Author: James S. Pike

Publisher:

Published: 2016-06-26

Total Pages: 60

ISBN-13: 9781332779819

Excerpt from The Restoration of the Currency The process is most natural and inevitable, if we are ever to return to specie. But it turns out, as everybody of any thought knew it. Must turn out, that the process of contraction is not so easy nor so profitable as the process of in ation. And, although the contraction has not proceeded so far as to reduce the premium on specie, gold being worth as much in paper as it was a year ago. Yet a great outcry is raised that the business of the country is being ruined by the process. The evidence of this being found in falling markets and general stagnation. 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."