The Works of Walter Bagehot ..., Volumen5Travelers Insurance Company, 1891 |
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Página 28
... ment must cause , and does cause , a great difference in the profits . Inevitably , the shareholders of the Bank of England will dislike this great difference ; more or less , they will always urge their directors - to diminish as far ...
... ment must cause , and does cause , a great difference in the profits . Inevitably , the shareholders of the Bank of England will dislike this great difference ; more or less , they will always urge their directors - to diminish as far ...
Página 29
... ment ; they want to be repaid according to agree- ment ; the contract was that they should be paid on demand , and if they are not paid on demand they may be ruined : and that instant payment , in the years I speak of , the Bank of ...
... ment ; they want to be repaid according to agree- ment ; the contract was that they should be paid on demand , and if they are not paid on demand they may be ruined : and that instant payment , in the years I speak of , the Bank of ...
Página 51
... ment the trained banking element ; and we should insure more constancy in the administration . Thirdly . As these two suggestions are designed to make the Bank as strong as possible , we should look at the rest of our banking system ...
... ment the trained banking element ; and we should insure more constancy in the administration . Thirdly . As these two suggestions are designed to make the Bank as strong as possible , we should look at the rest of our banking system ...
Página 63
... ment created by the revolution of 1688 could hardly expect to be more trusted with money than its pre- decessor . A government created by a revolution hardly ever is : there is a taint of violence which capitalists dread instinctively ...
... ment created by the revolution of 1688 could hardly expect to be more trusted with money than its pre- decessor . A government created by a revolution hardly ever is : there is a taint of violence which capitalists dread instinctively ...
Página 64
... ment were extreme . At last a scheme was hit upon which would relieve their necessities . " The plan , " says Macaulay , " was , that twelve hundred thousand pounds should be borrowed by the government , on what was then considered as ...
... ment were extreme . At last a scheme was hit upon which would relieve their necessities . " The plan , " says Macaulay , " was , that twelve hundred thousand pounds should be borrowed by the government , on what was then considered as ...
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Términos y frases comunes
able abstract Adam Smith amount augment Bank directors Bank of England Bank of France bankers Banking Department banking reserve bill-brokers bills borrow bullion capital capitalist cash causes cent circulation coin coinage commerce commodities consequence currency deal dealers demand deposit banking deposits depreciation of silver difficulty diminish discount doubt Economist effect employment English equal evil exchange export fact foreign gold Governor greater important increase India industry joint-stock banks keep labor land Latin Union legal tender lend less liabilities loans Lombard Street London Lord Overstone means ment merchants metal mind money market nations nature never obtain paid panic payments persons political economy present price of silver principle probably produce profit quantity reason Ricardo rise rupees securities sell society sovereign supply theory things tion trade transactions wealth whole