American Money (Classic Reprint)Excerpt from American Money The yearly coinage of silver dollars is about thirty-three millions. These, as fast as they can be put in circulation. Appear in the form of silver certificates. The amount of national bank notes has been declining. The high price of bonds, the decreasing quantity, and the low rate of interest has put a blight on the national bank system. And unless other (good?) securities are found to supply the place of United States bonds, the national banks as issuers of paper money will cease in the near future upon the extinction of the interest bearing public debt, if not before. 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. |
