Money and the Mechanism of Exchange

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H.S. King & Company, 1875 - 349 páginas
 

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Página 236 - We have suffered more from this cause than from any other cause or calamity. It has killed more men, pervaded and corrupted the choicest interests of our country more, and done more injustice than even the arms and artifices of our enemies.
Página 88 - The depth saith, It is not in me; and the sea saith, It is not with me. It cannot be gotten for gold, neither shall silver be weighed for the price thereof.
Página ii - XI. Animal Mechanism. A Treatise on Terrestrial and Aerial Locomotion. By Professor EJ Marey. With 117 Illustrations.
Página 77 - ... according to the coins which are current and legal tender in pursuance, of this Act, and not otherwise, unless the same be made, executed, entered into, done or had according to the currency of some British possession or some foreign state.
Página 88 - Abraham weighed to Ephron four hundred shekels of silver, current money with the merchant...
Página 199 - And of that money, is som of gretter prys, and som of lasse prys, aftre the dyversitee of his Statutes. And whan that Money hathe ronne so longe that it begynnethe to waste, than men beren it to the Emperoure's Tresorye; and than thei taken newe money for the olde. And that Money gothe thorghe out alle the contree, and thorghe out alle his Provynces. For there and beyonde hem, thei make no Money nouther of Gold nor of Sylver. And therefore he may despende ynow, and outrageously.
Página 327 - ... area, and maintains both metals more unchanged in value than they would otherwise be. Can we not conceive a multiple legal tender, which would be still less liable to variation ? We estimate the value of one hundred pounds by the quantities of corn, beef, potatoes, coal, timber, iron, tea, coffee, beer, and other principal commodities, which it will purchase from time to time. Might we not invent a legal tender note which should be convertible, not into any one single commodity, but into an aggregate...
Página 56 - Being employed to signify possession, or to ratify contracts, they came to indicate authority. When a ruler first undertook to certify the weights of pieces of metal, he naturally employed his seal to make the fact known, just as, at Goldsmith's Hall, a small punch was used to certify the fineness of plate.
Página 3 - French troc, and distinguish it from sale and purchase in which one of the articles exchanged is intended to be held only for a short time, until it is parted with in a second act of exchange. The object which thus temporarily intervenes in sale and purchase is money.
Página 234 - There is plenty of evidence to prove that an inconvertible paper money, if carefully limited in quantity, can retain its full value.

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