Download or read book Considerations on the Currency and Banking System of the United States written by Albert Gallatin and published by Philadelphia : Carey & Lea. This book was released on 1831 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Considerations on the Currency and Banking System of the United States Classic Reprint written by Albert Gallatin and published by Forgotten Books. This book was released on 2017-10-16 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Considerations on the Currency and Banking System of the United States As the total importation of precious metals from America to Europe had not, prior to the year 1596, exceeded 3 quantity equal to that contained in eight hundred millions of dollars, and the depreciation was then already at the rate of about 3 to 1; it is probable that the total amount of gold and silver existing in Europe prior to the discovery of America, though Worth then four times as much, did not in quantity exceed that contained in three hundred millions Of dollars, moneyr of the present times. The total amount of gold and silver produced By the mined of America, to the year 1803, inclusively, and remaining therei or exported to Europe, has been estimated by Humboldt at about five thousand six hundred millions of dollars; and the product of the years 1804 - 1830, may be estimated at seven hundred and fifty millions. If to this we add orie hundred mil: lions, the nearly ascertained product to this. Time of the mines of Siberia, about four hundred and fifty millions for the African gold dust, and for the product of the mines of Europe, (which yielded about three millions a year in the beginning of this cen ury, ) from the discovery of America to this day, and three' About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Download or read book Considerations on the Currency and Banking System of the United States written by Albert Gallatin and published by . This book was released on 1968 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Considerations on the Currency and Banking System of the United States written by Albert Gallatin and published by Rarebooksclub.com. This book was released on 2013-09 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1831 edition. Excerpt: ... nearly equal amount of these would be returned upon them, and that the real amount of those in actual circulation should not be estimated at more than fifty-three and a half millions of dollars. We have however adopted throughout the usual mode of computation. If to the amount of notes we add the deposits, we will have a total of either one hundred and eighteen, or one hundred and nine millions, according to each of those two modes of computing, for the circulation of all the banks. This is sustained by a sum of twenty-two millions in specie, which makes no part of the circulation. There are no means of ascertaining correctly the portion which consists of the precious metals. The silver coinage of England forms nearly one-seventh part of the whole circulation of that country. At that rate, that of the United States, allowing for the various considerations which may affect the question, cannot be estimated at more than ten millions. It is well known, that gold has been altogether excluded by the mint regulations. We have therefore the following results, according to the view of the subject, which may be adopted: Gross amount of notes issued, $62,500,000 Silver coins, 10,000,000 Usual mode of computing, 1, .... 72,500,000 And if deposits are included, 55,500,000 2, .... 128,000,000 But if the bank notes of other banks on hand are deducted, the notes in circulation will be-$53,500,000 Silver, 10,000,000 3, 63,500,000 And if deposits are included, 55,500,000 4 119,000,000 Which last appears to us the most correct mode of computation. Although we have freely expressed our opinion, that, taking into consideration all the circumstances which belong to the subject, it might have been preferable in the United States to have had nothing but a.

Download or read book The Banking and Currency Problem in the United States Classic Reprint written by Victor Morawetz and published by Forgotten Books. This book was released on 2017-10-15 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Banking and Currency Problem in the United States Credits minimum reserves OF national banks over-expansion with regard To the general credit situation central regulation necessary the central bank plan central bank not practicable IN the united states independent bank-note issues. The currency situation IN the united states. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Download or read book Considerations on the Currency and Banking System of the United States Republished with Additions and Corrections from the American Quarterly Review written by Albert Gallatin and published by . This book was released on 1831 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Andrew Jackson and the Bank of the United States written by William Lawrence Royall and published by Forgotten Books. This book was released on 2017-11-21 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Andrew Jackson and the Bank of the United States: Including a History of Paper Money in the United States, and a Discussion of the Currency Question in Some of Its Phases Why, since the adoption of the Constitution of the United States, an occasion should ever have arisen in which there could be a serious contest between coin and paper money, is, of itself, a matter calling for ex. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Download or read book Considerations on the Currency and Banking System of the United States written by John Stuart-Wortley Baron Wharncliffe and published by . This book was released on 1832* with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The National Debt Taxation Currency and Banking System of the United States written by James Gallatin and published by Forgotten Books. This book was released on 2017-10-11 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The National Debt, Taxation, Currency, and Banking System of the United States: With Some Remarks on the Report of the Secretary of the Treasury But no amount of resources, however enor ous, can be made available for the support of a nation's existence, if waste and extravagance and incompetency be permitted to direct the affairs of state; for a public man, without skill in his department, robs the people and commits treason to the nation as effectually as if he were in the ranks of the enemy, by occupying a position in which ignorance of duty becomes a crime against the life of his country. IV. Necessity for Skill in the Government - Unusual Powers Eu trusted to the Treasury Department. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Download or read book Money and Banking Classic Reprint written by John Thom Holdsworth and published by Forgotten Books. This book was released on 2017-09-12 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Money and Banking The treatment of Money in Part I follows in a general way the lines made familiar by other standard works to which frequent references are made in the footnotes and m the suggested reading lists at the end of each chapter. The efiort has been made to compress this part of the book into the smallest space consistent with a presentation of essentials in the history, theory and principles of money, leaving the major part of the book for the discussion of the principles and practices of banking. In the chapters devoted to banking organization and practice it has been impossible to give consideration to the varying local cus toms and practices of different types of banking institutions. The aim has been to describe those principles and practices of commercial banking that are common to all banks. Though the new Federal reserve system introduces far reaching changes in our banking and currency system, many years must elapse before its full effects can be definitely measured. Throughout Part II frequent