Currency and BankingH. S. King, 1876 - 176 páginas |
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Página 30
... never is anything else at last but exchange of goods . International payments require the currencies of dif- ferent countries to be compared with one another . Each country sells upon prices estimated in its own money ; hence in ...
... never is anything else at last but exchange of goods . International payments require the currencies of dif- ferent countries to be compared with one another . Each country sells upon prices estimated in its own money ; hence in ...
Página 39
... never be touched , because it may be put down in an account against which set - offs appear on the debtor and creditor sides ; coin then is not asked for , because its equivalent in property has been received . Everything else - spoken ...
... never be touched , because it may be put down in an account against which set - offs appear on the debtor and creditor sides ; coin then is not asked for , because its equivalent in property has been received . Everything else - spoken ...
Página 56
... never has been so absurd as to say to a distressed borrower , " You shall have assistance , only you must take it out in notes ; " yet this would have been its language if it had believed that it could increase its means of lending by ...
... never has been so absurd as to say to a distressed borrower , " You shall have assistance , only you must take it out in notes ; " yet this would have been its language if it had believed that it could increase its means of lending by ...
Página 57
... never existed . No issuer of notes can by any possibility add to his resources and powers of lending by means of con- vertible notes , except to the extent that the public will keep them in circulation , and will not present them to him ...
... never existed . No issuer of notes can by any possibility add to his resources and powers of lending by means of con- vertible notes , except to the extent that the public will keep them in circulation , and will not present them to him ...
Página 61
... never existed a law whose mean- ing has been so vehemently and incessantly disputed , and is disputed still , as the Bank Charter Act of 1844 . No one has accused it of obscurity of language : what it prescribes is most simple , easy to ...
... never existed a law whose mean- ing has been so vehemently and incessantly disputed , and is disputed still , as the Bank Charter Act of 1844 . No one has accused it of obscurity of language : what it prescribes is most simple , easy to ...
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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 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 University of Erlangen vols Volume wealth word worth
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