CURRENCY: THE EVIL AND THE REMEDY. BY GODEK GARDWELL. FOURTH EDITION, IMPROVED.
[New York: Burgess & Stringer, 1844]. Original printed wrappers with wrapper title [as issued]. [2], 43, [1 blank] pp. Stitched, uncut and untrimmed. Lightly spotted [except for rear wrapper and rear endpapers, which are prominently spotted]. Else Very Good.
The stated Fourth Edition, but we locate only a four-page 1843 predecessor. The author's pseudonym is an anagram of 'Edward Kellogg.' The Panic of 1837 inspired Kellogg to devote his life to creating a monetary system which would prevent future convulsions and "permanently eradicate the evil." Kellogg became a hero in agrarian, populist, and labor circles for his proposals to eliminate the gold standard and to create in its place a government-controlled National Safety Fund as the basis of all currency. The Fund would issue legal tender notes and lend them on the security of real estate at a low rate of interest; and it would issue bonds that could be freely exchanged with the notes.
AI 44-3530 [5]. Sabin 26658. Item #27663
Price: $250.00