Liquefied Wealth: A Cure For Financial Racketeering

Liquefied Wealth: A Cure For Financial Racketeering by H.C. Cutting

Book Description: H.C. Cutting, Oakland, CA, 1932. Hardcover. Book Condition: Good. 12mo - over 6¾ - 7¾" tall. Hardcover, Blue cloth boards with gilt title to cover and spine, black decorative design to cover and spine, Self Published in 1932. Book Condition: Good, boards rubbed and soil, corners bumped, bottom corners starting to fray, spine faded, moderate tanning to end papers and pages, small blemish (dead spider residue 1/8") to title page and opposite otherwise pages are clean. Spine straight binding intact. No Dust Jacket. Contents: Preface, Introduction to Prosperity, Chapter I: Cause of the "Business Cycle," II. Origin of Banking, III. What Our "Money" Really Is, IV. That "Farm Problem," V. Futile Effort, VI. Facts vs. "Psychology," VII. Labor and Home Buyers Victims of Bank Policy, VIII. Effect on Bank Policy on Other Industries, IX. The 1929 Slump, X. Bankers' Responsibility, XI. Opinions of the Mighty, XII. "Babes in the Wood," XIII. Liquefaction of Wealth, XIV. Point at Issue, XV. The Bank a Public Utility, XVI. Thirty Magic Words, XVII. "The Golden Torch to Thaw Frozen Assets," XVIII. Suggested Property Appraisal Methods, XIX. Loan Schedules and Terms, XX. Method of Obtaining Loans, XXI. Loans Not Forced on Banks, XXII. No Reserve, No Bank Failures, XXIII. Effect of Making Banks Public Utilities, XXIV. Effect on Agriculture, XXV. Effect on Labor, XXVI. Effect on Manufacturing, XXVII. effect on Merchandising, XXVIII. Effect on Other Lines, XXIX. Effect on World Relations, XXX. Summary -- Extremely SCARCE and opinionated title by H.C. Cutting written in the Depression era. The book primarily focuses on the flaws of the banking system and offers his ideas on how to improve it. For those not familiar with H.C. Cutting, his book "The Strangle Hold" (1921), was commented upon by Upton Sinclair as "The Uncle Tom's Cabin of Finance" and given as a reference by him as "The best book extant for an understanding of our banking system. 191 Pages, Extremely Scarce, Collectible.

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