Excerpt from Modern Foreign Exchange: Monetary Systems, Intrinsic Equivalents and Commercial Rates of Exchange of All Countries and Their Relation to United States Money The development of our foreign trade makes it most desirable that we should have a comprehensive grasp of foreign exchange as each domestic commercial center strives for as much direct and independent business as it can possibly get. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.