Money and Its Laws: Embracing a History of Monetary Theories, and a History of the Currencies of the United StatesH. V. and H. W. Poor, 1877 - 623 Seiten |
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Seite viii
... Profit of Banks . 21 Advantages of a currency issued by them in reducing prices 21 All merchandise entering into consumption should be symbolized 24 Amount of symbolic currency in Great Britain 24 Reserves , their proper amount , and ...
... Profit of Banks . 21 Advantages of a currency issued by them in reducing prices 21 All merchandise entering into consumption should be symbolized 24 Amount of symbolic currency in Great Britain 24 Reserves , their proper amount , and ...
Seite xii
... profit , and rent 112 The gross and neat revenue of society . 113 The expense of maintaining its fixed capital no part of its neat revenue The expense of maintaining its circulating capital may form a part of its neat revenue 113 • 113 ...
... profit , and rent 112 The gross and neat revenue of society . 113 The expense of maintaining its fixed capital no part of its neat revenue The expense of maintaining its circulating capital may form a part of its neat revenue 113 • 113 ...
Seite 19
... to simplify and cheapen distribution . While Banks derive a profit from their circulation , they can derive one only so long as they conduct their operations prop- It erly , and in harmony with the general welfare ; THE LAWS OF MONEY . 19.
... to simplify and cheapen distribution . While Banks derive a profit from their circulation , they can derive one only so long as they conduct their operations prop- It erly , and in harmony with the general welfare ; THE LAWS OF MONEY . 19.
Seite 21
... profits of well - conducted Banks exceed considerably the ordinary rates of interest . They deal with capital in its highest and most complete form , and their profits will always be in the same form . It is often asked , " If the ...
... profits of well - conducted Banks exceed considerably the ordinary rates of interest . They deal with capital in its highest and most complete form , and their profits will always be in the same form . It is often asked , " If the ...
Seite 22
... profits of a manufacturer , for example , may , for a time , be largely increased from increased produc- tion , the rate of profit remaining the same ; or his aggregate profits may be largely increased , the rate being reduced , by the ...
... profits of a manufacturer , for example , may , for a time , be largely increased from increased produc- tion , the rate of profit remaining the same ; or his aggregate profits may be largely increased , the rate being reduced , by the ...
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Häufige Begriffe und Wortgruppen
Adam Smith amount of coin Aristotle assumed balance of trade Bank of England bank-notes bankers bills given bills of exchange borrowed bullion capital cause cent Committee commodities Congress consequently consumption contraction convertible corresponding amount cost country Banks debt demand deposits depreciated discharge discount Economists effect equal established excess exports foreign gold and silver greater hand holders inconvertible increase industry interest issue issuers kind labor latter laws liabilities loans Lord Overstone loss means ment merchandise merchants nature necessary never notes and credits operations paid paper currency paper money parties payable payment Political Economy possessed precious metals present principle produce profit proper purchase quantity question ratio reason received reduced rency represent reserves says securities Smith specie supply supposed symbolic currency theory thing tion trade transactions usury value of money Wealth of Nations whole wholly
Beliebte Passagen
Seite 467 - That the government created by this compact was not made the exclusive or final judge of the extent of the powers delegated to itself; since that would have made its discretion, and not the Constitution, the measure of its powers; but that as in all other cases of compact among parties having no common Judge, each party has an equal right to judge for itself, as well of infractions as of the mode and measure of redress.
Seite 459 - That every power vested in a government is in its nature sovereign, and includes, by force of the term, a right to employ all the means requisite and fairly applicable to the attainment of the ends of such power, and which are not precluded by restrictions and exceptions specified in the Constitution, or not immoral, or not contrary to the essential ends of political society.
Seite 466 - Resolved, that the several States composing the United States of America, are not united on the principle of unlimited submission to their general government; but that by compact under the style and title of a Constitution for the United States and of amendments thereto, they constituted a general government for special purposes, delegated to that government certain definite powers, reserving each State to itself, the residuary mass of right to their own self-government; and that whensoever the general...
Seite 11 - And Abraham hearkened unto Ephron; and Abraham weighed to Ephron the silver, which he had named in the audience of the sons of Heth, four hundred shekels of silver, current money with the merchant.
Seite 139 - Unto a stranger thou mayest lend upon usury ; but unto thy brother thou shalt not lend upon usury : that the LORD thy God may bless thee in all that thou settest thine hand to in the land whither thou goest to possess it.
Seite 139 - Thou shalt not lend upon usury to thy brother; usury of money, usury of victuals, usury of any thing that is lent upon usury: unto a stranger thou mayest lend upon usury; but unto thy brother thou shalt not lend upon usury...
Seite 2 - And a river went out of Eden to water the garden, and from thence it was parted and became into four heads.
Seite 502 - Union, with its boundless means of corruption and its numerous dependents, under the direction and command of one acknowledged head; thus organizing this particular interest as one body and securing to it unity and concert of action throughout the United States and enabling it to bring forward, upon any occasion, its entire and undivided strength to support or defeat any measure of the Government.
Seite 482 - Waiving the question of the constitutional authority of the Legislature to establish an incorporated bank as being precluded in my judgment by repeated recognitions under varied circumstances of the validity of such an institution in acts of the legislative, executive, and judicial branches of the Government, accompanied by indications, in different modes, of a concurrence of the general will of the nation...
Seite 502 - ... few/ and to govern by corruption or force, are aware of its^ power, and prepared to employ it. Your banks now furnish your only circulating medium, and money is plenty or scarce, according to the quantity of notes issued by them. While they have capitals not greatly disproportioned to each other,, they are competitors in business, and no one of them can exercise dominion over the rest ; and although, in the present state of the currency, these banks may and do operate injuriously upon the habits...