Report From the Secretary of the Treasury (in Compliance With a Resolution of
Language: English
Published by Forgotten Books, 2024
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
£ 14.52
Quantity: Over 20 available
Add to basketItem description from seller
Print on Demand. This book examines how governments and economics have sought to control the flow and value of gold and silver throughout history. The author traces the attempts to maintain the value of coins by regulating their content and the relative value of gold to silver, and shows how these attempts often failed. The complexities of monetary policy and economics in the book add depth and nuance to the discussion. The book concludes that trying to fix the value of gold and silver is ultimately futile and counterproductive, and that the best approach is to adopt a single standard measure of property. 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.
Seller Inventory # 9780366898558_0
- Title
- Report From the Secretary of the Treasury (in Compliance With a Resolution of
- Author
- Samuel D. Ingham
- Publisher
- Forgotten Books
- Publication year
- 2024
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 0366898558
- ISBN 13
- 9780366898558
- Seller catalogs
- Economics
It may be said that it is better to pay interest than to drain the channels of currency. This might be the case if there were no other relief or safe remedy for overtrading. But it should be observed that a demand for the precious metals to pay debts stimulates increased exertions to procure them wherever they are to be found. Hence a supply, except in extraordinary cases, will be generally furnished. But when the disposition to overtrade continues, and the specie is withdrawn from the banks to pay debts abroad, the banks, if well conducted, will abstain from discounting new. Paper, or ex tending the means of contracting further debts; thus curing the diseased apa petite by low diet. And the more readily specie can be applied to these payments abroad, the more vigilant the banks are obliged to be in interpos ing this check. Hence there is less danger of their making excessive issues' of paper beyond'their' Specie means, which are a sure test for the real wants of the country, wherever wants are regulated by the ability to pay.
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.
"Synopsis" may belong to another edition of this title.
Forgotten Books
London, United Kingdom
AbeBooks seller since June 2, 2021
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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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FB &c Ltd
Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR
Terms of sale
Forgotten Books publishes hundreds of thousands of rare and classic books.
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.
This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.
The digital edition of all books may be viewed before purchase if you request a sample.
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