000 02352cam a22003253u 4500
001 34187
003 UtSlPG
005 20260610133759.0
006 m
007 cr n
008 260607r2010||||utu|||||o|||||||||||||| d
010 _a06033344
040 _aUtSlPG
041 7 _aen
_2iso639-1
050 4 _aHG
100 1 _aSpooner, Lysander,
_d1808-1887
245 1 2 _aA New Banking System :
_bThe Needful Capital for Rebuilding the Burnt District
264 1 _aSalt Lake City, UT :
_bProject Gutenberg,
_c2010
300 _a1 online resource :
_bmultiple file formats
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
500 _aRelease date is 2010-11-01
508 _aProduced by Curtis Weyant and the Online Distributed Proofreading Team at https://www.pgdp.net (This file was produced from images generously made available by The Internet Archive)
520 _a"A New Banking System" by Lysander Spooner is a economic treatise written in the early 1870s. The book outlines Spooner's proposal for a banking system that utilizes the vast amounts of real estate and infrastructure available in Massachusetts and by extension the United States to create a new form of currency. The likely topic centers around banking reform and the promotion of a paper currency that is backed by productive assets rather than gold or silver. In this work, Spooner critiques the existing banking system, mainly the "National" banks, arguing that it is monopolistic and detrimental to the economic well-being of the broader population. He outlines an alternative system that uses mortgages and railroads as banking capital, leading to the creation of a more accessible and abundant currency. This new system promises not only to provide sufficient credit and liquidity to individuals and businesses alike but also to ensure stability without inflating prices. By emphasizing the connection between currency, credit, and economic productivity, Spooner seeks to enable a more equitable financial environment that empowers both workers and entrepreneurs. (This is an automatically generated summary.)
534 _nOriginal publication data not identified
653 _aPaper money
653 _aBanks and banking -- United States
856 4 0 _uhttps://www.gutenberg.org/ebooks/34187
999 _c75033
_d75033