Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Appleton, 1923 |
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Сторінка 55
... debt . § 4. Bills of exchange were first introduced to save the expense and risk of transporting the precious metals ... debt in London in the same manner as that at York . The expense and the risk of all transmission of money would thus ...
... debt . § 4. Bills of exchange were first introduced to save the expense and risk of transporting the precious metals ... debt in London in the same manner as that at York . The expense and the risk of all transmission of money would thus ...
Сторінка 56
... debt due from one person can thus be made available for obtaining credit from another . The conve- nience of the expedient has led to the frequent creation of bills of exchange not grounded on any debt previously due to the drawer of ...
... debt due from one person can thus be made available for obtaining credit from another . The conve- nience of the expedient has led to the frequent creation of bills of exchange not grounded on any debt previously due to the drawer of ...
Сторінка 59
... debt or a pecuniary claim , it does something for which , if the bill did not exist , money would be required : it perfoms the functions of currency . This is a use to which bills of exchange are often applied . " They not only ...
... debt or a pecuniary claim , it does something for which , if the bill did not exist , money would be required : it perfoms the functions of currency . This is a use to which bills of exchange are often applied . " They not only ...
Сторінка 73
... debt to him a means of extending his own credit . Whatever credit he has , will be due to the general opinion entertained of his solvency ; he cannot specifically pledge A's debt to a third person , as a security for money lent or goods ...
... debt to him a means of extending his own credit . Whatever credit he has , will be due to the general opinion entertained of his solvency ; he cannot specifically pledge A's debt to a third person , as a security for money lent or goods ...
Сторінка 74
... debt , if the person on whom the bill is drawn fails to pay it when due . B there- fore can expend the whole of the ... debts , would be susceptible of a great ad- • ditional extension by means of bills , and of a 74 BOOK III . CHAPTER ...
... debt , if the person on whom the bill is drawn fails to pay it when due . B there- fore can expend the whole of the ... debts , would be susceptible of a great ad- • ditional extension by means of bills , and of a 74 BOOK III . CHAPTER ...
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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