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Excerpt from The Cold-Storage Baby: A Lawyer's Text-Book on Honest Money and Irredeemable Paper Currency
The material for the book was collected during the past three years, and the Book was ready for the printer when the present Panic started.
The publication has been delayed to await the Intro duction, which reviews the present panic, its causes, and the remedies proposed.
The author claims no gift of prophecy when he says that, in his book, he predicted the present panic; nor does he hesitate to state that Elastic Currency, if adopted, will be followed by a bankers' carnival and a people's panic at a much shorter interval of time than that between the present panic and its great predecessor of 1893.
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