Author: Charles K. BackusPublisher:
ISBN:
Category : Bonds
Languages : en
Pages : 78
Book Description
The Contraction of the Currency
Author: Charles K. BackusPublisher:
ISBN:
Category : Bonds
Languages : en
Pages : 78
Book Description
The Contraction of the Currency
Author: Charles K. BackusPublisher:
ISBN:
Category : Currency question
Languages : en
Pages : 80
Book Description
The Contraction of the Currency
Author: Charles K BackusPublisher: Legare Street Press
ISBN: 9781019794999
Category :
Languages : en
Pages : 0
Book Description
This book provides readers with an in-depth look at the issue of currency contraction during the late 19th century. The author argues that the contraction of currency had a negative impact on the economy and that policies should be implemented to prevent such a contraction from happening again. Drawing on economic theory and historical data, this text is an essential read for anyone interested in the history of finance and economic policy. 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. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
The Contraction of the Currency
Author: C. K. BackusPublisher:
ISBN: 9781332325511
Category : Business & Economics
Languages : en
Pages : 72
Book Description
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 is 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. The tables, and the analysis of them, which forms the most important part of this pamphlet, was prepared by Mr. C. K. Backus, editor of the Detroit Post and Tribune, Though brief, its preparation was no short or easy task, as it condenses a mass of valuable information, for which the compiler had to search through many volumes of Statutes and official reports. Its statements have been carefully compared with the original and official documents, and in every case found correct. So that unless typographical errors may occur it can be absolutely relied upon. 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.
The Great Contraction, 1929-1933
Author: Milton FriedmanPublisher: Princeton University Press
ISBN: 0691137943
Category : Business & Economics
Languages : en
Pages : 298
Book Description
This volume argues that the Federal Reserve could have stemmed the severity of the Depression, but failed to exercise its role of managing the monetary system and ameliorating banking panics.
The Contraction of the Currency - Scholar's Choice Edition
Author: Charles K BackusPublisher: Scholar's Choice
ISBN: 9781297231155
Category :
Languages : en
Pages : 68
Book Description
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 was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. 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.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
The Contraction of the Currency; an Argument Founded on Figures and Quotations from Official Reports, and Proving That Circulating Medium of the Count
Author: Charles K. BackusPublisher: Rarebooksclub.com
ISBN: 9781230159263
Category :
Languages : en
Pages : 32
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. 1878 edition. Excerpt: ...and subscriptions for such notes may be received from all persons who may desire to subscribe, any law to the contrary notwithstanding; and if a larger amount shall be subscribed in the aggregate than is required at one time, the Secretary of the Treasury is authorized to receive the same, should he deem it advantageous to the public interest; and if not, he shall accept the amount required by giving the preference to the smaller subscriptions; after providing for compensation for the officers receiving subscriptions, and for the receipt of the moneys realized therefrom, the act continues: And the Secretary of the Treasury is also authorized, if he shall deem it expedient, before" opening books of subscription as above provided, to exchange for coin, or pay for public dues or for Treasury notes of the issue of 23d of December, 1857, and falling due on the 30th of June, 1861, or for Treasury notes issued and taken in exchange for such notes, any amount of said Treasury notes for $50 or upwards, not exceeding $100,000,000. Sec. 4 provides that proposals for the loan shall be published, and the most favorable offers accepted, but at not less than par. Sec. 5 provides that a portion of this loan not exceeding $100,000,000 may be negotiated in a foreign country, and prescribes the regulations therefor. Sec. 6. That whenever any Treasury notes of a denomination less than $50, authorized to be issued by this act, shall have been redeemed, the Secretary of the Treasury may reissue the same or may cancel them and issue new notes to an equal amount: Provided, That the aggregate amount of bonds and Treasury notes issued under the foregoing provisions of this act shall never exceed the full amount authorized by the first section of this act; and...
Remarks on the Contraction of the Currency
Author: Lucius Eugene ChittendenPublisher:
ISBN:
Category : Currency question
Languages : en
Pages : 30
Book Description
Resumption of Specie Payments
Author: Robert Treat PainePublisher:
ISBN:
Category : Currency question
Languages : en
Pages : 80
Book Description
There Has Been No Contraction of the Currency Since 1873
Author: William Crowninshield EndicottPublisher:
ISBN:
Category : Currency question
Languages : en
Pages : 10
Book Description