Currency and BankingH. S. King, 1876 - 176 pagini |
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Pagina 42
... hands of a seller a commodity as valuable as his own . The value of the metal of the coin in the metal market furnishes him with a trustworthy guarantee that he will be able with it to buy in any shop another commodity worth as much as ...
... hands of a seller a commodity as valuable as his own . The value of the metal of the coin in the metal market furnishes him with a trustworthy guarantee that he will be able with it to buy in any shop another commodity worth as much as ...
Pagina 46
... hands of men who employ it and repro- duce it in goods made . To stand on a level with coin as a tool of exchange or currency , the debt expressed by the banker must be as valuable as the coin . With metallic money the public possesses ...
... hands of men who employ it and repro- duce it in goods made . To stand on a level with coin as a tool of exchange or currency , the debt expressed by the banker must be as valuable as the coin . With metallic money the public possesses ...
Pagina 51
... hands which apply it to industry as capital , and thus supports and enriches the nation , in addition to the currency service rendered by the paper substitutes . The question now arises , Is a bank entitled to issue 52 OUGHT THE STATE ...
... hands which apply it to industry as capital , and thus supports and enriches the nation , in addition to the currency service rendered by the paper substitutes . The question now arises , Is a bank entitled to issue 52 OUGHT THE STATE ...
Pagina 60
... hands . There is only one case in which an issue of bank - notes might tell on interest , and that is in a particular spot , at a special time , and under stated circumstances , in a panic in the money market . Whether such an issue is ...
... hands . There is only one case in which an issue of bank - notes might tell on interest , and that is in a particular spot , at a special time , and under stated circumstances , in a panic in the money market . Whether such an issue is ...
Pagina 69
... hands wherewith to touch them . Its authors did not know that the quantity of a metallic or of a convertible paper currency in circulation is determined by the number of those particular trans- actions that buying and selling ...
... hands wherewith to touch them . Its authors did not know that the quantity of a metallic or of a convertible paper currency in circulation is determined by the number of those particular trans- actions that buying and selling ...
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Termeni și expresii frecvente
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
Pasaje populare
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.