by John Thom Holdsworth
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John Thom Holdsworth penned this volume with the hopes of creating a comprehensive history of monetary and banking systems in the United States. Holdsworth discusses the theory, history and principles of money, and more specific topics such as Federal reserve currency and foreign finance. This 1915 volume sheds light on the ideals of the monetary system in the United States and the goals of the federal government at that time in enacting certain policies, such as the Farm Loan Act and the Federal Reserve Act.
Holdsworth was interested in monetary policy and history and wrote other works on this topic, such as The First Bank of the United States (1915). He also delivered speeches, such as ‘America’s foreign loan policy’ delivered before the Annual Convention of the National Foreign Trade Council, in Philadelphia, on May 10, 1922.
This new edition is dedicated to Peter Robinson, successful interpreter of the American scene, genial media host to many, significant fellow at the Hoover Institution.
