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Gold Currency And Funded Debt Classic Reprint Paperback

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AuthorJ H Wainwright
LanguageEnglish
Edition NumberClassic Reprint
PublisherForgotten Books
Publication Date3-May-18
Book DescriptionExcerpt from Gold Currency and Funded Debt: A Letter to the Hon. Henry G. Stebbins, M. C of Committee of Ways and Means Turning now to the bill passed the other day, let us see whether my plan - that of February, '64, - does not accomplish all that the bill does, besides combining many advantages the present law does not admit of. The objects desired to be attained are three fold. To arrest the depreciation of the currency; to sustain and elevate the financial credit of the Government; to check the speculation in gold. These desiderata are so intimately associated, that they may be looked upon as integral parts of the same proposition. Depreciation of the currency injures the credit of the Government; speculation in gold depreciates the currency. To what extent will the bill passed over come either evil? The powers given the Secretary are two; he may anticipate the payment of interest, or he may sell the surplus gold. 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.
Number of Pages26
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Gold Currency And Funded Debt Classic Reprint Paperback

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