In this groundbreaking work of political and economic analysis, Edward Atkinson argues for the repeal of the Legal-Tender Act, which he sees as having a harmful impact on the financial stability of the United States. Drawing on his years of experience as a businessman and observer of public finance, Atkinson dissects the flaws of the American monetary system and proposes a bold new vision for how it might be reformed. A must-read for anyone interested in the history of American finance or debates over the role of government in the economy. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.