The Theory and Practice of Banking: With the Elementary Principles of Currency, Prices, Credit, and Exchanges, Volume 1Longman, Brown, Green, and Longmans, 1855 |
From inside the book
Results 1-5 of 77
Page 16
... purpose of this work is to endeavour to bring the subject into a more sys- tematic form than has hitherto been done , we must begin exactly in the same manner as all the other sciences are treated , by settling its definitions and ...
... purpose of this work is to endeavour to bring the subject into a more sys- tematic form than has hitherto been done , we must begin exactly in the same manner as all the other sciences are treated , by settling its definitions and ...
Page 25
... purpose , whether it be gold , silver , or paper , is a currency . 9. We may , therefore , lay down as our funda- mental definition that CURRENCY AND TRANSFERABLE DEBT ARE CONVERTIBLE TERMS : whatever represents transferable debt of any ...
... purpose , whether it be gold , silver , or paper , is a currency . 9. We may , therefore , lay down as our funda- mental definition that CURRENCY AND TRANSFERABLE DEBT ARE CONVERTIBLE TERMS : whatever represents transferable debt of any ...
Page 28
... purpose , that it should be scarce and difficult to be pro- cured . Leaving out of the question , for the present , the useful purposes to which metals may be applied , which would introduce considerations affecting their value that are ...
... purpose , that it should be scarce and difficult to be pro- cured . Leaving out of the question , for the present , the useful purposes to which metals may be applied , which would introduce considerations affecting their value that are ...
Page 29
... purpose ; and they gradually superseded the inferior metals used by other nations , and their exchangeable value relatively to each other , as well as to other metals and commodities , was determined . 16. A metallic currency possesses ...
... purpose ; and they gradually superseded the inferior metals used by other nations , and their exchangeable value relatively to each other , as well as to other metals and commodities , was determined . 16. A metallic currency possesses ...
Page 33
... purpose it is said to cir- culate , and hence it is often called the circulating medium . The amount of the sum total of all the transferences of the currency which take place , is properly called the CIR- CULATION . Hence , a single ...
... purpose it is said to cir- culate , and hence it is often called the circulating medium . The amount of the sum total of all the transferences of the currency which take place , is properly called the CIR- CULATION . Hence , a single ...
Contents
23 | |
24 | |
25 | |
26 | |
27 | |
28 | |
29 | |
31 | |
32 | |
33 | |
34 | |
35 | |
36 | |
37 | |
38 | |
39 | |
41 | |
42 | |
43 | |
44 | |
45 | |
46 | |
47 | |
48 | |
49 | |
50 | |
51 | |
53 | |
56 | |
58 | |
59 | |
60 | |
64 | |
65 | |
66 | |
72 | |
74 | |
79 | |
80 | |
85 | |
124 | |
134 | |
145 | |
163 | |
164 | |
170 | |
171 | |
178 | |
180 | |
187 | |
189 | |
196 | |
197 | |
202 | |
207 | |
220 | |
239 | |
245 | |
251 | |
261 | |
264 | |
267 | |
273 | |
281 | |
287 | |
290 | |
294 | |
301 | |
314 | |
315 | |
323 | |
328 | |
332 | |
333 | |
340 | |
346 | |
367 | |
419 | |
422 | |
Other editions - View all
Common terms and phrases
abundant accommodation bills Adam Smith alteration amount ascer axiom bank notes Bank of England banker Bills of Exchange bullion called cause cent circulation circumstances coinage commerce commodities compound discount considerable considered cost of production debt demand depreciation diminution in value effect employed evidence exchangeable value export fixed capital floating capital foreign former gold and silver greater Hence Henry VIII idea increase industry interest issued land London market price means measure merchant metallic currency nations natural price necessary operations paid paper currency payment persons pound pound weight price of corn price of gold price of labor principle produce profits proportion purchase purpose quantity receive regulate rency rent represents rise Royal Mint sell seller shew shillings silver coin sovereign specie standard supply supply and demand suppose things tion trade transaction usually wages of labor wealth weight