Tag Archives: maximum bill

Richmond voters against maximum prices

Posted on October 23, 2013 by SUMPTER

150 years ago yesterday a referendum was held in Richmond so that voters could let their state representatives know whether or not the voters supported the “maximum bill” (price controls) that was being considered by the Virginia legislature. It didn’t … Continue reading →

Posted in 150 Years Ago This Week, Confederate States of America, Southern Society | Tagged , , , | Leave a comment

Richmond referendum

Posted on October 22, 2013 by SUMPTER

As inflation was ravaging the Confederacy 150 years ago, the Virginia state legislature was mulling over a “maximum bill” to regulate prices on a variety of goods. The Richmond city council called a referendum so that Richmond legislators would know … Continue reading →

Posted in 150 Years Ago This Week, Confederate States of America, Southern Society | Tagged , , , , | Leave a comment

price ceilings sound great

Posted on October 19, 2013 by SUMPTER

experience shows they don’t work out In last week’s post about price controls and the money supply I focused on the money printing. However, the price control part of the Richmond editorial was apparently alluding to a “maximum bill” to … Continue reading →

Posted in 150 Years Ago This Month, 150 Years Ago This Week, Confederate States of America, Southern Society | Tagged , , , , | Leave a comment