A London financial expert soon after the passage of the Federal Reserve Act wrote these significant words :
In 1897 the Editor of the Advocate of India invited me to contribute to its columns a narrative of the rise, growth and collapse...
A London financial expert soon after the passage of the Federal Reserve Act wrote these significant words :
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...
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...
Federal Reserve Bank of New York Presents a fable about the island kingdom of Mazuma and the growth of its economy from barter to a sophisticated modern system, with its own central bank, to illustrate basic concepts of barter, money, banking, and inflation. Please Activate the Full Screen Mode for Better Viewing Pleasure (2nd...
Preface By the Author In this little book the writer hopes to place before the reader a concise embodiment of relevant fact and information of educational value in the pending central bank controversy. To eliminate the non-essentials and set down the concrete and practical has been his aim. To him these are: The defects...
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,...
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...
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...