Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Appleton, 1923 |
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Сторінка 49
... supposed to be re- quired for small payments . The only precaution necessary is , not to put so high a valuation upon the silver , as to hold out a strong temptation to private coining . CHAPTER XI . OF CREDIT , AS A SUBSTITUTE FOR 43 ...
... supposed to be re- quired for small payments . The only precaution necessary is , not to put so high a valuation upon the silver , as to hold out a strong temptation to private coining . CHAPTER XI . OF CREDIT , AS A SUBSTITUTE FOR 43 ...
Сторінка 55
... supposed , " says Mr. Henry Thornton , * " that there are in London ten manufacturers who sell their article to ten shopkeepers in York , by whom it is retailed ; and that there are in York ten manufacturers of another cominodity , who ...
... supposed , " says Mr. Henry Thornton , * " that there are in London ten manufacturers who sell their article to ten shopkeepers in York , by whom it is retailed ; and that there are in York ten manufacturers of another cominodity , who ...
Сторінка 74
... supposed to be evidence that he may safely be trusted by others also . It appears , therefore , that bank notes are a more power- ful instrument for raising prices than bills , and bills than book credits . It does not , indeed , follow ...
... supposed to be evidence that he may safely be trusted by others also . It appears , therefore , that bank notes are a more power- ful instrument for raising prices than bills , and bills than book credits . It does not , indeed , follow ...
Сторінка 80
... supposed greatly to exceed a hundred millions sterling . * The bank note circulation of Great Britain and Ireland seldom exceeds forty millions , and the increase in speculative periods at most two or three . And even this , as we have ...
... supposed greatly to exceed a hundred millions sterling . * The bank note circulation of Great Britain and Ireland seldom exceeds forty millions , and the increase in speculative periods at most two or three . And even this , as we have ...
Сторінка 81
... supposed , in moderating either that rise , or the recoil which follows it . We shall be still less inclined to think so , when we consider that there is a fourth form of credit transactions , by cheques on bankers , and tranfers in a ...
... supposed , in moderating either that rise , or the recoil which follows it . We shall be still less inclined to think so , when we consider that there is a fourth form of credit transactions , by cheques on bankers , and tranfers in a ...
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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