trenarzh-CNnlitjarufaen

A
NEW BANKING SYSTEM:

THE
NEEDFUL CAPITAL FOR REBUILDING
THE BURNT DISTRICT.

By LYSANDER SPOONER.

BOSTON:
SOLD BY A. WILLIAMS & CO.
135 Washington Street.
1873.

Entered according to Act of Congress, in the year 1873.
By LYSANDER SPOONER,
in the office of the Librarian of Congress, at Washington.

Printed by
Warren Richardson,
112 Washington St


[Pg 3]

CONTENTS.

PAGE
Chapter I.—A New Banking System,5
Chapter II.—Specie Payments,12
Chapter III.—No Inflation of Prices,21
Chapter IV.—Security of the System,35
Chapter V.—The System as a Credit System,41
Chapter VI.—Amount of Currency Needed,48
Chapter VII.—Importance of the System to Massachusetts,59
Chapter VIII.—The True Character of the "National" System,70
Chapter IX.—Amasa Walker's Opinion of the Author's System,75

[Pg 4]

The reader will understand that the ideas presentedin the following pages admit of a much morethorough demonstration than can be given in sosmall a space. Such demonstration, if it shouldbe necessary, the author hopes to give at a futuretime.

      Boston, March, 1873.


[Pg 5]

CHAPTER I.

A NEW BANKING SYSTEM.

Under the banking system—an outline of which ishereafter given—the real estate of Boston alone—takenat only three-fourths its value, as estimated bythe State valuation[A]—is capable of furnishing threehundred millions of dollars of loanable capital.

Under the same system, the real estate of Massachusetts—takenat only three-fourths its estimatedvalue[B]—is capable of furnishing seven hundred andfifty millions of loanable capital.

The real e

...

BU KİTABI OKUMAK İÇİN ÜYE OLUN VEYA GİRİŞ YAPIN!


Sitemize Üyelik ÜCRETSİZDİR!