Excerpt from Paper Money, the Root of Evil: An Examination of the Currency of the United States, With Practical Suggestions for Restoring Specie Payments Without Robbing Debtors This book was written, but not published, in the winter of 1867-68. It has now been rewritten and brought down to the present time as near as possible, and a chapter added on the tariff question. The discussions of financial subjects seem to be confined of late almost wholly to that question, to the exclusion of that more important topic, the currency. The public mind is thus led on a false scent, and the cause of free-trade is likely to suffer in the long run by being forced into premature prominence. The object here proposed is in part to show the preliminary work to be done before revenue reform can be perfected. The refunding of the debt and the restoration of specie payments are of more importance than the adjustment of our revenue system, and ought to precede it. In fact, when those reforms are accomplished, "protection" will die of old age - a natural death. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.