A History of American Currency
A collection of Sumner’s writing on money and banking with a reprint of the 1810 British *Report on Bullion”.
A History of American Currency, with Chapters on the English Bank Restriction and Austrian Paper Money, to which is appended “The Bullion Report” (New York: Henry Holt and Company, 1884).
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The text is in the public domain.
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- Author: William Graham Sumner
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Table of Contents
- PREFACE.
- Chapter I.: history of american currency.
- WAMPUMPEAG CURRENCY.
- BARTER CURRENCY.
- DISTRESS.
- NEW INDUSTRIES.
- THE “PINE-TREE” COINAGE.
- THE FIRST EXPEDITION AGAINST CANADA, AND PAPER MONEY.
- SECOND EXPEDITION AGAINST CANADA—DEPRECIATION.
- COLMAN's BANK.
- LOAN BANK.
- BANKS.
- THE LAND BANK.
- THE SPECIE BANK.
- EXPEDITION AGAINST LOUISBOURG.
- RESUMPTION IN MASSACHUSETTS.
- ACTION OF CONNECTICUT.
- ACTION OF RHODE ISLAND.
- LEGAL-TENDER PAPER ABOLISHED.
- DOUBLE STANDARD TRIED IN MASSACHUSETTS—OTHER COLONIAL ISSUES.
- CONTINENTAL PAPER MONEY.
- BANK OF NORTH AMERICA.
- RENEWED AGITATION IN FAVOR OF PAPER MONEY.
- ASSUMPTION OF THE STATE DEBTS.
- BANKING ON CONVERTIBLE CURRENCY.
- PAPER MONEY AND THE FEDERAL CONSTITUTION.
- THE FIRST BANK OF THE UNITED STATES.
- COINAGE.
- BANK ISSUES IN NEW ENGLAND.
- BANK ISSUES IN THE MIDDLE STATES.
- SUSPENSION OF 1814.
- SECOND UNITED STATES BANK.
- RESUMPTION.
- CONDITION OF THE UNITED STATES BANK.
- CRISIS OF 1819.
- CRISIS OF 1825.
- INVESTMENTS OF FOREIGN CAPITAL.
- CURRENCY AND TARIFF AS POLITICAL ISSUES.
- WAR BETWEEN THE ADMINISTRATION AND THE UNITED STATES BANK.
- THE COMPROMISE TARIFF.
- REMOVAL OF THE DEPOSITS.
- DISTRESS OF 1834.
- CHANGES IN THE COINAGE.
- WAR WITH THE BANK CONTINUED.
- SMALL NOTES.
- RAILROAD BUILDING.
- SPECULATION.
- AFFAIRS IN ENGLAND.
- COTTON.
- BANK EXPANSION.
- “DISTRIBUTION” OR “DEPOSIT” OF SURPLUS REVENUE.
- PUBLIC CLAIMS.
- THE “SPECIE CIRCULAR.”
- THE PENNSYLVANIA BANK OF THE UNITED STATES.
- THE CRISIS.
- MEASURES FOR RESUMPTION.
- REVIVAL OF BUSINESS.
- THE BANK CRASH OF 1839.
- MOVEMENTS OF SPECIE, 1830–1840.
- FINANCIAL MEASURES FROM 1840 TO 1850.
- PERIOD FROM 1850–1862.
- CAPITAL AND CURRENCY.
- BANK EXPANSION.
- STATE OF AFFAIRS IN 1853–4.
- CRISIS OF 1857.
- ALTERATION OF THE COINAGE.
- THE CURRENCY AT THE OUTBREAK OF THE WAR.
- SUSPENSION.
- THE LEGAL TENDER ACT.
- EFFECTS OF LEGAL TENDER ISSUES.
- THE TARIFF.
- CONTRACTION OR INFLATION ?
- PAPER MONEY WITH A FIXED LIMIT.
- COURSE OF THE MARKET.
- EXPLANATION OF THE DIAGRAM.
- CHAPTER II.: The English Bank Restriction.
- CAUSE OF THE RESTRICTION.
- ACTS CONTINUING THE RESTRICTION.
- BANK-NOTES NOT LEGAL TENDER.
- EFFECTS OF THE RESTRICTION IN ITS FIRST STAGE.
- COMMERCIAL AFFAIRS.
- THE BULLION REPORT.
- THE QUESTIONS AT ISSUE.
- SUMMARY.
- THE CRISIS OF 1810.
- PUBLIC DISCUSSION OF THE BULLION REPORT.
- THE PARLIAMENTARY COMMITTEE ON THE COMMERCIAL CRISIS.
- THE DEBATE IN THE HOUSE.
- COMMERCIAL EVENTS FROM 1810 TO 1819.
- THE COMMITTEES OF 1819.
- THE DEBATE OF 1819.
- OPERATION OF PEELS ACT OF 1819.
- CRISIS OF 1825, AND ABOLITION OF SMALL NOTES.
- EXPLANATION OF THE DIAGRAM.
- CHAPTER III.: austrian paper money.*
- CONCLUSION.
- APPENDIX.: REPORT FROM THE SELECT COMMITTEE ON THE HIGH PRICE OF GOLD BULLION.
- I.
- II.
- III.
- IV.
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