The Contraction of the Currency (Classic Reprint): An Argument Founded on Figures and Quotations from Official Reports, and Proving That the ... Diminished Since 1861 (Classic Reprint) - Softcover
Synopsis
Understand the currency question through official data and measured analysis. This nonfiction work examines how the money supply has changed since the Civil War era, using tables, reports, and statutes to separate fact from rumor. It aims to offer clear, verifiable information to help readers judge the real size of currency in circulation.
The book compiles a concise history of U.S. currency laws and the moments when money supply decisions shaped the economy. It emphasizes careful, document-based analysis over sensational claims, with an eye toward practical understanding for informed readers.
- Clear explanations of key laws and how they affected currency issues after 1861
- Official figures and quotations that illustrate trends in the money supply
- Guidance on reading financial data without relying on hype or rumor
Ideal for readers of economic history and anyone seeking a grounded, data-driven view of currency policy.
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The Contraction of the Currency (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This important, thoroughly referenced study directly refutes the common misconception that there was an enormous contraction of the currency after the Civil War. It is established here unequivocally, by meticulously tracing the history of every item in the public debt between 1860 and 1878, that there was instead a significant increase in the money supply. This study demolishes the oft-repeated claim that the currency was reduced by retiring two billion dollars of temporary loans; the author proves that the temporary loans were not retired at all, but instead were redeemed at maturity and replaced with longer-term bonds. The author further counters each and every argument presented by the proponents of the currency contraction theory, backing up his rebuttals with numerous contemporaneous documents, many of them from officials who had intimate knowledge of the financial circumstances of the time. 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. Seller Inventory # 9781332325511_0
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The Contraction of the Currency An Argument Founded on Figures and Quotations From Official Reports, and Proving That the Circulating Medium of the Diminished Since 1861 Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332325511
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The Contraction of the Currency An Argument Founded on Figures and Quotations From Official Reports, and Proving That the Circulating Medium of the Diminished Since 1861 Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332325511
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