Remarks on a Pamphlet Intitled, "the Question Concerning the Depreciation of the Currency Stated and Examined" By William Huskisson, Esq. M. P: ... Intended to Explain the Real Nature, - Hardcover

Sinclair, John

 
9780656201310: Remarks on a Pamphlet Intitled, "the Question Concerning the Depreciation of the Currency Stated and Examined" By William Huskisson, Esq. M. P: ... Intended to Explain the Real Nature,

Synopsis

Excerpt from Remarks on a Pamphlet Intitled, "the Question Concerning the Depreciation of the Currency Stated and Examined" By William Huskisson, Esq. M. P: Together With Several Political Maxims, Regarding Coin and Paper Currency, Intended to Explain the Real Nature, and Advantages, of the Present System

The foundation of the whole proceedings of the Bullion Committee rested upon this fact, that the market price of gold, when the Report was ordered to be printed, (8th June, was £4. 105. Per oz. Or 155 per cent. Above the Mint price. (rep. P. This was attributed to an excess in the paper circulation of the country (rep. P. It was therefore contended, that a rise in the market price of gold, was the eliect of an excessive quantity of circulating medium in a country, which has adopted a currency, not exportable to other countries, or not convertible at Wlll into a coin which is exportable. (report, p.

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