Author(s): Murray Rothbard
Publisher: Ludwig von Mises Institute
Year: 2002
Title Page
Contents
Introduction by Joseph T. Salerno
Part 1: A History of Money and Banking in the United States before the Twentieth Century
Shilling and Dollar Manipulations
Government Paper Money
Private Bank Notes
Revolutionary War Finance
The Bank of North America
The United States: Bimetallic Coinage
The First Bank of the United States: 1791-1811
The War of 1812 and Its Aftermath
The Second Bank of the United States, 1816-1833
The Jacksonian Movement and the Bank War
The Jacksonians and the Coinage Legislation of 1834
Decentralized Banking form the 1830s to the Civil War
A Free-Market "Central Bank"
A False Start
Operation Begins
The Country Banks Resist
Suffolk's Stabillizing Effects
The Suffolk Difference
The Suffolk's Demise
The Civil War
Greenbacks
The Public Debt and the Natinal Banking System
The Post-Civil War Era: 1865-1879
The Gold Standard Era with the National Banking System, 1879-1913
Prices, Wages, adn Real Wages
Interest Rates
A Burst in Productivity
Capital Formation
1896: The Transformation of the American Party System
Part 2: The Origins of the Federal Reserve
The Progressive Movement
Unhappiness with the National Banking System
The Beginnings fo the "Reform" Movement: The Indianapolis Monetary Convention
The Gold Standard Act of 1900 and After
Charles A. Conant, Suprlus Capital, and Economic Imperialism
Conant, Monetary Imperialism, and the Gold-Exchange Standard
Jacob Schiff Ignites the Drive for a Central Bank
The Panic of 1907 and Mobilization for a Central Bank
The Final Phase: Coping with the Democratic Ascendancy
Conclusion
Part 3: From Hoover to Roosevelt: The Federal Reserve and the Financial Elites
The Early Fed, 1914-1928: The Morgan Years
The Hoover Fed: Harrison and Young
The Advent of Eugene Meyer, Jr.
Meyer in the Hoover Administration
The New Deal: Going Off Gold
Banking and Financial Legislation: 1933-1935
Marriner S. Eccles and the Banking Act of 1935
Epilogue: Return of the Morgans
Part 4: The Gold-Exchange Standard in the Interwar Years
The Classical Gold Standard
Britain Faces the Postwar World
Return to Gold at $4. 86: The Cunliffe Committee adn After
American Support for the Return to Gold at $4.86: The Morgan Connection
The Establishment of the New Gold Standard of the 1920s
Bullion, Not Coin
The Gold-Exchange Standard, Not Gold
The Gold-Exchange Standard in Operation: 1926-1929
Depression and the End of the Gold-Sterling-Exchange Standard: 1929-1931
Epilogue
Part 5: The New Deal and the International Monetary System
The Background of the 1920s
The First New Deal: Dollar Nationalism
The Second New Deal: The Dollar Triumphant
Epilogue
Index