Congressional Record-House. 301 ~
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Free Silver"; Montana's Political Dream of Economic Prosperity, 1864-1900
University of Montana ScholarWorks at University of Montana Graduate Student Theses, Dissertations, & Professional Papers Graduate School 1969 "Free silver"; Montana's political dream of economic prosperity, 1864-1900 James Daniel Harrington The University of Montana Follow this and additional works at: https://scholarworks.umt.edu/etd Let us know how access to this document benefits ou.y Recommended Citation Harrington, James Daniel, ""Free silver"; Montana's political dream of economic prosperity, 1864-1900" (1969). Graduate Student Theses, Dissertations, & Professional Papers. 1418. https://scholarworks.umt.edu/etd/1418 This Thesis is brought to you for free and open access by the Graduate School at ScholarWorks at University of Montana. It has been accepted for inclusion in Graduate Student Theses, Dissertations, & Professional Papers by an authorized administrator of ScholarWorks at University of Montana. For more information, please contact [email protected]. "FREE SILVER MONTANA'S POLITICAL DREAM OF ECONOMIC PROSPERITY: 1864-19 00 By James D. Harrington B. A. Carroll College, 1961 Presented in partial fulfillment of the requirements for the degree of Master of Arts UNIVERSITY OF MONTANA 1969 Approved by: Chairman, Board of Examiners . /d . Date UMI Number: EP36155 All rights reserved INFORMATION TO ALL USERS The quality of this reproduction is dependent upon the quality of the copy submitted. In the unlikely event that the author did not send a complete manuscript and there are missing pages, these will be noted. Also, if material had to be removed, a note will indicate the deletion. UMT Disaartation Publishing UMI EP36155 Published by ProQuest LLC (2012). Copyright in the Dissertation held by the Author. -
The Case for a 100 Percent Gold Dollar by Murray N
The Case for a 100 Percent Gold Dollar By Murray N. Rothbard Publication history: Leland Yeager (ed.), In Search of a Monetary Constitution. Cambridge, MA: Harvard University Press, 1962, pp. 94-136. Reprinted as The Case For a 100 Percent Gold Dollar. Washington, DC: Libertarian Review Press, 1974, and Auburn, Ala: Mises Institute, 1991, 2005. © Mises Institute, 2005. Preface When this essay was published, nearly thirty years ago, America was in the midst of the Bretton Woods system, a Keynesian international monetary system that had been foisted upon the world by the United States and British governments in 1945. The Bretton Woods system was an international dollar standard masquerading as a “gold standard,” in order to lend the well- deserved prestige of the world’s oldest and most stable money, gold, to the increasingly inflated and depreciated dollar. But this post-World War II system was only a grotesque parody of a gold standard. In the pre-World War I “classical” gold standard, every currency unit, be it dollar, pound, franc, or mark, was defined as a certain unit of weight of gold. Thus, the “dollar” was defined as approximately 1/20 of an ounce of gold, while the pound sterling was defined as a little less than 1/4 of a gold ounce, thus fixing the exchange rate between the two (and between all other currencies) at the ratio of their weights.1 Since every national currency was defined as being a certain weight of gold, paper francs or dollars, or bank deposits were redeemable by the issuer, whether government or bank, in that weight of gold. -
ED108883.Pdf
