Publisher's Synopsis
Excerpt from A History of Modern Banks of Issue
The past twelve years have contributed much to strictly monetary as well as to banking history. Questions whose solution was doubtful and disputed have been settled to the satisfaction of intelligent men. The gold standard, which was described twelve years ago as a conspiracy against the human race, has been adopted in succession within that time by the United States, Russia, Austria - Hungary, Japan, and Mexico. Practically the only country remaining upon the silver standard is China, which is without a national monetary system, and even as these pages go to press despatches from China indicate that the government is planning such a national system to be based ultimately upon gold.
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