Originally published in 1935, this book charts the revolution from a banking to an industrial conception of currency which took place between 1922 and 1932. Having failed to stabilise the purchasing power of gold, General Strong stabilised the purchasing power of the dollar, an idea which was revived on an international scale by the Ottawa Conference of 1932. The stabilisation of purchasing power, independently of gold, was subsequently adopted as the keystone of British currency policy.
Table of Contents
1. The Historical Approach 2. How Bankers Make Money 3. The Metallic Complex 4. The Gold Standard 5. The American Currency Revolution, 1922 6. The Currency Conflict 7. The American Collapse of 1929 8. The Macmillan Report 9. The Ottawa Currency Revolution 10. The Exchange Equalisation Fund 11. The Britihs empire Currency Declaration 12. The Currency Revolution - And After. Appendices.