Effects of the War on Money, Credit and Banking in France and the United States
Effects of the War on Money, Credit and Banking in France and the United States, by B. M. Anderson, Jr. by Benjamin M. (Benjamin McAlester) Anderson
English| 1919 | ASIN: B00180HB76 | | PDF | 227 Pages| 13 MB
English| 1919 | ASIN: B00180HB76 | | PDF | 227 Pages| 13 MB
Professor Anderson's study of " Effects of the War on Money,Credit and Banking in France and the United States" needs nocommendation. It is full both of information and of suggestions,and will be valuable not only to bankers but to other business- men, to students, and to the general reader.The account of occurrences and policies in the United States is so full, accurate and clear that editorial comment on them isunnecessary. Certain matters stand out in the confu·sed history of the early days of the war which should be guiding posts for the future. For he would have been held a foolish prophet who, before the war, would have predicted that the economic structure of the world would have withstood as well as it actually did the shock of the military cataclysm. The closing of the stock ex-changes, the moratoria, the strength and wise action of central banks and the provision of emergency currency, are the great master strokes of policy that kept the economic " ship of state" from shipwreck.