A New Monetary System: The Only Means Of Securing The Respective Rights Of Labor And Property And Of Protecting The Public From Financial Revulsions (1861)

A New Monetary System: The Only Means Of Securing The Respective Rights Of Labor And Property And Of Protecting The Public From Financial Revulsions is a book written by Edward Kellogg in 1861. The book discusses the flaws in the current monetary system and proposes a new system that would protect the rights of labor and property and prevent financial crises. Kellogg argues that the current system is based on credit and speculation, which leads to instability and inequality. He proposes a system based on a stable currency backed by gold and silver, with limited credit and speculation. The book also discusses the role of government in regulating the monetary system and protecting the public from financial fraud. Kellogg's ideas were influential in the development of the American monetary system and continue to be studied by economists today.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.