DOCUMENT RESUME ED 108 883 SE 019 054 TITLE Less is More, Teacher's Guide. The Environment and Society. Adult Basic Education. INSTITUTION New York State' Education Dept., Albany. Bureau of Continuing. Education Curriculum Development. PUB DATE 75 NOTE 55p.; a relat document is ED 092 675 EDRS PRICE MF-$0.76 HC-$3.32 PLUS POSTAGE DESCRIPTORS Adult Basic Education; Audiovisual Aids; Audiovisual Instruction; Conservation Education; *Consumer Education; Economics; *Environmental Education; Filmstrips; *Home Economics; *Instructional Materials; Natural Resources; *Teaching Guides ABSTRACT This manual is designed to provide instvuction in adult basic eduication with discussion and activity materials which show some of the relationships of environment and consumer economics in today's society. The three units included in the guide (Money Management; Food and Clothing Purchases; The Consumer, the Environment, and the Auto) attempt to demonstrate the impact of the environment upon people and the people's impact upon the environment. Each uni' features an illustrated activity which is designed for students at the beginning reading level. Other activities and worksheets are appropriate for students at the intermediate level and above. The first unit, Money Management, deals with personal finances in a manner suggesting that they are resources to be managed and utilized fully and wisely. The second unit, Food and Clothing Purchases, presents some specific suggestions and guidelines with regard to making sound choices when using one's personP.1 resources -
High School Version Instructor Guide
High School Version Instructor guide ©2003, 2013 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. ECG-714394 VERSION 5.1 Welcome to Wells Fargo’s Hands on Banking® program! This fun, interactive, and engaging financial education program is designed for both self-paced, individual learning and classroom use. These Instructor Guides are designed to help you share this valuable program with groups of any size. In these guides, you’ll find everything you need to lead participants through real-life scenarios, group discussions, and activities that will encourage them to apply these lessons to their daily lives. By sharing the Hands on Banking program with others, you’ll help them to take control of their finances and build a brighter financial future. Program Overview . The Hands on Banking program covers all the basics of smart money management. The curriculum is designed for four age groups: Adults, Young Adults (ages 15–21) Teens (grades 6–8) and Kids (grades 4 and 5). The Hands on Banking program is an easy and enjoyable way to teach and learn the essentials of financial education: the basics of bank services, the importance of saving, smart money management, using credit responsibly, invest ing, wealth building, and more. Whether it’s opening a checking account, avoiding identity theft, paying for college, applying for a credit card, or starting a small business, the Hands on Banking program provides real-world skills and knowledge everyone can use. Educational Standards . It’s easy to integrate the Hands on Banking program into the classroom: the lessons for school-aged students are aligned with national and state educational standards for economics, financial literacy, mathematics, and English language arts. -
Gold Democrats and the Decline of Classical Liberalism, 1896–1900
SUBSCRIBE NOW AND RECEIVE CRISIS AND LEVIATHAN* FREE! “The Independent Review does not accept “The Independent Review is pronouncements of government officials nor the excellent.” conventional wisdom at face value.” —GARY BECKER, Noble Laureate —JOHN R. MACARTHUR, Publisher, Harper’s in Economic Sciences Subscribe to The Independent Review and receive a free book of your choice* such as the 25th Anniversary Edition of Crisis and Leviathan: Critical Episodes in the Growth of American Government, by Founding Editor Robert Higgs. This quarterly journal, guided by co-editors Christopher J. Coyne, and Michael C. Munger, and Robert M. Whaples offers leading-edge insights on today’s most critical issues in economics, healthcare, education, law, history, political science, philosophy, and sociology. Thought-provoking and educational, The Independent Review is blazing the way toward informed debate! Student? Educator? Journalist? Business or civic leader? Engaged citizen? This journal is for YOU! *Order today for more FREE book options Perfect for students or anyone on the go! The Independent Review is available on mobile devices or tablets: iOS devices, Amazon Kindle Fire, or Android through Magzter. INDEPENDENT INSTITUTE, 100 SWAN WAY, OAKLAND, CA 94621 • 800-927-8733 • [email protected] PROMO CODE IRA1703 Gold Democrats and the Decline of Classical Liberalism, 1896–1900 —————— ✦ —————— DAVID T. BEITO AND LINDA ROYSTER BEITO n 1896 a new political party was born, the National Democratic Party (NDP). The founders of the NDP included some of the leading exponents of classical I liberalism during the late nineteenth century. Few of those men, however, fore- saw the ultimate fate of their new party and of the philosophy of limited government that it championed. -
