Currency and Banking in the Province of the Massachusetts-Bay, Vol. 1

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Excerpt from Currency and Banking in the Province of the Massachusetts-Bay, Vol. 1: CurrencyThe investigation Of the Land Bank experiment did not Of necessity carry with it the study of the different forms Of provincial currency then in circulation, but it did involve the careful examination Of numerous statutes and the perusal Of many contemporary pam phlets in which questions Of currency as well as banking were discussed. The familiarity with the legal and pamphlet literature Of the period which resulted from this research tended greatly to reduce the formidable character of the Obstacles to an investigation of the history of the currency emissions, Of the meaning Of the various forms of bills, Of the causes for their adoption, Of the ¿uctuations Of the currency, and Of the grave difficulties which arose therefrom in the ad justment Of debts. More than that, with increased knowledge of the subject came a positive interest in itand a desire to develop it not only upon the historical but also upon the economic side.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.