Lower Our Standard? Never PDF ePub eBook

Books Info:

Lower Our Standard? Never free pdf Excerpt from Lower Our Standard? Never I thank God that the press of this country is open for a free discussion of all important subjects. I grieve to disagree with some of my good friends, but I yield to no man in patriotism, therefore as I am not hunting for office I do not fear to charge some of the leaders of the great American Bankers' Association with side tracking free discussion of the all important currency question at the last annual meeting in St. Louis. Although open discussion was announced upon the program for Wednesday and also on Thursday, all discussion was postponed from Wednesday to Thursday except two addresses, both favoring asset currency, and then from Thursday to Friday as a special order at 10 A. M. Even then two addresses on other subjects filled the period 'till 11 A. M., and because the Association was to adjourn at 1 P. M. discussion was limited to five minutes for each speaker. How could any one expect anything like an intelligent or free discussion of this topic under such conditions? From free comments on the part of members on every hand during the convention, one could draw no other conclusion than that the perpetuation of place and power for the insiders rose higher than weighty matters of great import to the nation. The wire pulling could almost out-Tammany Tammany. It did not cease after the convention adjourned, but packed a currency committee which brought forth what consistently can be called a wild cat currency plan that Congress would not swallow. Perhaps the members of Congress had been listening to the ground-swell against the heresy of an unsecured currency. Perhaps they had been reading the history of the distressing results of the issue of credit or asset currency by banks generally during the 18th and even pass the middle of the 19th century, the issue of which seemed somewhat excusable as the best known substitute for the beads, skins, bullocks, etc., of earlier days, and further, because of lack of coin as a medium of exchange and apparent necessity to issue credit currency to supply fictitious capital in the absence of deposits which represent actual surplus capital. I. O. U's. are not capital according to the testimony of all sound political economists. The calamitous results of credit currency banking up to a century ago brought about a campaign of education which was waged for many years 'till the celebrated bullion report of 1810 in Great Britain clarified the atmosphere there materially- but she did not get over serious currency troubles until 1844. That campaign doubtless raised the standard of currency issues by a general demand for a secured currency based on bonds, stocks, mortgages, etc.. 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.

About Andrew Jay Frame

However, at this time we simply can't supply you with specifics of this Publisher Andrew Jay Frame. But this does not always mean that any of us do not work on the series. We all question that you simply assist us within this issue. Should you have sparetime and desire will immensely value if you give us your data. As soon as acquiring these feedback and information via end users with regards to the Lower Our Standard? Never Manager Andrew Jay Frame, most of us 1st the woman's check. The moment all of us ensure that most true, simply article this. We see why assist in addition to thank you in advance.

Details Book

Author : Andrew Jay Frame
Publisher : Forgotten Books
Data Published : 27 September 2015
ISBN : 1330932560
EAN : 9781330932568
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 24 pages
Age + : 15 years
Language : English
Rating :

Reviews Lower Our Standard? Never



17 Comments Add a comment




Related eBooks Download


  • Day-Trading the Currency Market free pdfDay-Trading the Currency Market

    Written by Kathy Lien - chief strategist for the number one online currency broker in the world. "Day Trading the Currency Market" reveals a variety of technical and fundamental profit-making strategies for trading the currency market..


  • The Currency Transaction Tax free pdfThe Currency Transaction Tax

    The Currency Transaction Tax (CTT) is a proposed worldwide tax on all currency traded across national borders. It is gaining popularity among governments looking for ways to pay for international development and projects addressing global issues such as public health and climate change..


  • History of the Monetary Legislation and of the Currency System of the Unite ... free pdfHistory of the Monetary Legislation and of the Currency System of the Unite ...

    Excerpt from History of the Monetary Legislation and of the Currency System of the United States: Embracing Rare and Invaluable Documents- To Which Is Added a Speech on Our Currency System "When the mariner has been tossed for many days in thick weather and on an unknown sea..


  • History free pdfHistory

    Excerpt from History: Legal Tender Paper Money Issued During the Great Rebellion. Loan Without Interest and a National Currency About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books..


  • The International Payments and Monetary System in the Integration of the So ... free pdfThe International Payments and Monetary System in the Integration of the So ...

    Economic cooperation between the CMEA countries is implemented according to the monetary and financial regulations worked out collectively. The regulations cover the organizational structure of international settlements- the choice of currency for settlements- the principles of international credit transactions- the determination ofthe exchange rate of the currency used in international settlements to national currencies and to convertible currencies outside the CMEA- the principles and rules ofinternational exchange and transfers- mIes for the currency allotments of citizens (roles of international transfers for citizens)..


  • Lower Our Standard? Never free pdfLower Our Standard? Never

    Urdu Books Download. Excerpt from Lower Our Standard? Never I thank God that the press of this country is open for a free discussion of all important subjects. I grieve to disagree with some of my goo