Principles of Political Economy: With Some of Their Applicaitons to Socila Philosophy, Том 2D. Appleton, 1884 |
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... bullion contained in it , . 2 . - • • 37 40 42 - which is determined by the cost of production , 3. This law , how related to the principle laid down in the pre- ceding chapter , CHAPTER X. Of a Double Standard , and Subsidiary Coins.
... bullion contained in it , . 2 . - • • 37 40 42 - which is determined by the cost of production , 3. This law , how related to the principle laid down in the pre- ceding chapter , CHAPTER X. Of a Double Standard , and Subsidiary Coins.
Сторінка 4
... bullion , an inconvertible cur- rency might be safe , but not expedient , 3. Examination of the doctrine that an inconvertible currency is safe if representing actual property , 888 91 • 93 4. of the doctrine that an increase of the ...
... bullion , an inconvertible cur- rency might be safe , but not expedient , 3. Examination of the doctrine that an inconvertible currency is safe if representing actual property , 888 91 • 93 4. of the doctrine that an increase of the ...
Сторінка 38
... bullion . It may be thought however that the coin , though it cannot be of less , may be , and being a manufactured article will naturally be , of greater value than the bullion contained in it , on the same principle on which linen ...
... bullion . It may be thought however that the coin , though it cannot be of less , may be , and being a manufactured article will naturally be , of greater value than the bullion contained in it , on the same principle on which linen ...
Сторінка 39
... bullion , it becomes the interest of the holders of bullion to send it to be coined . If Government , however , throws the expense of coinage , as is reasonable , upon the holder , by making a charge to cover the expense ( which is done ...
... bullion , it becomes the interest of the holders of bullion to send it to be coined . If Government , however , throws the expense of coinage , as is reasonable , upon the holder , by making a charge to cover the expense ( which is done ...
Сторінка 40
... bullion is deposited , before the coin can be ob- tained , occasioning a loss of interest , which , to the holder , is equivalent to a trifling seignorage . From this cause , the value of coin is in general slightly above that of the ...
... bullion is deposited , before the coin can be ob- tained , occasioning a loss of interest , which , to the holder , is equivalent to a trifling seignorage . From this cause , the value of coin is in general slightly above that of the ...
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100 days labour 17 yards advantage amount assignats bank notes Bank of England bankers barter benefit bills of exchange book credits bullion cheaper cheapness cheques circulation circumstances coin commerce consumers corn cost of carriage cost of production crease dealers debt depend depreciation diminished duction effect equal equation of international equivalent exactly exchange value exist expense fall foreign commodities foreign countries France Germany gold and silver holders increase international demand international values issue issuers labour and capital land law of value less loan lower means medium mode modities mon language obtain paid paper currency payments permanent person Poland portion pounds precious metals produce proportion purchasing power quantity of money raise rate of interest rate of profit ratio rise of prices seignorage sell shillings speculation supposed supposition things tion trade transactions value of money wages wanted whole yards of cloth yards of linen