Currency and BankingH. S. King, 1876 - 176 páginas |
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Página 6
... capital importance in currency . No man acquires a piece of metallic currency , of money , except by giving for it its full value in other goods . From this fact it necessarily follows that to sell property and to receive in the place ...
... capital importance in currency . No man acquires a piece of metallic currency , of money , except by giving for it its full value in other goods . From this fact it necessarily follows that to sell property and to receive in the place ...
Página 29
... capital , food for workmen engaged in the production of wealth . It must not be spoken of as a calamity ; it is a thing to rejoice over . Gold exercises a most valuable function in liquidating the balances of international trade . All ...
... capital , food for workmen engaged in the production of wealth . It must not be spoken of as a calamity ; it is a thing to rejoice over . Gold exercises a most valuable function in liquidating the balances of international trade . All ...
Página 44
... capital is thus rescued and kept for the maintenance of English in- dustry , whilst the supply of the fitting tools is complete , is obvious . We come now to the very important and much- debated inquiry , how these paper machines for ex ...
... capital is thus rescued and kept for the maintenance of English in- dustry , whilst the supply of the fitting tools is complete , is obvious . We come now to the very important and much- debated inquiry , how these paper machines for ex ...
Página 45
... capital . The public pays exactly the same for the tool of exchange , whether it procures it from a miner or from a bank . But when the wealth is given to a miner , he consumes it ; the nation retains , no doubt , an equal value of gold ...
... capital . The public pays exactly the same for the tool of exchange , whether it procures it from a miner or from a bank . But when the wealth is given to a miner , he consumes it ; the nation retains , no doubt , an equal value of gold ...
Página 46
... capital at work in the creation of wealth . This capital is given to the Bank by the holders of its bank - notes , and the Bank places it in the hands of men who employ it and repro- duce it in goods made . To stand on a level with coin ...
... capital at work in the creation of wealth . This capital is given to the Bank by the holders of its bank - notes , and the Bank places it in the hands of men who employ it and repro- duce it in goods made . To stand on a level with coin ...
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Términos y frases comunes
Bank Charter Act Bank of England bank-notes Bank's banker BONAMY PRICE borrowers bought capital cash cheques and bills circulation Cloth coin commodity consumed convertible corn Cornhill Library creditor crisis Crown 8vo debtor debts demand Demy 8vo depositors doctrine English fact farmer Fcap fifteen millions France Frontispiece give gold Government Henry Illustrations inconvertible International Scientific Series Issue Department issuer King and Co.'s legal tender lend lent Library of Fiction LL.D loans LOMBARD STREET loss means ment metal money market nation notes obtain paid panic paper currency paper dollar payment Poems Portrait Post 8vo pound procure Prof Professor profit purchase quantity railway rate of discount receive reserve ROBIN GRAY Second Edition securities sell seller shillings Small crown 8vo sold sovereign Stoke Bishop Stopford Brooke suspension thing Third Edition tion tool of exchange trade Translated vols Volume WALTER BAGEHOT wealth word worth
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