The Essential Elements of a Monetary System
| Preis: | 11.95 EUR* (inkl. MWST zzgl. Versand - Preis kann jetzt höher sein!) |
| Versand: | 0.00 EUR Versandkostenfrei innerhalb von Deutschland |
| Partner: | buecher.de |
| Hersteller: | Forgotten Books (Widney, R. M.) |
| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from The Essential Elements of a Monetary System: Address Before the World´s Congress of Bankers and Financiers, Chicago, June, 1893 Since the accompanying address was prepared, financial events have rapidly evolved. The effect of the panic and stringency have demonstrated the insufficient supply of money. The closed industries and the tramping tens of thousands of unemployed seeking labor or food, forecast a great danger to the country. The laborer has nothing to sell but his labor, and the market for that is destroyed. No law requires him to starve. The consequence is apparent. The remedy lies exclusively in the hands of Congress. And Congress alone is responsible for the consequences. Had proper financial legislation been enacted in 1891 or 1892 the past damages would have been averted, and to-day the nation would be in the midst of prosperity. The conditions will grow worse until our financial system is reduced to a scientific system worthy of the intelligence of our nation. If our political parties will for a time stop trying to give each other a "black eye," and unite in a patriotic effort to benefit the people, by the best and speediest legislation possible, they will succeed in solving the problem and in hastening the day of national prosperity. 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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