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" The history of what we are in the habit of calling the " state of trade " is an instructive lesson. We find it subject to various conditions which are periodically returning ; it revolves apparently in an established cycle. First we find it in a state... "
Economists and the Economy: The Evolution of Economic Ideas - Сторінка 159
автори: Roger Backhouse - 260 стор.
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The North American Review, Том 79

Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - 1854 - 580 стор.
...general agitation and distress. The state of trade, says Lord Overstone (formerly Mr. Jones Loyd), "revolves apparently in an established cycle. First...stagnation — distress — ending again in quiescence." Mr. Lalor augurs evil from the present immense influx of gold, because, he argues, "only a small fractional...
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Reflections Suggested by a Perusal of Mr. J. Horsley Palmer's ..., Том 34

Samuel Jones Loyd Baron Overstone - 1837 - 64 стор.
...history of what we are in the habit of calling the " state of trade" is an instructive lesson. We find it subject to various conditions which are periodically...stagnation, — distress, — ending again in quiescence. Now during the progress of trade through this circular course, what is the necessary situation and...
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Remarks Upon Some Prevalent Errors, with Respect to Currency and Banking ...

George Warde Norman - 1838 - 116 стор.
....examining what we are in the habit of calling " the state of trade, we find it subject to certain " conditions which are periodically returning; " it...quiescence — next " improvement — growing confidence — prospe" rity — excitement — over-trading — convulsion— " pressure— stagnation — distress...
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The Financial Register of the United States

Condy Raguet - 1838 - 428 стор.
...various conditions which are periodically rcturning; it revolves apparently in an established cyele. First we find it in a state of quiescence, — next...stagnation, distress, — ending again in quiescence. Now, during the progress of trade through this circular course, what is the necessary situation and...
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Metallic, Paper, and Credit Currency

James Whatman Bosanquet - 1842 - 170 стор.
...indication is found in the exchanges. Mr. Loyd has well described the history of trade. He says, " First we find it in a state of quiescence, next improvement,...confidence, prosperity, excitement, overtrading." Up to this point we know that this is not a description of times of efflux of bullion, scarcity of...
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History of the Bank of England: Its Times and Traditions, Том 1

John Francis - 1847 - 324 стор.
...histoiy of what we are in the habit of calling the ' state of trade' is an instructive lesson. We find it subject to various conditions which are periodically...established cycle. First we find it in a state of quiesence—next improvement—growing confidence—prosperity — excitement—overtrading — convulsion—pressure...
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Money and Morals: A Book for the Times

John Lalor - 1852 - 368 стор.
...history of what we are in the habit of calling the state of trade is an instructive lesson. We find it subject to various conditions which are periodically...stagnation— distress — ending again in quiescence." LORD OTERSTONE', 1837. Savings in a Currency and in Commodities. THE first portion of a currency that...
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Money and Morals: A Book for the Times

John Lalor - 1852 - 376 стор.
...history of what we are in the habit of calling the state of trade is an instructive lesson. We find it subject to various conditions which are periodically...confidence — prosperity — excitement— over-trading — COHVULSION — pressure — stagnation — distress — ending again in quiescence." Loao OVEHSTONE',...
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Money and Morals: A Book for the Times

John Lalor - 1852 - 380 стор.
...history of what we are in the habit of calling the state of trade is an instructive lesson. We find it subject to various conditions which are periodically...improvement — growing confidence — prosperity — excitement—over-trading — CONVULSION — pressure — stagnation — distress — ending again...
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The Rambler, a Catholic journal of home and foreign literature [&c ..., Том 11

1853 - 560 стор.
...history of what we are in the habit of calling the state of trade is an instructive lesson. We find it subject to various conditions which are periodically...stagnation, distress, ending again in quiescence.' Think for a moment of the import of the fact, that what these words describe is the life, the habitual...
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