The Populist Movement
The populist movement Item Type text; Thesis-Reproduction (electronic) Authors Montgomery, Winona Publisher The University of Arizona. Rights Public Domain: This material has been identified as being free of known restrictions under U.S. copyright law, including all related and neighboring rights. Download date 29/09/2021 21:06:34 Item License http://creativecommons.org/publicdomain/mark/1.0/ Link to Item http://hdl.handle.net/10150/627573 THE POPULIST MOVEMENT WINONA MONTGOMERY LIBRAIO UNIV. OF ARIZONA T HE P 0 P U.L 1ST OVEMENT A THESIS SUBMITTED TO THE FACULTY OF THE UNIVERSITY OF ARIZONA in PARTIAL FULFILLMENT OF THE R _IQUIREMENTS- FOR THE DEGREE OF MASTER of ARTS BY WINONA MONTGOMERY MAY 15 1923 E929/ // ACKUOWLEDGEMENT The writer wishes to acknowlede her indebted- ness to Professor H. A. Hubbard Associate Professor Ida C. Reid under whose direction this thesis was written, for their interest and advice. THE POPULIST MOVEMENT FORCES THAT CAUSED THE POPULIST mnv:TTET2 Chapter I Situation of the Farmer. A. EzTDansion of the West. 1. Increased agricultural production. Fall in „prices of agriraltural -)roducts. 3. Increased demand for money. B. Railroads. 1. 7elcomed 137 farmers. 2. Farmers objected to hi7h freight rates. 3. Farmers opposed Railroad ownership of land. C. Period of Depression. 1. Poor crops. 2. Low prices of cotton. D. Organization. 1. Grange 2. Farmer' l o c a l organizations. 3. Farmers' Alliance and Cobr- - ati7re Union. 4. Farmers' and Laborers' Union of America. 5. National Farmers' Alliance. Chapter II American Labor. A. Low Wao:es. 1. Table of wages. 2• City caused laborers;' expenses to increase. -
Economics 102 Fall 2017 Answers to Homework #3 Due 10/31/2017
Economics 102 Fall 2017 Answers to Homework #3 Due 10/31/2017 Directions: The homework will be collected in a box before the lecture. Please place your name, TA name and section number on top of the homework (legibly). Make sure you write your name as it appears on your ID so that you can receive the correct grade. Please remember the section number for the section you are registered, because you will need that number when you submit exams and homework. Late homework will not be accepted so make plans ahead of time. Please show your work. Good luck! Please remember to • Staple your homework before submitting it. • Do work that is at a professional level: you are creating your “brand” when you submit this homework! • Do not submit messy, illegible, sloppy work. • Show your work to get full credit. 1. The table below describes a variety of cases which can possibly affect US GDP. Please fill in the blanks. Scenario Component of Effect on GDP GDP affected: (increase, decrease, C, I, G, X-IM, or or no change) NC (not counted) 1. A farmer purchases a new tractor. I Increase 2. Businesses increase their current inventories. I Increase 3. You spend $7 to attend a movie. C Increase 4. Worried about consumer confidence, Ford NC No change purchases less sheet metal for cars. 5. A retired man cashes his social security check NC No change from the government. 6. A French company purchases a one-year X - IM Increase membership to PartyPeople.com, a U.S.-based company. -
Evaluating the Economic Policies of Grover Cleveland
