But this paper money may, and does increase, without any increase of trade, nay often when it greatly declines, for it is not the measure of the trade of the nation, but of the necessity of its government; and it is absurd, and must be ruinous, that the... Paper Against Gold, Or, the Mystery of the Bank of England: Of the Debt, of ... - Seite 91von William Cobbett - 1846 - 432 SeitenVollansicht - Über dieses Buch
| William Cobbett - 1828 - 362 Seiten
...same cause " which naturally exhausts the wenltk of a Nation should likewise be the only pro" ductive cause of money." — BURKE. Review of the Ground over...Letters — Opening the Way into the History of the Batik's Stoppage in 1797 — Vague Notion about the Increase of Bank Notes being a Sign of an Increase... | |
| William Cobbett - 1834 - 446 Seiten
...THE MEASURE OF THE TRADE OF ITS NATION, BUT OF THE NECESSITY OF ITS GOVERNMENT ; and it ii absurd, and must be ruinous, that the same cause which naturally...Letters — Opening the way into the History of the litinJi'a Stoppage m 1797— Vague Notion about the Increase of Bank Notes being a sign of an Increase... | |
| 1860 - 796 Seiten
...not the measure of the trade of its nation, but of the necessity of its government, and it is absurd, and must be ruinous, that the same cause which naturally...should likewise be the only productive cause of money." Is it wisdom to shut our eyes to the results of such means of supplying a circulating medium t Is it... | |
| Francis Amasa Walker - 1877 - 580 Seiten
...government, and it is absurd and must be ruinous, that the same course which naturally exhausts the toealth of a nation, should likewise be the only productive cause of money." " There has never been a government yet," says Prof. Perry, in his "Elements of Political Economy,"... | |
| Francis Amasa Walker - 1878 - 578 Seiten
...its government, and it is absurd and must be ruinous, that the same course which naturally exhattftts the wealth of a nation, should likewise be the only productive cause of money." "There has never been a government yet," says Prof. Perry, in his " Elements of Political Economy,"... | |
| Francis Amasa Walker - 1879 - 356 Seiten
...not the measure of the trade of a nation, but of the necessity of its government ; and it is absurd, and must be ruinous, that the same cause which naturally...should likewise be the only productive cause of money." "In great and trying emergencies," wrote Hamilton, " there is almost a moral certainty of its becoming... | |
| Francis Amasa Walker - 1879 - 366 Seiten
...not the measure of the trade of a nation, but of the necessity of its government ; and it is absurd, and must be ruinous, that the same cause which naturally...of a nation should likewise be the only productive cause1 of money." "In great and trying emergencies," wrote Hamilton, "there is almost a moral certainty... | |
| James Platt - 1880 - 220 Seiten
...not the measure of the trade or providence of a nation, but of its necessities ; and it is absurd, and must be ruinous, that the same cause which naturally...nation should likewise be the only productive cause of, or representative of, its money. For instance, there are those who argue that " Consols " should be... | |
| Francis Amasa Walker - 1883 - 506 Seiten
...the measure of the trade of the nation, but of the necessity of the government ; and it is absimland must be ruinous, that the same cause which naturally...likewise be the only productive cause of money."* The two most marked instances of continence in the issue of irredeemable paper are those afforded by... | |
| James Platt - 1883 - 538 Seiten
...providence of a nation, but of its necessities ; and it is absurd, and must be ruinous, that the samo cause which naturally exhausts the wealth of a nation should likewise be the only productive cause of, or representative of, its money. For instance, there are those who argue that " Consols " should be... | |
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