Money Question (1898)

The Money Question, written by Harrison Rittenhouse Kincaid in 1898, is a comprehensive analysis of the monetary system in the United States during the late 19th century. The book explores the history of money, the role of banks and government in the monetary system, and the impact of monetary policy on the economy.Kincaid provides a detailed examination of the gold standard, which was the basis for the U.S. monetary system at the time. He argues that the gold standard is inherently deflationary and that it limits the ability of the government to respond to economic crises. Kincaid also discusses the role of banks in creating money and the impact of their lending practices on the economy.The book includes a discussion of the controversy surrounding the use of silver as a monetary metal, which was a hotly debated topic in the late 19th century. Kincaid argues that the use of silver could provide a more flexible monetary system and could help to stimulate economic growth.Overall, The Money Question provides a detailed and insightful analysis of the U.S. monetary system during a critical period in the country's economic history. The book is a valuable resource for anyone interested in the history of money and banking, as well as the role of government in shaping economic policy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.