Almost four decades ago, during America's worst economic period since the Great Depression-- David P. Calleo, Harold Van B. Cleveland, Charles P. Kindleberger and Lewis E. Lehrman wrote the first edition of this book in 1976. Now, in 2012, one is tempted to quote the inimitable Yogi Berra: "This is déjà vu all over again."

The four essays by each contributor with a new foreword and afterword by Lewis E. Lehrman details how American and world prosperity depend on monetary reform, Federal Reserve reform, and restoration of international monetary order.

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The True Gold Standard. Buy it... it is a compelling read and a compelling architecture for a way forward."
— Lou Dobbs, Lou Dobbs Tonight - Fox Business News

In the Newly Revised and Enlarged Second Edition There are a few lessons to take away. One lesson of this book is that, contrary to conventional academic opinion, the quantity of money in circulation is not the problem. The problem of monetary disorder is how money is issued.

The True Gold Standard by Lewis E. Lehrman endeavors to answer these questions and more.

Students of Abraham Lincoln know the canon of his major speeches — from his Lyceum Speech of 1838 to his “Final Remarks” delivered from a White House window, days before he was murdered in 1865. Less well-known are the two speeches given at Springfield and Peoria two weeks apart in 1854. They marked Mr. Lincoln’s reentry into the politics of Illinois and, as he could not know, his preparation for the Presidency in 1861. These Lincoln addresses catapulted him into the debates over slavery which dominated Illinois and national politics for the rest of the decade. Lincoln delivered the substance of these arguments several times — certainly in Springfield on October 4, 1854, for which there are only press reports. A longer version came twelve days later in Peoria. To understand President Abraham Lincoln, one must understand the Peoria speech of October 16, 1854. It forms the foundation of his politics and principles, in the 1850s and in his Presidency.

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