Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Longmans, Green, Reader, and Dyer, 1871 |
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Сторінка v
... in it .. 2 . - which is determined by the cost of production . 3. This law , how related to the principle laid down in the preceding chapter . • 27 19 235 23 • 26 28 CHAPTER X. Of a Double Standard , and Subsidiary Coins.
... in it .. 2 . - which is determined by the cost of production . 3. This law , how related to the principle laid down in the preceding chapter . • 27 19 235 23 • 26 28 CHAPTER X. Of a Double Standard , and Subsidiary Coins.
Сторінка vi
... Coins . § 1. Objections to a double standard 2. The use of the two metals as money , how obtained without making both of them legal tender CHAPTER XI . Of Credit as a Substitute for Money . 1. Credit not a creation but a transfer of the ...
... Coins . § 1. Objections to a double standard 2. The use of the two metals as money , how obtained without making both of them legal tender CHAPTER XI . Of Credit as a Substitute for Money . 1. Credit not a creation but a transfer of the ...
Сторінка 15
... coin in his pocket : this example , however , would involve an alteration of the proportions in the demand for different commodities ; the luxuries of the poor would , in the first instance be raised in price , in a much greater degree ...
... coin in his pocket : this example , however , would involve an alteration of the proportions in the demand for different commodities ; the luxuries of the poor would , in the first instance be raised in price , in a much greater degree ...
Сторінка 23
... coin have never been effectual . A commodity of such small bulk in proportion to its value is so easily smuggled , and still more easily melted , that it has been impossible by the most stringent measures to prevent these operations ...
... coin have never been effectual . A commodity of such small bulk in proportion to its value is so easily smuggled , and still more easily melted , that it has been impossible by the most stringent measures to prevent these operations ...
Сторінка 24
... coin , and the same weight in an ingot , will precisely exchange for one another . On the supposition of freedom , the metal cannot be worth more in the state of bullion than of coin ; for as it can be melted without any loss of time ...
... coin , and the same weight in an ingot , will precisely exchange for one another . On the supposition of freedom , the metal cannot be worth more in the state of bullion than of coin ; for as it can be melted without any loss of time ...
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Загальні терміни та фрази
17 yards advantage amount assignats bank notes Bank of England bankers bills of exchange book credits borrow bullion cause cheaper cheapness cheques circulating medium circumstances coin consequence consumers cost of carriage cost of production dealers debt demand and supply depend deposits depreciation diminished discounted duction effect employed equal equivalent exactly exchange value existing expense exports fall foreign commodities foreign countries France Germany gold and silver greater hands imports improvement increase international demand issue issuers labour and capital land law of value less loan market lower means million mode obtain paid payments permanent person portion pounds pounds sterling precious metals produce proportion purchasing power quantity of money raise rate of interest rate of profit ratio rise of prices seignorage sell shillings speculation suppose supposition theory things tion trade transactions value of money wages wanted whole yards of cloth yards of linen