Project Gutenberg 2020-05-07 Public domain in the USA. 142 Owen, Robert L. (Robert Latham) 1856 1947 Owen, Robert Latham 19013733 Foreign Exchange Produced by Paul Marshall and the Online Distributed Proofreading Team at https://www.pgdp.net (This file was produced from images generously made available by The Internet Archive) "Foreign Exchange" by Robert L. Owen is a comprehensive treatise on international finance and currency management written in the early 20th century, specifically in the context of post-World War I economic dynamics. The book focuses on the importance of maintaining the value of the American dollar in foreign markets, addressing the challenges posed by war conditions that resulted in depreciation against other currencies. Owen, a United States Senator from Oklahoma and the chairman of the Senate Committee on Banking and Currency, leverages his expertise to analyze the mechanisms of foreign exchange and the balance of trade. In "Foreign Exchange," Owen outlines the factors contributing to the American dollar's depreciation abroad, particularly in countries like Spain and Italy, and discusses the detrimental effects on American commerce and international relationships. The book delves into the intricacies of foreign bills of exchange, the concept of balance of trade, and the impact of government policies on currency valuation. Owen offers potential remedies to stabilize the dollar, such as the establishment of a Federal Reserve Foreign Bank to manage international exchange effectively and safeguard the value of American currency on the global stage. Through his analysis, Owen calls for coordinated governmental action to rectify the economic imbalances arising from war conditions and maintain the prestige of the dollar as a stable measure of value in international contracts. (This is an automatically generated summary.) Reading ease score: 48.7 (College-level). Difficult to read. en Foreign exchange Federal Reserve banks HG Text Category: History - Modern (1750+) Category: Politics Category: Economics 104756 2025-07-24T13:44:43.071908 text/html 84480 2024-10-18T03:14:20 text/html 140748 2025-07-24T13:44:45.830855 application/epub+zip 138477 2025-07-24T13:44:43.606882 application/epub+zip 87680 2025-07-24T13:44:43.331883 application/epub+zip 192162 2025-07-24T13:44:47.680840 application/x-mobipocket-ebook 169762 2025-07-24T13:44:45.531878 application/x-mobipocket-ebook 119098 2022-09-28T01:19:27.715949 application/x-mobipocket-ebook 84459 2025-07-24T13:44:42.683869 text/plain; charset=us-ascii 64649 2024-10-18T03:14:20 text/plain; charset=us-ascii 17046 2025-07-24T13:44:47.812840 application/rdf+xml 17010 2025-07-24T13:44:43.408863 image/jpeg 2247 2025-07-24T13:44:43.369876 image/jpeg 144449 2025-07-24T13:44:43.083889 application/octet-stream application/zip Archives containing the RDF files for *all* our books can be downloaded at https://book.klll.cc/wiki/Gutenberg:Feeds#The_Complete_Project_Gutenberg_Catalog en.wikipedia