Currency and BankingH. S. King, 1876 - 176 pagini |
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Pagina 31
... foreign countries , all except the small balance liquidated in gold , are paid by the exchange of debts , by bills . The English debtor pays his French creditor by sending 32 THE EXCHANGES . him a bill due by a METALLIC CURRENCY . 31.
... foreign countries , all except the small balance liquidated in gold , are paid by the exchange of debts , by bills . The English debtor pays his French creditor by sending 32 THE EXCHANGES . him a bill due by a METALLIC CURRENCY . 31.
Pagina 32
... debtor will be unable to find a bill , and every debtor in the country which has to pay most to the other will compete with all the others not to be the man who will have to incur the expense of sending gold . He will offer for a bill ...
... debtor will be unable to find a bill , and every debtor in the country which has to pay most to the other will compete with all the others not to be the man who will have to incur the expense of sending gold . He will offer for a bill ...
Pagina 33
Bonamy Price. of gold to England , the Parisian debtor will accept an exchange which makes him give 251⁄2 francs for a pound to be paid in England , but he will refuse one of 2534 ; it will cost him less to send the gold . Falser and ...
Bonamy Price. of gold to England , the Parisian debtor will accept an exchange which makes him give 251⁄2 francs for a pound to be paid in England , but he will refuse one of 2534 ; it will cost him less to send the gold . Falser and ...
Pagina 34
... debtor the choice of paying in gold or silver coin as he pleases . Now if the value of the metal given in the metal market is the same , whether gold or silver has been offered , the contract is justly fulfilled , and neither party has ...
... debtor the choice of paying in gold or silver coin as he pleases . Now if the value of the metal given in the metal market is the same , whether gold or silver has been offered , the contract is justly fulfilled , and neither party has ...
Pagina 35
... entails the injustice that a debtor is enabled by it to pay his creditor with a smaller value of metal than was contracted for . * * See Appendix A , page 173 . CHAPTER II . PAPER CURRENCY . Section I - Convertible METALLIC CURRENCY . 35.
... entails the injustice that a debtor is enabled by it to pay his creditor with a smaller value of metal than was contracted for . * * See Appendix A , page 173 . CHAPTER II . PAPER CURRENCY . Section I - Convertible METALLIC CURRENCY . 35.
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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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Pagina 30 - Memoriam." (Dedicated by Permission to the Poet-Laureate.) Fcap. 8vo, 2s. The Education of the Human Race. Translated from the German of GOTTHOLD EPHRAIM LESSING. Fcap. 8vo, 2s.
Pagina 17 - XVIII. The Nature of Light: With a General Account of Physical Optics.
Pagina 34 - STEVENSON (Rev. WF). Hymns for the Church and Home. Selected and Edited by the Rev. W. Fleming Stevenson. The most complete Hymn Book published. The Hymn Book consists of Three Parts : — I.
Pagina 34 - ... HOME. Selected and Edited by the Rev. W. Fleming Stevenson. The most complete Hymn Book published. The Hymn Book consists of Three Parts : — I. For Public Worship. — II. For Family and Private Worship. — III. For Children. *»* Published in various forms and prices, the latter ranging from 8d.
Pagina 41 - YOUMANS (Eliza A.). An Essay on the Culture of the Observing Powers of Children, especially in connection with the Study of Botany. Edited, with Notes and a Supplement, by Joseph Payne, FCP, Author of " Lectures on the Science and Art of Education,
Pagina 23 - LORIMER (Peter), DD John Knox and the Church of England: His Work in her Pulpit, and his Influence upon her Liturgy, Articles, and Parties. Demy 8vo. Cloth, price 12*.
Pagina 4 - Effie's Game; How She Lost and How She Won. A Novel, 2 vols. Cloth. CLERK (Mrs. Godfrey). 'Ham en Nas. Historical Tales and Anecdotes of the Times of the Early Khalifahs. Translated from the Arabic Originals. Illustrated with Historical and Explanatory Notes. Crown 8vo. Cloth, price CLERY (C.), Capt.
Pagina 27 - PELLETAN (E.). The Desert Pastor, Jean Jarousseau. Translated from the French. By Colonel EP De L'Hoste. With a Frontispiece. New Edition. Fcap. 8vo. Cloth, price 3*. 6d. PENNELL (H. Cholmondeley). Pegasus Resaddled. By the Author of " Puck on Pegasus,
Pagina 6 - God's Providence House. By Mrs. GL Banks. For Lack of Gold. By Charles Gibbon. Abel Drake's Wife. By John Saunders. Hirell. By John Saunders. CORY (Lieut. Col. Arthur). The Eastern Menace ; or, Shadows of Coming Events. Crown 8vo. Cloth, price 5$.
Pagina 13 - HELLWALD (Baron F. von). The Russians in Central Asia. A Critical Examination, down to the present time, of the Geography and History of Central Asia.