Download A Short History of Paper-Money and Banking in the United by William M. Gouge PDF

By William M. Gouge

This is often a precise replica of a booklet released ahead of 1923. this isn't an OCR'd booklet with unusual characters, brought typographical error, and jumbled phrases. This e-book could have occasional imperfections similar to lacking or blurred pages, terrible photos, errant marks, and so on. that have been both a part of the unique artifact, or have been brought by way of the scanning procedure. We think this paintings is culturally vital, and regardless of the imperfections, have elected to convey it again into print as a part of our carrying on with dedication to the protection of revealed works around the globe. We have fun with your realizing of the imperfections within the renovation procedure, and wish you get pleasure from this invaluable e-book.

Show description

Read Online or Download A Short History of Paper-Money and Banking in the United States: Including an Account of Provincial and Continental Paper-Money. to Which Is Prefixed, an Inquiry Into the Principles of the System PDF

Best banks & banking books

World Bank Support for Capacity Building in Africa: An OED Evaluation (Operations Evaluation Studies)

African nations have to enhance the functionality in their public sectors in the event that they are going to accomplish their ambitions of progress, poverty aid, and the supply of higher companies for his or her electorate. among 1995 and 2004, the financial institution supplied a few $9 billion in lending and shut to $900 million in delivers and administrative funds to help public region means construction in Africa.

Weltkrieg der Währungen: Wie Euro, Gold und Yuan um das Erbe des Dollars kämpfen

Die Explosion der Schulden im Westen und der Aufstieg Chinas im Osten schaffen eine hochbrisante Konstellation: Schleichend verliert der greenback seinen prestige als Leitwährung. Der Euro kämpft, von Interessenkonflikten zerrieben, ums nackte Überleben. Zugleich setzt Peking seine "Volkswährung" Yuan als Waffe ein, um zur alles beherrschenden ökonomischen Supermacht aufzusteigen.

International Money and Finance, Eighth Edition

Its high-level viewpoint at the worldwide economic climate differentiates this advent to overseas finance from different textbooks. Melvin and Norrbin supply crucial info when you search employment in multinational industries, whereas opponents specialize in normal financial instruments and fiscal administration talents.

Additional resources for A Short History of Paper-Money and Banking in the United States: Including an Account of Provincial and Continental Paper-Money. to Which Is Prefixed, an Inquiry Into the Principles of the System

Example text

The Banks are scattered through nearly all the States and Territories which cornposp. our UnIOn; but they may all be embraced in one view, inasmuch as they all substilute paper for specie, and credit for cash, and are all endowed with privileges which individuals do not possess. By their various operations, immediate and remote, they must affect, for good or for evil, every individual in the country. Banking is not a local, temporary, or occasional cause. It is general and permanent. Like the atmosphere, it presses every where.

We do, indeed, say that "money is scarce, or lnoney is plenty," but what we Inean thereby is, that loanable capital is scarce or abundant. With the great body of men, money, and the material of which it is composed, are always scarce: and must continue scarce, as long as they want those things which money can procure. From the durability of silver, and its other physical properties, from the steadiness and universality of the demand for it, and from the small proportion the annual supply hears to the stock on hand, it appears to unite all the qualities that can reasonably be desired in a commercial standard of value.

Each of these three kinds of mediums has its specific uses; and each is, as an auxiliary of gold and silver money, productive of great benefit. A clear view of their operations is necessary, for the distinction between the representative3 of private credit, and of bank credit, is as important as the distinction between genuine money and spurious. Leger entries, promissory notes, and bills of exchange, agree with money in being a medium by which valuables are circulated. 'They differ from it in being evidences of debt owing by one man to another-which money is not.

Download PDF sample

Rated 4.63 of 5 – based on 15 votes