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Will lower demand for existing national currencies and, if volume of these last
It will not be quickly reduced, there will be their depreciation. In process of development of it
Process all unreliable currencies will be gradually superseded. A condition,
Necessary for the termination of process of replacement of the governmental money, while
They have not disappeared at all from the reference, consists in, that the government
Has reconsidered the approach and watched, that issue of its currency
Issue of currencies of the competing private was regulated by the same principles, as
Establishments. It is improbable that the government will succeed in it, as, that
To prevent accelerated depreciation of the currency, it should react
On new currencies fast reduction of own issue .
"One thousand police dogs": a vigilant press
The competition between banks of issue can be aggravated sharply with the help
Careful supervision over their behaviour from outside the press and a currency stock exchange.
Any information necessary for acceptance of so important decision for business,
Namely, what currency to use in contracts and calculations, should daily
To be published in a financial press and to be given issue
Banks for data of public. Really, one thousand police dogs will pursue
The unfortunate banker, not had time to react quickly enough, that
To provide steady value of currency let out by it. Newspapers, possibly, steels
Daily to publish not only current exchange rates of currencies, but also and
Tables of their current value and deviations of each of them from the declared
The commodity standard of cost. Tables can look approximately as Table I
Nothing will call it fear bankers, than possibility to see in
To the newspaper of the quotation of the currency, printed with a bold type and specifying on
That its real value has fallen below the standard of maximum deviations,
Established by the given financial edition.
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