Considerations on the Currency and Banking System of the United States PDF Download
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Author: Albert Gallatin
Publisher: Philadelphia : Carey & Lea
ISBN:
Category : Banks and banking
Languages : en
Pages : 120
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Book Description
Author: Albert Gallatin
Publisher: Philadelphia : Carey & Lea
ISBN:
Category : Banks and banking
Languages : en
Pages : 120
Get Book Here
Book Description
Author: Albert Gallatin
Publisher: Forgotten Books
ISBN: 9780265388884
Category : Business & Economics
Languages : en
Pages : 110
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Book Description
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.
Author: Albert Gallatin
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: Albert Gallatin
Publisher: Rarebooksclub.com
ISBN: 9781230180588
Category :
Languages : en
Pages : 48
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Book Description
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.
Author: Victor Morawetz
Publisher: Forgotten Books
ISBN: 9780265368084
Category : Business & Economics
Languages : en
Pages : 128
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Book Description
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.
Author: Albert Gallatin
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: William Lawrence Royall
Publisher: Forgotten Books
ISBN: 9780331581164
Category : Political Science
Languages : en
Pages : 72
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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.
Author: John Stuart-Wortley Baron Wharncliffe
Publisher:
ISBN:
Category : Currency question
Languages : en
Pages : 36
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Author: James Gallatin
Publisher: Forgotten Books
ISBN: 9780265176627
Category : Business & Economics
Languages : en
Pages : 70
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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.
Author: John Thom Holdsworth
Publisher: Forgotten Books
ISBN: 9781528150583
Category : Business & Economics
Languages : en
Pages : 452
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Book Description
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.
