The Natural Law of Money

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Jazzybee Verlag, 1969 - 74 pages
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This textbook is successful where Jevons falls. The author illustrates the evolution of money and credit by reference to the monetary history of this country, the salient features of which he points out. . . . The prevailing idea of the author is his opposition to any legal-tender law. He pleads for free as opposed to mandatory money. In applying this to our own condition, he presents in strong colors the arguments for a bank-note currency as against a government paper currency. . . . The broad standpoint the author occupies in discussing the currency problems, and the emphasis he places on credit and its extension, that is. on the close connection between the money and the banking problem, gives the book a peculiar value. Everything is centred about the distinction between an artificial and a natural monetary system.

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Contents

THE BEGINNING OF MONEY
4
BIMETALLISM AND MONOMETALLISM
12
PAPERMONEY AND BANKING
29
PAPERMONEY IN COLONIAL TIMES
38
THE MONETARY SYSTEM OF CANADA AS CONTRASTED WITH THAT OF THE UNITED STATES
46
MONEY CAPITAL AND INTEREST
53
MANDATORY MONEY AND FREE MONEY
59
THE HOARDING PANIC OF JULY 1893
68
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