SUBSCRIBE NOW AND RECEIVE CRISIS AND LEVIATHAN* FREE! “The Independent Review does not accept “The Independent Review is pronouncements of government officials nor the excellent.” conventional wisdom at face value.” —GARY BECKER, Noble Laureate —JOHN R. MACARTHUR, Publisher, Harper’s in Economic Sciences Subscribe to The Independent Review and receive a free book of your choice* such as the 25th Anniversary Edition of Crisis and Leviathan: Critical Episodes in the Growth of American Government, by Founding Editor Robert Higgs. This quarterly journal, guided by co-editors Christopher J. Coyne, and Michael C. Munger, and Robert M. Whaples offers leading-edge insights on today’s most critical issues in economics, healthcare, education, law, history, political science, philosophy, and sociology. Thought-provoking and educational, The Independent Review is blazing the way toward informed debate! Student? Educator? Journalist? Business or civic leader? Engaged citizen? This journal is for YOU! *Order today for more FREE book options Perfect for students or anyone on the go! The Independent Review is available on mobile devices or tablets: iOS devices, Amazon Kindle Fire, or Android through Magzter. INDEPENDENT INSTITUTE, 100 SWAN WAY, OAKLAND, CA 94621 • 800-927-8733 • [email protected] PROMO CODE IRA1703 “Henceforth, I Must Have No Friends” Evaluating the Economic Policies of Grover Cleveland F BRANDON DUPONT [Government paternalism] is the bane of republican institutions and the constant peril of our government by the people. It degrades to the purposes of wily craft the plan of rule our fathers established and bequeathed to us as an object of our love and veneration. It perverts the patriotic sentiments of our countrymen and tempts them to pitiful calculation of the sordid gain to be derived from their Government’s maintenance. -
Irving Fisher and His Compensated Dollar Plan
Irving Fisher and His Compensated Dollar Plan Don Patinkin his is a story that illustrates the interrelationship between economic his- tory and economic thought: more precisely, between monetary history T and monetary thought. So let me begin with a very brief discussion of the relevant history. In 1879, the United States returned to the gold standard from which it had departed at the time of the Civil War. This took place in a period in which “a combination of events, including a slowing of the rate of increase of the world’s stock of gold, the adoption of the gold standard by a widening circle of countries, and a rapid increase in aggregate economic output, produced a secular decline ˙.. in the world price level measured in gold˙...” (Friedman and Schwartz 1963, p. 91; for further details, see Friedman 1990, and Laidler 1991, pp. 49–50). The specific situation thus generated in the United States was de- scribed by Irving Fisher (1913c, p. 27) in the following words: “For a quarter of a century—from 1873 to 1896—the dollar increased in purchasing power and caused a prolonged depression of trade, culminating in the political upheaval which led to the free silver campaign of 1896, when the remedy proposed was worse than the disease.” This was, of course, the campaign which climaxed with William J. Bryan’s famous “cross of gold” speech in the presidential election of 1896. Fisher’s view of this campaign reflected the fact that it called for the unlimited coinage of silver at a mint price far higher than its market value, a policy that would have led to a tremendous increase in the quantity of money and the consequent generation of strong inflationary pressures. -
Stemming Inflation; the Office of Emergency Preparedness and the 90- Day Freeze
STEMMING NFLATION The Office of Emergency Preparedness and the 90-Day Freeze Harry B. Yoshpe John F. Allums Joseph E. Russell Barbara A. Atkin EXECUTIVE OFFICE OF THE PRESIDENT OFFICE OF EMERGENCY PREPAREDNESS WASHINGTON, D.C. 1972 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis For sale by the Superintendent of Documents, U.S. Government Printing Office Washington, D.C. 20402 - Price $2.25 (paper cover) Stock Number 4102-00008 iv Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis THE WHITE HOUSE WAS HINGTON On August 15, 1971, I announced a series of measures designed to stabilize the economy at home and to help our country maintain its rightful economic position in the world. Among these measures was the first peacetime wage- price freeze in our history. In prescribing the 90-day freeze, I set down several guiding principles: we would move toward a greater sta- bility of wages and prices, but we would do