Report of the Special Committee on the Currency: Together with the Answers of the Banks, in Obedience to the Order of the House of Delegates of Maryland, of the 4th January, 1842 (Classic Reprint) - Couverture souple

Delegates, Maryland House Of

9780243122042: Report of the Special Committee on the Currency: Together with the Answers of the Banks, in Obedience to the Order of the House of Delegates of Maryland, of the 4th January, 1842 (Classic Reprint)

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ISBN 10 : 0243122047 ISBN 13 : 9780243122042

Editeur : Forgotten Books, 2018

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�diteur: Forgotten Books
Date d'�dition: 2018
Langue: anglais
ISBN 10: 0243122047
ISBN 13: 9780243122042
Reliure: Broch�
Nombre de pages: 29
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Report of the Special Committee on the Currency (Classic Reprint)

Maryland House of Delegates

Edit� par Forgotten Books, 2018

ISBN 10 : 0243122047 ISBN 13 : 9780243122042

Neuf Paperback

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Vendeur : Forgotten Books, London, Royaume-Uni

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Paperback. Etat : New. Print on Demand. This book shares responses from presidents of banks in Maryland to an inquiry by the House of Delegates about the banks' preparedness to resume specie payments for the first time since the 1837 suspension. The suspension was in response to widening economic disparities and the risk of specie leaving the country to pay foreign debts. The book argues that the banks were ill-prepared to resume regular specie payments because their liabilities and assets were not properly aligned. However, the specie they did have was needed to support the state's economy, which was in a weakened state due to the failure of the previous two corn and wheat harvests. The book explores the idea that banks are an integral part of their community's economy and ought to be protected by the government during times of economic hardship. 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. N� de r�f. du vendeur 9780243122042_0

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