Excerpt from The Works of Alexander Hamilton, Vol. 4: Containing His Correspondence, and His Political and Official Writings, Exclusive of the Federalist, Civil and Military
Communicated to the House of Representatives, January 28, I79I.
The Secretary of the Treasury having attentively considered the subject referred to him by the order' The chief interest of this very able report centres in the discussion of the comparative merits of a double or single standard. Hamilton decides in favor of the former, and his argument has a very present and immediate value. It is needless to say that he, of course, did not favor the overvaluation of one metal, but wished as exact an equality as possible to be maintained between gold and silver.
Of the House Of Representatives, Of the fifteenth of April last, relatively to the establishment Of a mint, most respectfully submits the result Of his inquiries and reflections.
A plan for an establishment Of this nature ih volves a great variety Of considerations - intricate, nice, and important. The general state Of debtor and creditor; all the relations and consequences Of price; the essential interests Of trade and industry; the value Of all property; the whole income, both Of the state and Of individuals, are liable to be sensibly influenced, beneficially or otherwise, by the judicious or injudicious regulation Of this interesting Object.
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Paperback. Zustand: New. Print on Demand. This book explores the establishment of a national mint and coinage system in the United States. The author, an expert in economics and finance, delves into the intricacies of monetary policy, examining the relationship between gold and silver, the proportion and composition of alloy in each metal, and the role of coinage in a nation's economy. The book also discusses the impact of foreign coins on domestic currency and the potential benefits and drawbacks of a national coinage system. Its thoughtful analysis and insights will be of interest to historians, economists, and anyone interested in the development of the American monetary system. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781330980651_0
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330980651
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