ABSTRACT

Originally published in 1935, this book charts the revolution from a banking to an industrial conception of currency which took place between 1922 and 1932. Having failed to stabilise the purchasing power of gold, General Strong stabilised the purchasing power of the dollar, an idea which was revived on an international scale by the Ottawa Conference of 1932. The stabilisation of purchasing power, independently of gold, was subsequently adopted as the keystone of British currency policy.

chapter I|11 pages

The Historical Approach

chapter II|13 pages

How Bankers make Money

chapter III|15 pages

The Metallic Complex

chapter IV|20 pages

The Gold Standard

chapter V|15 pages

The American Currency Revolution, 1922

chapter VI|19 pages

The Currency Conflict

chapter VII|31 pages

The American Collapse of 1929

chapter VIII|18 pages

The Macmillan Report

chapter IX|22 pages

The Ottawa Currency Revolution

chapter X|11 pages

The Exchange Equalisation Fund

chapter XI|28 pages

The British Empire Currency Declaration

chapter XII|27 pages

The Currency Revolution— and After