Original Title Page and Dedication

A TREATISE

ON

CURRENCY AND BANKING.

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BY

CONDY RAGUET, LL.D.,

MEMBER OF THE AMERICAN PHILOSOPHICAL SOCIETY; PRESIDENT OF THE CHAMBER OF COMMERCE OF PHILADELPHIA; LATE CHARGE D’AFFAIRES OP THE UNITED STATES AT THE COURT OP BRAZIL, AND AUTHOR OF “THE PRINCIPLES OF FREE TRADE ILLUSTRATED.”

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“It is the interest, of every country that the standard of its money, once settled, should be inviolably and immutably kept to perpetuity. For whenever that is altered, upon whatever pretence soever, the public will lose by it.

“ Men in their bargains contract, not for denominations or sounds, but for the intrinsic value.—LOCKE ON MONEY.

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Second Edition.

PHILADELPHIA:

GRIGG & ELLIOT, BOOKSELLERS, No. 9 NORTH FOURTH STREET,

……………

1840.

Entered, according to act of congress, in the year 1839,

BY CONDY RAGUET,

In the office of the clerk of the District Court of the Eastern District

of Pennsylvania.

TO

CLEMENT C. BIDDLE, ESQ.

AS A MARK OF RESPECT,

DUE TO AN ENLIGHTENED POLITICAL ECONOMIST, AND

AS A TESTIMONIAL OF A FRIENDSHIP,

COMMENCED IN CHILDHOOD, CONTINUED WITHOUT INTERRUPTION FOR MORE THAN FORTY YEARS, AND STRENGTHENED BY A HARMONY OF OPINION ON MOST OF THE POLITICAL SUBJECTS THAT HAVE OF LATE DIVIDED THE PEOPLE OF THE

UNITED STATES,

AND ESPECIALLY ON THOSE OF

CURRENCY AND BANKING,

THIS WORK IS, WITH SENTIMENTS OF THE

MOST AFFECTIONATE REGARD,

DEDICATED BY

THE AUTHOR.