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Seller: Thomas J. Joyce And Company, Chicago, IL, U.S.A.
Paperback. Condition: Near Fine. Revised edition. 24mo, 112 pages, printed wrappers. Uncommon. "Mrs. Emery's rhetoric left no doubt of the sustained purposefulness of the scheme - described as 'villainous robbery,' and as having been 'secured through the most soulless strategy." She was most explicit about the so-called "crime of 1873,' the demonetization of silver, giving a fairly full statement of the standard greenback-silverite myth concerning that event. As they had it, an agent of the Bank of England, Ernest Seyd by name, had come to the United States in 1872 with $500,000 with which he had brought enough support in Congress to secure the passage of the demonetization measure. This measure was supposed to have greatly increased the value of American four percent bonds held by British capitalists by making it necessary to pay them in gold only. To it Mrs. Emery attributed the panic of 1873, its bankruptcies, and its train of human disasters: 'Murder, insanity, suicide, divorce, drunkenness and all forms of immorality and crime have increased from that day to this in the most appalling ratio' - Richard Hofstadter.". Seller Inventory # 0006967