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Report and Accompanying Documents of the United States Monetary Commission, Organized Under Joint Resolution of August 15, 1876, Vol. 1 (Classic Reprint)




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Hersteller:Forgotten Books (Commission, United States; Monetary)
Stand:2015-08-04 03:50:33

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Excerpt from Report and Accompanying Documents of the United States Monetary Commission, Organized Under Joint Resolution of August 15, 1876, Vol. 1 The resolution creating the commission and defining its duties was as follows: Resolved by the Senate and House of Representatives, That a commission is hereby authorized and constituted, to consist of three Senators, to be appointed by the Senate; three members of the House of Representatives, to be appointed by the Speaker; and experts, not exceeding three in number, to be selected by and associated with them; with authority to determine the time and place of meeting, and to take evidence, and whose duty it shall be to inquire - First. Into the change which has taken place in the relative value of gold and silver; the causes thereof, whether permanent or otherwise; the effects thereof upon trade, commerce, finance, and the productive interests of the country, and upon the standard (of) value in this and foreign countries; Second. Into the policy of the restoration of the double standard in this country; and, if restored, what the legal relation bet ween the two coins, silver and gold, should be; Third. Into the policy of continuing legal-tender notes concurrently with the metallic standards, and the effects thereof upon the labor, industries, and wealth of the country; and Fourth. Into the best means for providing for facilitating the resumption of specie payments. The commission as organized consisted of Messrs. John P.Jones, Lewis V. Bogy, and George S. Boutwell of the Senate, Messrs. Randall L. Gibson, George Willard, and Richard P.Bland of the House of Representatives, Hon. William S. Groesbeck, of Ohio, and Prof. Francis Bowen, of Massachusetts. George M.Weston, of Maine, was appointed secretary. The sessions of the commission were held in the city of New York until the re-assembling of Congress in December last. They have since been held in the city of Washington. Immediately after the creation of the commission, circulars were issued to bankers, publicists, and commercial men in this country, and to eminent financial authorities in Europe, and (through the State Department) to the representatives of the United States in foreign countries. These circulars contained interrogatories which were intended to elicit the widest possible information upon all the topics covered by the resolution of August 15, 1876.The chambers of commerce in the leading cities in this country were invited to furnish, and did furnish, lists of the persons most likely to be able to give information. 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.


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