Money Found: Recovered From Its Hiding-Places, and Put Into Circulation Through Confidence in Government Banks

Excerpt from Money Found: Recovered From Its Hiding-Places, and Put Into Circulation Through Confidence in Government Banks

No apology is necessary for the writing of this book. There come periods when money goes into hiding and business of all kinds is depressed. It is then that the workman is discharged and the people who are compelled to go into enforced idleness are obliged to sell, in order to maintain existence, their properties at a great reduction in value, while the people who have money at command at these times, buy at their own price and thus rapidly increase their fortunes.

Like the arrival of a pestilence among the ignorant and savage nations, the people have come to regard these periods of business depression as inevitable, and during the seasons of financial panic stand in mute wonderment at the general prostration of business, feeling themselves powerless to avert the calamity.

The writer of this is clear in his convictions that these conditions need not exist; that the cause is easily understood, and the remedy for this disturbance may be as easily applied. Under these circumstances duty demands the writing and the publishing of this book.

Full in the belief that the general public will accept the theory here advanced and that its practical application will be beneficial to the people, this work is given to the public.

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