Principles of Political Economy, with Some of Their Applications to Social Philosophy, Том 21862 |
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Сторінка 22
... England . As soon as the extra payments have been completed , the superfluous " currency , which is estimated at half a million , " as certainly and immediately is reabsorbed and disappears . " * If extra currency were not forthcoming ...
... England . As soon as the extra payments have been completed , the superfluous " currency , which is estimated at half a million , " as certainly and immediately is reabsorbed and disappears . " * If extra currency were not forthcoming ...
Сторінка 34
... England , adopt the more costly of the two as their standard , resort to a different ex- pedient for retaining them both in circulation , namely , to make silver a legal tender , but only for small payments . In England , no one can be ...
... England , adopt the more costly of the two as their standard , resort to a different ex- pedient for retaining them both in circulation , namely , to make silver a legal tender , but only for small payments . In England , no one can be ...
Сторінка 49
... amount of transac- tions is daily liquidated , without bank notes at all , cheques on the Bank of England supplying their place , VOL . II . CHAPTER XII . INFLUENCE OF CREDIT ON PRICES . § CREDIT AS A SUBSTITUTE FOR MONEY , 49.
... amount of transac- tions is daily liquidated , without bank notes at all , cheques on the Bank of England supplying their place , VOL . II . CHAPTER XII . INFLUENCE OF CREDIT ON PRICES . § CREDIT AS A SUBSTITUTE FOR MONEY , 49.
Сторінка 70
... England notes under the law of converti- bility , that any difficulty arises ; those notes not being a legal tender from the Bank itself , though a legal tender from all other persons . Bank of England notes undoubtedly do close ...
... England notes under the law of converti- bility , that any difficulty arises ; those notes not being a legal tender from the Bank itself , though a legal tender from all other persons . Bank of England notes undoubtedly do close ...
Сторінка 86
... England , for many years subsequent to 1819 , it was pertinaciously contended , that a large portion of the national debt , and a multitude of private debts still in existence , were contracted between 1797 and 1819 , when the Bank of ...
... England , for many years subsequent to 1819 , it was pertinaciously contended , that a large portion of the national debt , and a multitude of private debts still in existence , were contracted between 1797 and 1819 , when the Bank of ...
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100 days labour 17 yards Adam Smith advantage amount assignats bank notes Bank of England bankers benefit book credits borrow bullion cheaper cheapness cheques circulation circumstances coin commerce consumers corn cost of carriage cost of production dealers debt depend depreciated diminished dities duction effect employed equal equation of international equivalent exactly exchange value existence expense exports fall foreign commodities foreign countries France Germany gold and silver imports improvement increase interchange international demand international values issue issuers labour and capital land law of value less loans lower means medium mode modities obtain paid paper currency payment permanent persons Poland portion pounds pounds sterling precious metals produce proportion purchasing power quantity of money rate of interest rate of profit ratio rise of prices seignorage sell speculation suppose supposition theory things tion transactions value of money wages wanted whole yards of cloth yards of linen