Excerpt from Principles of Monetary Legislation: With Definite Proposals for Placing the Sound, and Successful Principle Into Permanent OperationN o branch OF political economy has received more general attention than the monetary section, and yet, in no other branch, has less real progress been made. Whilst the improvement of the financial machinery has kept pace with the ever-increasing strain thrown upon it by the rapid increase in ex change operations and with the growth of the enormous masses of wealth to be manipulated, the science itself has undergone no corresponding advance, and is still in its infancy. The world has not yet emerged out of the panic period of finance a period strewn with terrible disasters in the past, and fraught with ever-increasing danger to the future.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.

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