First published 1858
A Treatise on Metallic and Paper Money and Banks
A Treatise on Metallic and Paper Money and Banks by John Ramsay McCulloch is available as a free PDF and EPUB download at freecapitalists.org.
- John Ramsay McCulloch
- First published
- 1858
- Format
- PDF and EPUB
- Pages
- 82
- Publisher
- Edinburgh: Adam and Charles Black, 1858; Online Library of Liberty edition
- License
- Public domain by publication date.
An encyclopedia-length essay by McCulloch, written for the Encyclopaedia Britannica and published separately in 1858. It covers gold and silver money, convertible and inconvertible paper, private banks, and a brief history of banking in England, France, Scotland, Ireland, and the United States, from the viewpoint of a hard-money classical economist.
What's in it
24 chapters · 81,942 words · free to read here
- CONTENTS.
- Sect. I.—: Circumstances which led to the use of Money. Principal properties which all Commodities used as such ought to possess. Metallic Money not a Sign or a Measure of Value, but a real Equivalent.
- Sect. II.—: Circumstances which Regulate the Exchangeable Value of Money.
- Sect. III.—: A Moderate Seignorage on Coined Money advantageous. Principles which should regulate its amount.1
- Sect. IV.—: Expense of a Currency consisting of the Precious Metals.
- Sect. V.—: How Paper is substituted for Coins, and its value maintained.
- Sect. VI.—: Whether Gold or Silver should be adopted as the Standard of the Currency, or whether it should consist of both.
- Sect. VII.—: Standard of Money. Duodecimal and Decimal systems of dividing Coins. Degradation of Coins in Rome, France, Great Britain, and other countries. Effects of this degradation.
- TABLES RELATIVE TO THE MONEY OF GREAT BRITAIN AND OTHER COUNTRIES.
- Sect. I.—: General Principles in regard to Paper-Money.
- Sect. II.—: Banks of Deposit and Banks of Issue. Principles on which they are established.
- Sect. III.—: Bank of England, Account of.
- Sect. IV.—: Private and Joint-Stock Banks.
- Sect. V.—: Act of 1844. Objections to and Defence of that Act. Suspensions of in 1847 and 1857.
- Sect. VI.: Management of the Bank of England.
- TABLES exhibiting a View of the Issues, Securities, Bullion, &c., of the Bank of England, and of the Joint-Stock and Private Banks in England and Wales.
- Sect. VII.—: Banks (Scotch).
- Sect. VIII.—: Banking in Ireland.
- Sect. IX.—: Banks of Venice, Amsterdam, &c.
- Sect. X.—: The Bank of France,
- Sect. XI.—: Banking in the United States.
- About Liberty Fund
- The Online Library of Liberty
- Copyright Information
Community
Discuss this book
No thread on Mises Community names this book yet. Start one.
Keep reading
