Title: Speech of Mr Rives, of Virginia In Support of the Bill Introduced by Him Designating the Funds Receivable in Payment of the Public Revenue, and in to the SubTreasury Scheme Classic Reprint
Publisher: Forgotten Books
Publication Date: 2018
Language: English
ISBN 10: 133163380X
ISBN 13: 9781331633808
Binding: PAP
Condition: New
Weight: 118 grams

About this title

Synopsis

A statesman argues for restoring coin payments and a stable currency, outlining a practical plan and stern warnings about centralized banking.

This edition presents the speech in which William C. Rives defends and adapts a currency reform plan. It frames why the government should favor specie or bank-notes convertible to specie for all public revenue, and why it opposes the Sub-Treasury style. The talk balances a detailed policy proposal with reflections on national finance, public trust, and the constitutional questions of money.

Readers will see a persuasive, historical argument about currency stability, confidence, and the role of banks and state institutions in shaping economic policy. The speaker lays out modifications to a prior bill, aims for early resumption of specie payments, and argues for coordinated action by Congress and the states.

Explanation of why public dues should be paid in gold, silver, or notes of specie-paying banks, with safeguards for small denominations.
Proposals to set a fixed date for resuming specie payments and incentives for banks to meet it.
A comparison of different banking systems and a call for coordinated, state‑level support to stabilize the currency.

Ideal for readers of early American economic policy, congressional debates, and the history of money in the United States.

"About this title" may belong to another edition of this title.

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