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The Contraction of the Currency (Classic Reprint): An Argument Founded on Figures and Quotations from Official Reports, and Proving That the ... Diminished Since 1861 (Classic Reprint) - Tapa blanda
Sinopsis
Understand the currency question through official data and measured analysis. This nonfiction work examines how the money supply has changed since the Civil War era, using tables, reports, and statutes to separate fact from rumor. It aims to offer clear, verifiable information to help readers judge the real size of currency in circulation.
The book compiles a concise history of U.S. currency laws and the moments when money supply decisions shaped the economy. It emphasizes careful, document-based analysis over sensational claims, with an eye toward practical understanding for informed readers.
- Clear explanations of key laws and how they affected currency issues after 1861
- Official figures and quotations that illustrate trends in the money supply
- Guidance on reading financial data without relying on hype or rumor
Ideal for readers of economic history and anyone seeking a grounded, data-driven view of currency policy.
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Reseña del editor
Excerpt from The Contraction of the Currency: An Argument Founded on Figures and Quotations From Official Reports, and Proving That the Circulating Medium of the Country Has Not Been Materially Diminished Since 1861
There has never been a question before the American people of more importance to them than that of the currency, And it is safe to say that there is no question in which the people are more easily deluded by the fallacies of wild theorists or 'the sophistries of political demagogues. And there 15 no part of this important subject upon which people are so easily misled, as upon the influence of the amount of currency in circulation upon the business of the country and on no part of the subject does more erroneous opinions prevail than in regard to the amounts of currency in circulation at the present time, and at different times in the past. The object of the Honest Money League is to disseminate correct information on all such questions. It, therefore, presents the following tables and analysis, being sure that they are correct, with the hope that their circulation will counteract, to some extent, the gross misrepresentations which have been put in circulation, either by misinformed or reckless persons.
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.
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The Contraction of the Currency (Classic Reprint)
Impresión bajo demandaLibrería: Forgotten Books, London, Reino Unido
Calificación del vendedor: 5 de 5 estrellas
Paperback. Condición: New. Print on Demand. This important, thoroughly referenced study directly refutes the common misconception that there was an enormous contraction of the currency after the Civil War. It is established here unequivocally, by meticulously tracing the history of every item in the public debt between 1860 and 1878, that there was instead a significant increase in the money supply. This study demolishes the oft-repeated claim that the currency was reduced by retiring two billion dollars of temporary loans; the author proves that the temporary loans were not retired at all, but instead were redeemed at maturity and replaced with longer-term bonds. The author further counters each and every argument presented by the proponents of the currency contraction theory, backing up his rebuttals with numerous contemporaneous documents, many of them from officials who had intimate knowledge of the financial circumstances of the time. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Nº de ref. del artículo: 9781332325511_0
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The Contraction of the Currency An Argument Founded on Figures and Quotations From Official Reports, and Proving That the Circulating Medium of the Diminished Since 1861 Classic Reprint
Librería: PBShop.store US, Wood Dale, IL, Estados Unidos de America
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PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781332325511
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The Contraction of the Currency An Argument Founded on Figures and Quotations From Official Reports, and Proving That the Circulating Medium of the Diminished Since 1861 Classic Reprint
Librería: PBShop.store UK, Fairford, GLOS, Reino Unido
Calificación del vendedor: 5 de 5 estrellas
PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781332325511
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