ABSTRACT

Originally published in 1925. This book sets forth a plan to stabilize the currency at a time in which there was much discussion of what to radically change to improve the state of the flow of gold and discounts and interests. It addresses such questions as ‘what is a standard of currency’ and ‘to whom does the gold belong’ among its discussion of the best way forward. A fascinating insight into 1920s economic history.

part I|6 pages

Preliminary

chapter I|2 pages

The Heretic and the Professors

chapter II|2 pages

The Scheme of an Index-Number Standard

part II|76 pages

The Unsolved Problem of Gold

chapter I|17 pages

The Disposal of the Gold Reserves

chapter II|27 pages

The Price of Gold

chapter III|7 pages

Money and Wares

chapter IV|11 pages

To Whom Does the Gold Belong?

chapter V|12 pages

Some Afterthoughts

part III|133 pages

The Unsolved Problem of Interest

chapter I|10 pages

Currency and Interest

chapter II|10 pages

What Is a Standard of Currency?

chapter IV|25 pages

Further Unravelling of the Discount Tangle

chapter V|11 pages

Money and Credit

chapter VI|20 pages

Belling the Cat

chapter VII|22 pages

"...Which He Calls Interest"

chapter VIII|6 pages

The Interest Standard and the Exchanges

chapter IX|10 pages

The American Hoard of Gold

part IV|53 pages

Postscript