Principles of Political Economy with Some of Their Applications to Social Philosophy, Том 2C.C. Little & J. Brown, 1848 |
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Сторінка 37
... banker's hands ; and the banker , being taught by experience what proportion of the amount is likely to be wanted in a given time , and knowing that if one depositor happens to require more than the average , another will require less ...
... banker's hands ; and the banker , being taught by experience what proportion of the amount is likely to be wanted in a given time , and knowing that if one depositor happens to require more than the average , another will require less ...
Сторінка 41
... banker or other money- lender , that is , transfers the bill to him , receiving the amount , minus interest for the time it has still to run . It has become one of the chief functions of bills of exchange to serve as a means by which a ...
... banker or other money- lender , that is , transfers the bill to him , receiving the amount , minus interest for the time it has still to run . It has become one of the chief functions of bills of exchange to serve as a means by which a ...
Сторінка 45
... banker , who also endorses it , and sends it into further circulation . The bill in this case will have effected five payments exactly as if it were a £ 10 note payable to bearer on demand . A multitude of bills pass between trader and ...
... banker , who also endorses it , and sends it into further circulation . The bill in this case will have effected five payments exactly as if it were a £ 10 note payable to bearer on demand . A multitude of bills pass between trader and ...
Сторінка 47
... banker , the payment would take place without any intervention of money , by the mere transfer of its amount in the banker's books from the credit of the payer to that of the receiver . If all persons in London kept their cash at the ...
... banker , the payment would take place without any intervention of money , by the mere transfer of its amount in the banker's books from the credit of the payer to that of the receiver . If all persons in London kept their cash at the ...
Сторінка 48
... banker ; which , beside the safety and convenience of the practice , is to their advantage in another respect , by giving them an under- stood claim to have their bills discounted in cases when they could not otherwise expect it . As ...
... banker ; which , beside the safety and convenience of the practice , is to their advantage in another respect , by giving them an under- stood claim to have their bills discounted in cases when they could not otherwise expect it . As ...
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Загальні терміни та фрази
17 yards advantage amount assignats bank notes Bank of England banker bills of exchange book credits borrow bought bullion called checks circulating medium circumstances coin commerce consequence consumers convertible corn cost of carriage cost of production dealers debt demand and supply depend depreciated currency depreciation discounted duction effect equal equivalent exchange value existence expense exports fall fictitious bill foreign commodities foreign countries France Germany give gold and silver hands holders imports inconvertible increase issue issuers labor and capital land law of cost law of value less lower means mercantile mode modities obtain paid paper currency payment person Poland portion possession pounds precious metals produced profit proportion purchasing power quantity of money rate of interest rise of prices seignorage sell shillings sold speculation supposed supposition things tion trade transactions value of money wages wanted yards of cloth yards of linen
Популярні уривки
Сторінка 315 - Hitherto it is questionable if all the mechanical inventions yet made have lightened the day's toil of any human being. They have enabled a greater population to live the same life of drudgery and imprisonment, and an increased number of manufacturers and others to make fortunes. They have increased the comforts of the middle classes. But they have not yet begun to effect those great changes in human destiny, which it is in their nature and in their futurity to accomplish.
Сторінка 518 - Laisserfaire, in short, should be the general practice : every departure from it, unless required by some great good, is a certain evil.
Сторінка 312 - I confess I am not charmed with the ideal of life held out by those who think that the normal state of human beings is that of struggling to get on; that the trampling, crushing, elbowing, and treading on each other's heels, which form the existing type of social life, are the most desirable lot of human kind, or anything but the disagreeable symptoms of one of the phases of industrial progress.
Сторінка 491 - The only case in which, on mere principles of political economy, protecting duties can be defensible, is when they are imposed temporarily (especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country.
Сторінка 346 - Every tax ought to be levied at the time, or in the manner in which it is most likely to be convenient for the contributor to pay it.
Сторінка 346 - The subjects of every state ought to contribute to the support of the government, as nearly as possible in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Сторінка 123 - It is commerce which is rapidly rendering war obsolete, by strengthening and multiplying the personal interests which are in natural opposition to it. And it may be said without exaggeration that the great extent and rapid increase of international trade, in being the principal guarantee of the peace of the world, is the great permanent security for the uninterrupted progress of the ideas, the institutions, and the character of the human race.
Сторінка 115 - We may often, by trading with foreigners, obtain their commodities at a smaller expense of labour and capital than they cost to the foreigners themselves.
Сторінка 346 - The tax which each individual is bound to pay ought to be certain, and not arbitrary. The time of payment, the manner of payment, the quantity to be paid, ought to be clear and plain to the contributor, and to every other person...
Сторінка 511 - ... more necessity for surrounding individual independence of thought, speech, and conduct, with the most powerful defences, in order to maintain that originality of mind and individuality of character, which arc the only source of any real progress, and of most of the qualities which make the human race much superior to any herd of animals.