Banking Theories in the United States Before 1860

American amount asserted bank notes Bankers banking system become bills borrowers called capital Carey cash cause Chapter circulation coin colonial Colwell committee considerable contraction convertibility created crises crisis criticism currency cycle demand deposits discount discussion doctrine early effect England excessive exchange fact Financial frequently funds Gallatin give gold Gouge greater hand held History House Hunt's Merchants important increase industry influence interest issue later lend less Letter loans Magazine means media of payment medium metallic National Bank nature needs note issue operations opinion paper currency paper money period Political Economy practice present Principles problem production purchasing quantity question Raguet received reference regarded Report Representatives reserves respect result Review seems silver specie speculation Suggestions supply tend theory thought trade United urged volume wealth whole writers York