scheme for ameliorating the financial troubles of the times, but has in each case been incidental to the statement of the facts. If others, upon the basis of the same facts, should arrive at different conclusions, it should not render this compilation of facts any the less valuable as a book of reference, which it was the author's aim to make. CHICAGO, Dec. 6, 1876. TABLE OF CONTENTS. Monetary units of all countries (Tables 4, 5 and 6), The pound sterling and the dollar as, The dollar — origin of the dollar symbol, American-of the Confederation, American- of the United States, Reduction in value of United States dollars in 1837, The "dollar" in Frankfort and Paris, - Ideal moneys, Of international exchange, Of the medieval banks, Period of greatest contraction, PAPER MONEY IN EUROPE. Of the Bank of France in 1848 and 1870, Remarkably slight depreciation of the notes of the Bank of France (see note to page 557), 48, 61 Various effects of on value of currency, Inconvertible paper money-three causes affecting its value, Its increase in value by reason of scarcity of any other Its stimulating effects on industry and trade, The method adopted by the author of this book for approxi- The ratio of national revenue to the total volume of money Table showing the uniformity in the proportions of money The average amount of annual national revenue about 38 to 40 per cent of the total volume of money in use, Striking illustration of the above rule in the proportions of annual revenue to the volume of money in use in the Diagram showing the approximate volume of paper money The average annual product of gold prior to about 1825 was Table of the product in the various quarters of the globe, Author's estimate of total annual production, consumption and addition to stock in the world from 1840 to 1875, Diagram showing estimated production and consumption of Production, consumption and exports of silver for the United Cause of the decline of silver with the decline of gold after 1849, 133 Relative values of gold and silver, in accordance with the experience of two hundred years, 139 |