The theory of money and banks investigated
Author(s)
Bibliographic Information
The theory of money and banks investigated
（Early origins of American banking）
Routledge/Thoemmes Press, 1996
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Note
Reprint. Originally published: Boston : C.C. Little and J. Brown, 1839
Description and Table of Contents
Description
This set examines the development of banking in the United States in the first half of the nineteenth century. When Congress first tried to introduce a unified currency to finance a national army it failed because of the large number of counterfeit notes in circulation. Similarly two attempts to set up a central bank resulted in bankruptcy. Even after the Mint was set up, the Federal government's theoretical monopoly over coinage did not stop states from using their charter to set up note issuing banks. The resulting corruption and fraud let to experiments in regulation and a system of 'free banking'. The material included examines such issues as the role of a central bank, banking regulation, banks and the money supply.
Table of Contents
A General History of the Most Prominent Banks in Europe ... also A Hamilton's Report to Congress on Currency [1831] Thomas H Goddard 256pp, Legislative and Documentary History of the Bank of the United States [1832] Clarke & Hall 410pp, The History of Banks [1837] Richard Hildreth 146pp, The Theory of Money and Banks Investigated [1839] George Tucker 420pp, Dunscombe's Free Banking [1841] Charles Dunscombe 368pp, The Journal of Banking...to which is annexed A Short History of Paper Money and Banking [1842] William M Gouge 412pp, The History of Banking in America [1837] William Gilbert 220pp
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