Principles of Political Economy, with Some of Their Applications to Social Philosophy, Том 21862 |
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Сторінка xiii
... Debt . § 1. Is it desirable to defray extraordinary public expenses by 454 459 • 461 loans ? ... 465 2. Not desirable to redeem a national debt by a general con- tribution · 469 3. In what cases desirable to maintain a surplus revenue ...
... Debt . § 1. Is it desirable to defray extraordinary public expenses by 454 459 • 461 loans ? ... 465 2. Not desirable to redeem a national debt by a general con- tribution · 469 3. In what cases desirable to maintain a surplus revenue ...
Сторінка 7
... that least covert of all modes of knavery , which consists in calling a shilling a pound , that a debt of a hundred pounds may be cancelled by the payment of a hundred shillings . It MONEY . 7 Laisser-faire the general rule.
... that least covert of all modes of knavery , which consists in calling a shilling a pound , that a debt of a hundred pounds may be cancelled by the payment of a hundred shillings . It MONEY . 7 Laisser-faire the general rule.
Сторінка 33
... debt of one pound , and he can procure silver convertible into twenty shillings for less gold than that contained in a sovereign . The other consequence will be , that unless a sovereign can be sold for more than twenty shillings , all ...
... debt of one pound , and he can procure silver convertible into twenty shillings for less gold than that contained in a sovereign . The other consequence will be , that unless a sovereign can be sold for more than twenty shillings , all ...
Сторінка 40
... debts of A to B may be paid without the intervention of money , even though there be no reciprocal debts of B to A. A may satisfy B by making over to him a debt due to himself from a third person , C. This is con- veniently done by ...
... debts of A to B may be paid without the intervention of money , even though there be no reciprocal debts of B to A. A may satisfy B by making over to him a debt due to himself from a third person , C. This is con- veniently done by ...
Сторінка 41
... debt in London in the same manner as that at York . The expense and the risk of all transmission of money would thus be saved . Letters ordering the transfer of the debt are termed , in the language of the present day , bills of ...
... debt in London in the same manner as that at York . The expense and the risk of all transmission of money would thus be saved . Letters ordering the transfer of the debt are termed , in the language of the present day , bills 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