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"A Brief History of Panics and Their Periodical Occurrence in the United States"


DEC. W. THOM.
"BLAKEFORD,"
October 10, 1915.



A BRIEF HISTORY OF PANICS



INTRODUCTION

COMPRISING A CONDENSATION OF THE THEORY OF PANICS, BY M. JUGLAR,
RENDERED INTO ENGLISH, WITH CERTAIN ADDITIONAL MATERIAL,
BY DECOURCY W. THOM.

In this translation, made with the author's consent, my chief object
being to convey his entire meaning, I have unhesitatingly rendered the
French very freely sometimes, and again very literally. Style has thus
suffered for the sake of clearness and brevity, necessary to secure and
retain the attention of readers of this class of books. This same
conciseness has also been imposed on our author by the inherent dryness
and minuteness of his faithful inquiry into hundreds of figures, tables
showing the condition of banks at the time of various panics, etc.,
etc., essential to his demonstration. As an extreme instance of the
latitude I have sometimes allowed myself, I cite my rendering of the
title: "_Des Crises Commerciales et de Leur Retour Periodique en
France, en Angleterre et aux Etats-Unis_" merely as "Panics and Their
Periodical Occurrence in the United States": for M.


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