A Treatise on Metallic and Paper Money and Banks (1858)
This is an 80 page encyclopedia article on money and banking which includes a discussion of gold and silver backed money, paper money, private banks, and a brief history of banking in England, France, Scotland, Ireland, and the US.
A Treatise on Metallic and Paper Money and Banks. Written for the Encyclopaedia Britannica (Edinburgh: Adam and Charles Black, 1858).
The text is in the public domain.
Table of Contents
- Part I.—: Metallic Money.
- Sect. I.—: Circumstances which led to the use of Money. Principal properties which all Commodities used as such ought to possess. Metallic Money not a Sign or a Measure of Value, but a real Equivalent.
- Sect. II.—: Circumstances which Regulate the Exchangeable Value of Money.
- Sect. III.—: A Moderate Seignorage on Coined Money advantageous. Principles which should regulate its amount.1
- Sect. IV.—: Expense of a Currency consisting of the Precious Metals.
- Sect. V.—: How Paper is substituted for Coins, and its value maintained.
- Sect. VI.—: Whether Gold or Silver should be adopted as the Standard of the Currency, or whether it should consist of both.
- Sect. VII.—: Standard of Money. Duodecimal and Decimal systems of dividing Coins. Degradation of Coins in Rome, France, Great Britain, and other countries. Effects of this degradation.
- TABLES RELATIVE TO THE MONEY OF GREAT BRITAIN AND OTHER COUNTRIES.
- PART II.—: PAPER-MONEY.
- Sect. I.—: General Principles in regard to Paper-Money.
- Sect. II.—: Banks of Deposit and Banks of Issue. Principles on which they are established.
- Sect. III.—: Bank of England, Account of.
- Sect. IV.—: Private and Joint-Stock Banks.
- Sect. V.—: Act of 1844. Objections to and Defence of that Act. Suspensions of in 1847 and 1857.
- Sect. VI.: Management of the Bank of England.
- TABLES exhibiting a View of the Issues, Securities, Bullion, &c., of the Bank of England, and of the Joint-Stock and Private Banks in England and Wales.
- Sect. VII.—: Banks (Scotch).
- Sect. VIII.—: Banking in Ireland.
- Sect. IX.—: Banks of Venice, Amsterdam, &c.
- Sect. X.—: The Bank of France,
- Sect. XI.—: Banking in the United States.