A History Of Modern Banks Of Issue PDF Download

Excerpt from A History of Modern Banks of Issue The declaration made in the first edition of this work, published in 1896, that financial and economic subjects promised to be "the paramount issues of American politics for many years to come," has been verified by events. While the United States have taken some long steps in the direction of a sound monetary system, the question of a proper banking currency still remains unsettled and is at this moment under investigation by a special commission authorized by Congress. It seems proper, therefore, that a summary of the experience of the world in banking should be presented to the public which includes the events of the past twelve years as well as those of earlier times. The fact stated in the preface to the first edition, that there is no work in English covering exactly the ground covered by Modern Banks of Issue, has remained substantially true. One larger and more elaborate work, written by different authors, and a few bald summaries of facts and statistics have been published, but, apart from these, there is no other volume which brings together in connected and accessible form the record of the banking experiences of the world. Important events have taken place in both banking and political history during the past twelve years. The United States have become competitors for the commercial empire, of the Orient to a degree which has justified much more extended accounts than were given before of banking and currency conditions in Oriental countries. 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.