Oliver Mitchell Wentworth Sprague Knihy

This book presents a series of proposals for banking reform in the United States, including the establishment of a central bank with limited power. Sprague, a leading economist of his time, argues for the necessity of such reforms in order to stabilize the banking system and prevent periodic financial crises. This book is essential reading for anyone interested in the history of banking in the United States and the ongoing debate over banking regulation and reform.