Ideological Factors in Specie Resumption and Treasury Policy
Bibliographic Data
| ID | 10103878 |
|---|---|
| Authors | Richard H Timberlake (corresponding author) |
| Year | 1964 |
| Volume | 24 |
| Issue | 1 |
| Pages | 29-52 |
| Publication date | 1964-03-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic History (JOURNAL) |
| Journal identifiers | ISSN: 0022-0507 • E-ISSN: 1471-6372 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0022050700089877 |
| OpenAlex | W1917902801 |
| Language | EN |
| Citations received | 3 |
| References cited | 3 |
The general sentiment of Congress toward resumption of specie payments had become more and more desultory, not to say negative, during the early part of the 1870's. Nevertheless, the Resumption Act was passed in 1875, and resumption of specie payments at the pre-Civil War parity occurred on schedule in 1879. Observers have slighted this incongruity. Passage of the Resumption Act has come to be regarded as a true reflection of Victorian sentiment; ultimate resumption in 1879 was the proof of the pudding.2 What seems to have been lost in this rationalization of cause and effect is the generally unfavorable light in which resumption was being viewed in the middle 1870's, the alternatives that were available in lieu of resumption, and some of the forces of “immorality” that made these alternatives attractive
Economics · Ideology · Immorality · Law and economics · Morality · Payment · Political science · Politics · Rationalization (economics · Spanish Civil War · Treasury · Economic, financial, and policy analysis · Finance · Fiscal Policies and Political Economy · History · Law · Political and Economic history of UK and US
| Citations per year | 0.07 |
|---|---|
| Citation span | 1981 - 2022 (42) |
| Highly cited | No |