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Journal of Social Science (Volume 6) (Paperback) Loot Price: R242
Discovery Miles 2 420
Journal of Social Science (Volume 6) (Paperback): American Social Science Association
Journal of Social Science (Volume 6) (Paperback): American Social Science Association

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Journal of Social Science (Volume 6) (Paperback)

American Social Science Association

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Loot Price R242 Discovery Miles 2 420

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Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: the Treasury Department, the representative of the Rothschilds, at Berlin, Herr Bleichrbder (a man since celebrated as the financial adviser of Prince Bismarck), said to me that if things went smoothly in the United States for a couple of years, he had no doubt his house would be willing to take two hundred millions of our bonds at five per cent. Remember that this conversation occurred less than two months after the surrender of Lee, and that this clearsighted financier anticipated the exact operations of the syndicate, which did not take place till more than four years afterward. The reception of the veto at the West shows how sadly misrepresented that vast and powerful section of our country has been in respect to inflation. The great constituency of repudiators who have frightened so many Western Congressmen out of all sincerity of opinion or action on the finances, is found not to exist. The Western farmer has proved a better political economist than his representatives. He is beginning at last to understand, that a section of country which sells its great staples at prices fixed in hard-money countries cannot longer afford to encourage the maintenance of a currency which adds largely to the price of all it has to buy. Having, in fact, returned to a specie basis in its own commerce, the West is above all other sections interested in forcing the whole country back to the same standard. How to return to specie payments is, of course, a most difficult problem; but if all the country were agreed, it would not be difficult to take steps in that direction. The example of France in her recent troubles is worthy of careful study and of imitation. No such burdens were ever so successfully borne; no such difficulties ever so quickly surmounted. Two things have chiefly contributed t...


Imprint: General Books LLC
Country of origin: United States
Release date: 2012
First published: 2012
Authors: American Social Science Association
Dimensions: 246 x 189 x 5mm (L x W x T)
Format: Paperback - Trade
Pages: 160
ISBN-13: 978-0-217-85696-6
Barcode: 9780217856966
Categories: Books
LSN: 0-217-85696-9

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