Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Appleton, 1923 |
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Сторінка 61
... banker , and making all payments , except small ones , by orders on bankers , is in this country spreading to a continually larger portion of the public . If the person making the payment , and the person receiving it , keep their money ...
... banker , and making all payments , except small ones , by orders on bankers , is in this country spreading to a continually larger portion of the public . If the person making the payment , and the person receiving it , keep their money ...
Сторінка 62
... banker sends , each afternoon , all the cheques on other bankers which he has received during the day , and they are there exchanged for the cheques on him which have come into the hands of other bankers , the balances only being paid ...
... banker sends , each afternoon , all the cheques on other bankers which he has received during the day , and they are there exchanged for the cheques on him which have come into the hands of other bankers , the balances only being paid ...
Сторінка 65
... , which is paid for by a cheque on a banker , is bought with money which not only is not in the payer's possession , but generally not 44 INFLUENCE OF CREDIT ON PRICES . 65 Credit a purchasing power similar to money,
... , which is paid for by a cheque on a banker , is bought with money which not only is not in the payer's possession , but generally not 44 INFLUENCE OF CREDIT ON PRICES . 65 Credit a purchasing power similar to money,
Сторінка 66
... banker's , having been lent by him ( all but the usual reserve ) to other persons . We just now made the imagi- nary supposition that all persons dealt with a bank , and all with the same bank , payments being universally made by ...
... banker's , having been lent by him ( all but the usual reserve ) to other persons . We just now made the imagi- nary supposition that all persons dealt with a bank , and all with the same bank , payments being universally made by ...
Сторінка 67
... banker's credit with the seller , and his own with the banker . Had he done so , he would have produced as great an effect on price as by a simple purchase to the same amount on a book credit , but no greater effect . The credit itself ...
... banker's credit with the seller , and his own with the banker . Had he done so , he would have produced as great an effect on price as by a simple purchase to the same amount on a book credit , but no greater effect . The credit itself ...
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17 yards Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers benefit bills bullion capitalists cause cheaper cheapness cheques circulation circumstances classes 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 foreign commodities foreign countries France Germany gold and silver imports improvement income increase industry international demand issue issuers labour and capital land law of value les associés less loans lower means ment million modities obtain paid payment permanent persons Poland population portion pounds sterling precious metals produce proportion raise rate of interest rate of profit rent rise of prices savings seignorage sell speculation supply suppose supposition theory things tion trade transactions value of money wages whole yards of cloth yards of linen