Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2D. Appleton, 1877 |
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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 But if there is no gold or silver to be superseded - if the notes are added to the currency , instead of being substituted for the metallic part of it — all holders of ...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 But if there is no gold or silver to be superseded - if the notes are added to the currency , instead of being substituted for the metallic part of it — all holders of ...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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17 yards Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers bill book credits bullion capitalists cheaper cheapness cheques circulation circumstances coin commerce consumers corn cost of carriage cost of labour cost of production crease days labour dealers debt depend depreciation diminished duction effect employment enable equal equivalent exchange value exist expense exports fall France Germany gold and silver imports improvement income increase industry international demand issue issuers labour and capital land law of value less loan lower means ment million mode modities mon language obtain paid payment person Poland population portion pounds precious metals produce proportion purchasing power quantity of money raise rate of interest rate of profit rent rise of prices seignorage sell shillings speculation supply supposed supposition things tion trade transactions value of money wages wanted whole yards of cloth yards of linen