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scheme for ameliorating the financial troubles of the times, but has in each case been incidental to the statement of the facts. If others, upon the basis of the same facts, should arrive at different conclusions, it should not render this compilation of facts any the less valuable as a book of reference, which it was the author's aim to make.
CHICAGO, Dec. 6, 1876.
TABLE OF CONTENTS.
Monetary units of all countries (Tables 4, 5 and 6),
In many cases only ideal coins,
The pound sterling and the dollar as,
Similar changes in France in 1785 and Austria in 1857,
Period of greatest contraction,
PAPER MONEY IN EUROPE.
Table of aggregate in Europe, -
Increase of in Europe, -
Of the Bank of France in 1848 and 1870, -
Remarkably slight depreciation of the notes of the Bank
of France (see note to page 557),
Various effects of on value of currency,
Inconvertible paper money — three causes affecting its value,
medium of exchange,
Its stimulating effects on industry and trade,
Estimated stock of gold and silver in Great Britain,
The method adopted by the author of this book for approxi-
AVERAGE RATIO OF NATIONAL REVENUE TO VOLUME
The average amount of annual national revenue about 38 to
Diagram showing the approximate volume of paper money
The end of the golden era about 1862,
Cause of the decline of silver with the decline of gold after