Currency and BankingH. S. King, 1876 - 176 páginas |
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Página 6
... receive an adequate reward for the services which they render to society . The quantity of gold won is small compared with the cost of working a gold mine ; gold consequently is dear : a small portion of it will fetch in exchange a ...
... receive an adequate reward for the services which they render to society . The quantity of gold won is small compared with the cost of working a gold mine ; gold consequently is dear : a small portion of it will fetch in exchange a ...
Página 9
... receiving from others what they made for him . But for exchang- ing each party to it must desire to acquire the articles which the other offers , otherwise he will refuse to exchange . This dilemma might arise with every article needed ...
... receiving from others what they made for him . But for exchang- ing each party to it must desire to acquire the articles which the other offers , otherwise he will refuse to exchange . This dilemma might arise with every article needed ...
Página 15
... received in payment ; a stamped sovereign or dollar tells every one what it is . Nothing can be more obvious than this fact ; yet how many , even intelligent men , have been puzzled to say what the stamp it bears does for a sovereign ...
... received in payment ; a stamped sovereign or dollar tells every one what it is . Nothing can be more obvious than this fact ; yet how many , even intelligent men , have been puzzled to say what the stamp it bears does for a sovereign ...
Página 19
... The maker or owner , on the one side - and the motives which act on his feeling may be most numerous and varied ― decides how much he must receive in exchange 20 WHAT DETERMINES THE VALUE OF MONEY . before he METALLIC CURRENCY . 19.
... The maker or owner , on the one side - and the motives which act on his feeling may be most numerous and varied ― decides how much he must receive in exchange 20 WHAT DETERMINES THE VALUE OF MONEY . before he METALLIC CURRENCY . 19.
Página 32
... receive in gold . An unfavourable exchange implies the reverse , that is , she is a debtor on that day's settle- ment . But the exchange will not rise above par beyond the cost of carriage and insurance for the transmission of gold . If ...
... receive in gold . An unfavourable exchange implies the reverse , that is , she is a debtor on that day's settle- ment . But the exchange will not rise above par beyond the cost of carriage and insurance for the transmission of gold . If ...
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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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