The Journal of Banking, from July 1841 to July 1842: Containing Essays on Various Questions Relating to Banking and Currency, Notices of Bank Failures and Bank Defaults, The Prices of Bank Notes and Specie, the Rates of Exchange, Foreign and Domestic

Gouge, William M.

Published by J. Van Court, Printer, Philadelphia, 1842
/ Condition: Fair / Hardcover
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Bibliographic Details

Title: The Journal of Banking, from July 1841 to ...

Publisher: J. Van Court, Printer, Philadelphia

Publication Date: 1842

Binding: Hardcover

Book Condition: Fair


412 pages, tear through the title page at the top, perforated library stamp on title page for the Federal Reserve Bank Library Philadelphia, also a small oval blue library stamp on the following page, disbound. "GOUGE, WILLIAM M. (1796-1863). William M. Gouge, economist and author, was born in Philadelphia, Pennsylvania, on November 10, 1796. He was associate editor of the Philadelphia Gazette from 1823 to 1829 and reporter of the debates of the Delaware Convention of 1831. He wrote several books on banking, including A Short History of Money and Banking in the United States (1833), History of the American Banking System (1835), and Expediency of Dispensing with Bank Paper (1837). He also edited several journals, including the Journal of Banking (Philadelphia, 1841). In his early years Gouge was a staunch opponent of paper money, banks, and corporations; he believed that irresponsible corporations held control of bank depositors' money. His attitude mellowed in later years, though he did warn of the dangers of issuing notes in excess of actual funds.". Bookseller Inventory # 024855

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