Principles of Political Economy: With Some of Their Applicaitons to Socila Philosophy, Том 2D. Appleton, 1884 |
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Сторінка 99
... saving to the community the expense of the more costly material . But if there is no gold or silver to be superseded - if the notes are added to the currency , instead of being substituted for the metallic part of it — all holders of ...
... saving to the community the expense of the more costly material . But if there is no gold or silver to be superseded - if the notes are added to the currency , instead of being substituted for the metallic part of it — all holders of ...
Сторінка 103
... of a legislature of bor- rowers might seem fit - who can say what rate of interest would have been a sufficient inducement to persons of com- mon sense to risk their savings in such an adventure INCONVERTIBLE PAPER CURRENCY . 103.
... of a legislature of bor- rowers might seem fit - who can say what rate of interest would have been a sufficient inducement to persons of com- mon sense to risk their savings in such an adventure INCONVERTIBLE PAPER CURRENCY . 103.
Сторінка 104
... savings in such an adventure ? How- ever much the fundholders had gained by the resumption of cash payments , the terms of the contract insured their giving ample value for it . They gave value for more than they received ; since cash ...
... savings in such an adventure ? How- ever much the fundholders had gained by the resumption of cash payments , the terms of the contract insured their giving ample value for it . They gave value for more than they received ; since cash ...
Сторінка 110
... savings because they have nothing on which they care to expend them . I grant that this is possible , and in some few instances probably happens ; but these do not in the slightest degree affect our conclusion . For , what do these ...
... savings because they have nothing on which they care to expend them . I grant that this is possible , and in some few instances probably happens ; but these do not in the slightest degree affect our conclusion . For , what do these ...
Сторінка 130
... saving of 50 days labour on each repetition of the transaction : and not merely a saving to England , but a saving absolutely ; for it is not obtained at the expense of Poland , who , with corn that costs her 100 days labour , has ...
... saving of 50 days labour on each repetition of the transaction : and not merely a saving to England , but a saving absolutely ; for it is not obtained at the expense of Poland , who , with corn that costs her 100 days labour , has ...
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Загальні терміни та фрази
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