this without fastening on the Nation a permanent straitjacket of con- trols and without creating a huge bureaucracy. These principles prompted the establishment of the interagency Cost of Living Council under the chairmanship of the Secretary of the Treasury, the designation of the Office of Emergency Preparedness as the central instrument to administer the freeze, and the reliance upon the coordi- nated teamwork of the other Federal departments and agencies. Under the leadership of Director George A. Lincoln, the Office of Emergency Preparedness succeeded in holding the line while we worked out the longer term measures needed to maintain wage-price moderation and improve our position in the changing world economy. -
'The “Wizard of Oz” As a Monetary Allegory,' Journal Of
Hugh Rockoff of Rutgers University, ‘The “Wizard of Oz” as a Monetary Allegory,’ Journal of Political Economy, Vol. 98, 1990, pp. 739-760. I. Introduction The Wizard of Oz is perhaps the best-loved American children's story. The movie, starring Judy Garland, Bert Lahr, Ray Bolger and company, is an annual television ritual. The book on which the movie is based, L. Frank Baum's The Wonderful Wizard of Oz, however, is not only a child's tale but also a sophisticated commentary on the political and economic debates of the Populist Era.1 Previous interpretations have focused on the political and social aspects of the allegory. The most important of these is Littlefield ([1966] 1968), although his interpretation was adumbrated by Nye (1951), Gardner and Nye (1957), Sackett (I960), and Bewley ([1964] 1970). My purpose is to unlock the references in the Wizard of Oz to the monetary debates of the 1890s. When the story is viewed in this light, the real reason the Cowardly Lion fell asleep in the field of poppies, the identity of the Wizard of Oz, the significance of the strange number of hallways and rooms in the Emerald Palace, and the reason the Wicked Witch of the West was so happy to get one of Dorothy's shoes become clear. Thus interpreted, the Wizard of Oz becomes a powerful pedagogic device. Few students of money and banking or economic history will forget the battle between the advocates of free silver and the defenders of the gold standard when it is explained through the Wizard of Oz. -
Stabilizing the Dollar the Macmillan Company New Nether York - a Gostosaboston • Chicagochicas Para• Dallas Atlanta • San Francisco Macmillan & Co
Hou Pobl suo with the conferents ar putemail ne suzano 1510 Úwers on cle . STABILIZING THE DOLLAR THE MACMILLAN COMPANY NEW NETHER YORK - A GOSTOSABOSTON • CHICAGOCHICAS PARA• DALLAS ATLANTA • SAN FRANCISCO MACMILLAN & CO . , LIMITED LONDON · BOMBAY · CALCUTTA MELBOURNE THE MACMILLAN CO . OF CANADA , LTD . TORONTO STABILIZING THE DOLLAR A PLAN TO STABILIZE THE GENERAL PRICE LEVEL WITHOUT FIXING INDIVIDUAL PRICES BY IRVING FISHER PROFESSOR OF POLITICAL ECONOMY IN YALE UNIVERSITY EX - PRESIDENT OF THE AMERICAN ECONOMIC ASSOCIATION New York THE MACMILLAN COMPANY 1920 All rights reserved VARD UNIVES JUN ahi 1942 Fuh ORADUATE SCHOOL UNE AO MINISTRATIONS COPYRIGHT , 1920 . BY THE MACMILLAN COMPANY . Set up and electrotyped . Published January , 1920 . Norwood Press J . 8 . Cushing Co . - Berwick & Smith Co . Norwood , Mass . , U . S . A . to JOHN ROOKE SIMON NEWCOMB ALFRED RUSSEL WALLACE AND ALL OTHERS WHO HAVE ANTICIPATED ME IN PROPOSING PLANS FOR STABILIZING MONETARY UNITS PREFACE The fundamental fact on which the proposal of this book is based is that the purchasing power of the dollar is uncertain and variable , that is , that the price level is unstable . The war has caused the greatest upheaval of prices the world has ever seen . Inseparably connected with this upheaval is grave and world - wide industrial dis content . Because of this and because of the perplexity of business men as to future movement of prices , there has been much discussion going on of the question whether the level of war prices will drop or whether it can be stabilized . To show that permanent stability can be secured is the chief aim of this book ; and a specific and de tailed plan for this purpose is presented .