Publisher's Synopsis
Excerpt from An Argument Addressed to His Excellency, the Governor of Pennsylvania, in Support of the Bill to Incorporate the Pennsylvania Fiscal Agency
Fluctuations in the amount of the currency are seldom if ever the origi nal and exciting cause of ?uctuations in prices, and in the state of trade. The buoyant and sanguine character of the human mind, miscalculations as to the relative extent of supply and demand, ?uctuations of the seasons, changes of taste and fashion, legislative enactments and political events, excitement or-depression in the condition of other countries connected with us by active trading intercourse, an endless variety of casualties acting upon those sympathies, by which masses of men are often urged into a state of excitement or depression, - these all, or some of them, are generally the originally exciting causes of great variations in the state of trade.
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