Principles of Political Economy with Some of Their Applications to Social Philosophy, Том 2C.C. Little & J. Brown, 1848 |
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Сторінка iv
... notes than bills 5. the distinction of little practical importance - 33 53 58 61 · 67 7. No generic distinction between bank notes and other forms of credit . 70 6. Checks an instrument for acting on prices , equally powerful with bank ...
... notes than bills 5. the distinction of little practical importance - 33 53 58 61 · 67 7. No generic distinction between bank notes and other forms of credit . 70 6. Checks an instrument for acting on prices , equally powerful with bank ...
Сторінка vi
... , or of the sud- den creation of bank notes or other substitutes for money . 3. Effect of the increase of an inconvertible paper currency . Real and nominal exchange · 172 173 • 178 CHAPTER XXIII . Of the Rate of Interest . § vi CONTENTS .
... , or of the sud- den creation of bank notes or other substitutes for money . 3. Effect of the increase of an inconvertible paper currency . Real and nominal exchange · 172 173 • 178 CHAPTER XXIII . Of the Rate of Interest . § vi CONTENTS .
Сторінка vii
... notes be protected in any peculiar manner against failure of payment ? • • 222 5. Should the issue of bank notes be confined to a single establish- • CHAPTER XXV . Of the Competition of different Coun- tries in the same Market . § 1 ...
... notes be protected in any peculiar manner against failure of payment ? • • 222 5. Should the issue of bank notes be confined to a single establish- • CHAPTER XXV . Of the Competition of different Coun- tries in the same Market . § 1 ...
Сторінка 21
... notes of the Bank of England . As soon as the extra payments have been completed , the " superflu- ous " currency , which is estimated at half a million , " cer- tainly and immediately is reabsorbed and disappears . " * If extra ...
... notes of the Bank of England . As soon as the extra payments have been completed , the " superflu- ous " currency , which is estimated at half a million , " cer- tainly and immediately is reabsorbed and disappears . " * If extra ...
Сторінка 23
... note to page 7 of his work on the Regulation of Currencies , show that it required a greater percentage of difference in value between coin and bullion than has commonly been im- agined , to bring the coin to the melting - pot . than an ...
... note to page 7 of his work on the Regulation of Currencies , show that it required a greater percentage of difference in value between coin and bullion than has commonly been im- agined , to bring the coin to the melting - pot . than an ...
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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.