A Short History of Paper Money and Banking in the United States, Including an Account of Provincial and Continental Paper Money

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Excerpt from A Short History of Paper Money and Banking in the United States, Including an Account of Provincial and Continental Paper Money: To Which Is Prefixed an Inquiry Into the Principles of the System A brief exposition of the principles of Banking, was all that the writer originally intended to give. In the first draft of the work, the historical sketch was part of a chapter. It has been extended to its present length, from a belief that a tolerably full account of incidents in the History of American Banking would be acceptable to the reader. If additional illustrations of the nature of the system were wanted, they might be derived from its history in Great' Britain. These, our limits will not permit us to introduce. We have, however, room for a sketch of _the changes of opinion that have taken place in that country, in regard to paper money. Mr. Joplin, in his History of the' Currency Question, after collating different passages in the treatise on The Wealth of Nations, gives the following as a summary of the views of Adam Smith. 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.