This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1896 Excerpt: ...radical or durable had been accomplished, even in the oldest States, before the civil war, toward the solution of the problems presented by banks of issue. All through the first half of the century the popular temper oscillated between mania for banks and rage against them; so much so that it would be impossible to say ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1896 Excerpt: ...radical or durable had been accomplished, even in the oldest States, before the civil war, toward the solution of the problems presented by banks of issue. All through the first half of the century the popular temper oscillated between mania for banks and rage against them; so much so that it would be impossible to say whether the popular party has been a bank party or an anti-bank party. The fickleness of the popular temper has been more manifested in connection with this subject than any other. The history of banks in the United States for seventy-five years before the national banks were established covers experiments in issuebanking wider, more various, more numerous, and more thorough than can be found in any or all other countries put together. There are few notions or vagaries connected with the subject which have not been tried here. The opinionated crank, ready to sacrifice the industrial prosperity of a commonwealth for years in order to try a whim which he has adopted, has had his way here again and again. If upon a review of the history one single merit can be ascribed to the local bank system the present writer does not know what it is. The national banks have existed already nearly half as long as the period of experiment just mentioned. We have indeed heard, from time to time, denunciations of those banks and loose assertions about them, but these have been only expressions of ignorant passion and malevolence, for no allegations of fact have ever been made in support of them which could even stand examination. The national banks have had very little history; that is to say, they have had few vicissitudes and have had but a small share in public affairs. They have had no political character; they have not constituted an interest; they have not...
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Add this copy of Princeton College and Patriotism to cart. $56.29, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2015 by Palala Press.
