Public Debts

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Excerpt from Public Debts: An Essay in the Science of FinanceThe author desires to make public recognition of the assistance rendered to him by the late Mr. Raphael A. Bayley, of the Department of Warrants in the United States Treasury, in placing at his disposal certain manu scripts upon questions pertaining to public indebtedness. He also desires to acknowledge the in¿uence of M. Leroy Beaulieu's masterly work upon the Science of Finance in giving shape to some of the arguments found in the fol lowing pages.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis 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.