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Promissory notes, . - - - - - - - . 60 6. Deposits and cheques, . - - - - - - . 61 Charter
XII. Influence of credit on Prices. " § 1. The influence of bank notes, bills, and
cheques, on price, a part of the influence of Credit, . - - - - . 64 2. Credit a
Influence of Currency on the Ecchanges and on Foreign Trade. - § 1 . Variations
in the exchange, which originate in the currency, 198 2. Effect of a sudden
increase of a metallic currency, or of the sudden creation of bank notes or other ...
In like manner the currency of the agricultural districts fluctuates in amount at
different seasons of the year. ... as the season, and with just as little disturbance
of the markets as the quarterly fluctuations of the notes of the Bank of England.
... the quantity of metal in a sovereign, should be worth 31, 17s. 104d.; but it was
usually quoted at 31, 17s. 6d., until the Bank Charter Act of 1844 made it
imperative on the Bank to give its notes for all bullion offered to it at the rate of 3l.
retail transactions between dealers and consumers, and in the payment of wages
, that money or bank notes now pass, and then only when the amounts are small.
In London, even shopkeepers of any amount of capital or extent of business ...
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LibraryThing ReviewРецензія користувача - JohnPhelan - LibraryThing
Pragmatic or muddled? Mill sets out to explore economic principles but, ultimately, finds that there is no principle which doesn't have any amount of conceivable exceptions. You have to wonder why its ... Читати огляд повністю