reference is made to various provisions of the Act of 1913, and Chapter XXII is devoted to an analysis of its leading provisions, and a summary of the steps taken in the establishment of the new system. A proper understanding of the new system, how ever, can be gained only by following its Operations and marking the effect of changes that will certainly be made in the law from time to time. It is believed that the addition of the complete text of the Federal Reserve Act (appendix) About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Download or read book An Analysis of the Banking and Currency System of the United States written by Charles Wesley Disbrow and published by Forgotten Books. This book was released on 2017-10-12 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from An Analysis of the Banking and Currency System of the United States: Indicating the Cause of Periodic Panics and Suggesting a Remedy It is also designed to show that all of our currency is based upon and supported by the gold in circulation; that a given quantity of gold will only support a given quantity of paper, and that we shall invite commercial disaster and national dishonor by injecting too much paper into our circulation; so that there is a definite limit to the quantity of currency. The amount of our currency can not be indefinitely increased, and it is therefore necessary to get the greatest possible use out of the currency that we have, and to so regulate our affairs that we shall get along on the credit that can safely be granted with such amount of currency. It is the Opinion of the writer that the trouble with our existing system is two-fold. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Download or read book An Analysis of the Banking and Currency System of the United States written by Chas W B 1874 Disbrow and published by Franklin Classics. This book was released on 2018-10-12 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Download or read book Laws of the United States Relating to Currency Finance and Banking From 1789 to 1891 Classic Reprint written by Charles Franklin Dunbar and published by Forgotten Books. This book was released on 2017-12-18 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Laws of the United States Relating to Currency, Finance, and Banking From 1789 to 1891 IN making this collection, my object has been to bring within the easy reach of students and teachers of Politi cal Economy and History the important parts of our national legislation respecting Currency, Coinage, Loans, and Banking. For this purpose the Acts of Congress have been carefully examined, and the leading provisions upon these subjects are now presented in their chrono logical order, following With precision the text given in the Statutes at Large. Acts and provisions of less consequence in financial history, but still like to require occasional attention, have been abridged or described in their natural connection. Finally, acts and provisions seldom referred to in ordinary use, as, for example, those relating to small loans, to banks in the District of Columbia, and to minor coinage, together with most provisions which are strictly administrative or punitive, have been omitted altogether, as lying out side of the necessary limits of a book intended for use as a manual. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Download or read book Consideration on the currency and banking system of the United States written by Albert Gallatin and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book History of the National Bank Currency Classic Reprint written by Alexander Dana Noyes and published by Forgotten Books. This book was released on 2017-10-12 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from History of the National-Bank Currency It should be noticed, to begin with, that the founders of the present national-bank note system frankly recog nized and avowed other purposes than the simple purpose of establishing a sound and elastic currency. They had in view two special considerations, each of which was of greater immediate importance in 1864 than elasticity in the currency, but neither of which is of vital importance at the present day. The two foremost problems of the Administration in 1864 were, first, to finance the civil war; second, to provide for the future cementing of the union of the States. This explains why, advocating in his report of 1862 a system of bank-note currency secured by government bonds, the Secretary of the Treasury set forth, as the chief advantages of such a system, that the negotiation of bond issues by the Government would be greatly facilitated; that it is not easy to appreciate the full advantages of such conditions to a government obliged to borrow; that it would reconcile, as far as practicable, the interests of existing institutions with those of the whole people; and that it would provide a firm anchorage to the union of the States. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Download or read book Money and Banking written by Horace White and published by Forgotten Books. This book was released on 2017-11-20 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Money and Banking: Illustrated by American History This ironbound currency would have come to a timely end by the payment of the national debt had not its adherents devised a scheme for extending, for some thirty years, $600, of bonds maturing in 1904, 1907, and 1908, thus putting an unnecessary burden of interest on the taxpayers and preventing the government from using its surplus to pay its debts. The existence of a growing surplus without such an outlet is a prolific source of demoralization, leading to ruinous extravagance in public expenditures. This is so grave a menace that one of the greatest blessings to the country possible at the present time would be a Treasury deficit. This blessing we are likely to find soon. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Download or read book The Reform of the Currency Classic Reprint written by Henry Raymond Mussey and published by Forgotten Books. This book was released on 2017-12-20 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Reform of the Currency Hence the national banks were bound to exercise some con trol over the business and especially the' issues of the local banks. Both of them did exercise such control. The means employed by both banks were identical, consisting, as Gallatin says, in receiving the notes of all those which are solvent, and requiring payment from time to time without suffering the bal anecs due by any to become too large. To do this the banks of the United States had to be creditors of the state banks. This they were enabled to be, first, because they received the government revenues as the depositaries of the goverment, and second, because of their possession of branches. As deposit aries of the government they received immense quantities of state bank paper. These were then presented to the state banks for payment. In case control was exercised by a branch, it was done by issuing the notes of the branch in the neighborhood of a state bank, and receiving state bank notes on deposit for these issues. The branch then presented the state bank notes to the issuing bank for redemption. In both cases, the state bank pos sessed no means of obtaining branch bank notes to anything like the amount necessary to act as a set-off to its own issues. The state banks were not receivers of the revenue, and they could not get possession of any considerable quantity of branch bank notes because these served as an excellent means of re mittance for individuals who wished to forward funds to other parts of the country. Persons holding state bank notes were always willing to exchange them for paper of the bank of the United States, while nobody wished to exchange notes of the United States bank for state bank notes. Consequently, the branches always had the means of checking the state banks. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.