Excerpt from The Financial Economy of the United States: Illustrated, and Some of the Causes Which Retard the Progress of California DemonstratedThe currency of the nation should be governed by Con gress, for national defense. Issues of State ybanks should be suppressed. Currency should never be any form of credit. Congress should not allow banks to circulate currency of less value than coin American mines ample to supply all healthful de mands of the nation for money, possibility of making our entire currency equal to gold coin, currency and population of the country in 1860, yield of the Pacific mines in eighteen years, amount of currency required In 1860.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.