A history of american currency
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A history of american currency
A History OF AmericanCurrencyWilliam Graham SumnerA HISTORYOFAmerican CurrencyWITH CHAPTERS OXTHE ENGLISH BANK RESTRICTIONAUSTRIAN PAPER MONEYBYWillia A history of american currencyam g. SumnerProfessor of Political o* Social Science ill Yale CollegeTO WHICH IS APPENDED“THE BULLION REPORTNEW YORKHENRY HOLT AND COMPANYEntered according to Act of Congress, in the year 1874, by HENRY HOLT,In the Office of the Librarian of Congress, at Washington.Maclauchlan,QlnrAAh-nủi* rtti.i Pr A history of american currencyintin' *fc»l.11/1 tillV.XfW V/lfVPREFACE.-------T N the autumn of 1873 I published in the 1 Fi-nancier,” four or five short sketches of those portionsA history of american currency
of history which are most instructive in regard to doctrines of currency. The plan was to leave the historical facts to tell their own story without A History OF AmericanCurrencyWilliam Graham SumnerA HISTORYOFAmerican CurrencyWITH CHAPTERS OXTHE ENGLISH BANK RESTRICTIONAUSTRIAN PAPER MONEYBYWillia A history of american currencyith interest, and drew the inferences of which it seemed to be important that we should all be convinced. I was asked to re-pub-lish the sketches in permanent form. In acceding to this request, however, I desired to present these chapters of history more completely, and I determined also to incorpor A history of american currencyate with this project another plan which I had formed, viz., to edit the Bullion Report. Two of the articles referredivPREFACE.colonics, and the crisiA history of american currency
s of 1819. These have been expanded here into an outline sketch of the hiS’ tory of American currency. I regard the history of American finance and poA History OF AmericanCurrencyWilliam Graham SumnerA HISTORYOFAmerican CurrencyWITH CHAPTERS OXTHE ENGLISH BANK RESTRICTIONAUSTRIAN PAPER MONEYBYWillia A history of american currency and extensive research to do any justice to the subject. I hope, at some future time, to treat it as it deserves, and I should not now have published anything in regard to it, if I had not felt that it had, at this juncture, great practical importance, and that even a sketch might be more useful pe A history of american currencyrhaps than an elaborate treatise. It follows from this account of the origin and motive of the present work, that it docs not aim at any particular unA history of american currency
ity, but consists of three distinct historical sketches, united only by their tendency to establish two or three fundamental doctrines in regard to cuA History OF AmericanCurrencyWilliam Graham SumnerA HISTORYOFAmerican CurrencyWITH CHAPTERS OXTHE ENGLISH BANK RESTRICTIONAUSTRIAN PAPER MONEYBYWillia A history of american currencyans to New England, save that they carried money out of the realm. The earliest settlers carried very little; other forms of capital were more valuable to them, and they had no use for it, save in exchanges amongst themselves. Yet Winthrop wrote to his son, in 1630, especially to bring /"150 or /"20 A history of american currency0 in money. Later settlers brought money to exchange for cattle, seed, and other X.forms of capital which the first colonists had already accumulated.A history of american currency
In this form, the law that every community will have so much of the precious metals as it needs for its exchanges* vindicated itself in their case.* A History OF AmericanCurrencyWilliam Graham SumnerA HISTORYOFAmerican CurrencyWITH CHAPTERS OXTHE ENGLISH BANK RESTRICTIONAUSTRIAN PAPER MONEYBYWilliaA History OF AmericanCurrencyWilliam Graham SumnerA HISTORYOFAmerican CurrencyWITH CHAPTERS OXTHE ENGLISH BANK RESTRICTIONAUSTRIAN PAPER MONEYBYWilliaGọi ngay
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