some one of the various securities as an investment for their surplus means. The period included comprises the great Bank Panic which commenced in 1837, failures, depression of Bank stock, with reduction of dividends, its reinstatement in public confidence, the subsequent Railroad Panic, and the divers fluctuations which, during twenty years, most public stocks undergo. Copious notes have been added, with the view of relieving the dry details of figures, and imparting such information as was judged would prove useful and acceptable. In this compilation the utmost care has been taken to make it reliable, and thereby valuable for reference. The prices of Bank Stock, from 1834 to 1845, have been made up from actual public sales by auction, which afforded full quotations. The same applies to Insurance and Manufacturing Companies, as far as sales of the latter were made. Of Railroads, there were then comparatively few, and their stock was [...]


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		<title>The Theory and Practice of Banking Vol 1 by Henry Dunning Macleod</title>
		<link>http://bikibook.com/the-theory-and-practice-of-banking-vol-1-by-henry-dunning-macleod-1326.html</link>
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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>
		<category><![CDATA[Bank Failures]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[banking system]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[corporate loans]]></category>
		<category><![CDATA[Crash]]></category>
		<category><![CDATA[Currency]]></category>
		<category><![CDATA[Fiat currency]]></category>
		<category><![CDATA[fiat money]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[Paper Currency]]></category>
		<category><![CDATA[paper money]]></category>

		<guid isPermaLink="false">http://bikibook.com/?p=1326</guid>
		<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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