The downfall of the gold standard /
by Gustav Cassel.
- Oxford : Clarendon Press, 1936.
- viii, 262 ; 19 cm.
Includes index.
I. The gold standard in the light of pre-war experience -- II. The post-war reconstruction of the gold standard system -- III. The disruption of the new system -- IV. Postponement of monetary reform -- V. The end of the gold standard -- VI. The London conference -- VII. Silver -- VIII. The principal monetary systems after the London conference -- IX. The illusion of a return to gold.
"The view I express in the present book on the future of money has not been rashly or arbitrarily formed. I spent many years of hard work fighting for the restoration of an international gold standard. But when success seemed within reach, the forces of destruction again set in and swept away everything that had been accomplished. Careful examination of subsequent events has convinced me that a new attempt at restoration would be hopeless. But more than that: in the light of the experience that we now possess the shortcomings and defects of the gold standard appear to be so fundamental that the very idea of a return to such a system of money must be rejected as extremely hazardous; and we shall henceforth have to devote all our efforts to building up a new monetary system, entirely independent of gold." -- From the preface.