9781334472718 - The Late Prosperity, and the Present Adversity of the Country, Explained: The Proper Remedies Considered, and the Comparative Merits of the English ... of Banking D... (3 resultados)

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condición: New. Print on Demand. This book presents a series of letters exploring the causes of the Panic of 1825 in Great Britain and the subsequent economic crisis. The author argues that the Panic was not caused by psychological panic but was the inevitable result of trying to enforce the return to the ancient gold standard, specifically that the general range of prices which had been raised as above described, to about the War level, being all measured in Ounces of Gold, at £3 17 lOisd. of price to one ounce of Gold, the consequence was, that Foreign Nations began to purchase less of our manufactures and commodities, and thus our exports began to fall off comparatively. 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.