The North American Review, Volume 117Jared Sparks, Henry Cabot Lodge, Edward Everett, James Russell Lowell O. Everett, 1873 Vols. 227-230, no. 2 include: Stuff and nonsense, v. 5-6, no. 8, Jan. 1929-Aug. 1930. |
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Page 213
... exchanges . When busi- ness is brisk , and gold is not demanded for export , the Treasury may disburse legal - tender notes without any coin redemption being demanded . Its stock of gold will then accumulate . When gold is wanted more ...
... exchanges . When busi- ness is brisk , and gold is not demanded for export , the Treasury may disburse legal - tender notes without any coin redemption being demanded . Its stock of gold will then accumulate . When gold is wanted more ...
Page 214
... exchange their legal - tender reserve for specie . This would at once throw a demand upon the Treasury which it would be entirely unable to meet . We may therefore regard it as an essential feature of any plan of resumption , that it ...
... exchange their legal - tender reserve for specie . This would at once throw a demand upon the Treasury which it would be entirely unable to meet . We may therefore regard it as an essential feature of any plan of resumption , that it ...
Page 218
... exchange ; we shall therefore only indicate briefly two reasons , one founded on the nature of the case , the other on experience . If the question were one of " contraction " pure and simple , that is , contraction without reference to ...
... exchange ; we shall therefore only indicate briefly two reasons , one founded on the nature of the case , the other on experience . If the question were one of " contraction " pure and simple , that is , contraction without reference to ...
Page 219
... exchanges , for the simple reason that no definite quantity of such a medium is necessary for this purpose . A circulation of a thousand million cents could be made to effect all our domestic exchanges just as well as one of a ...
... exchanges , for the simple reason that no definite quantity of such a medium is necessary for this purpose . A circulation of a thousand million cents could be made to effect all our domestic exchanges just as well as one of a ...
Page 220
... exchanges of the country can be effected equally well with a given number of eagles , dollars , or cents . The sufferers would be the bond - holder , who would find that the principal of his TO 22 17 RE hundred - dollar bond would only ...
... exchanges of the country can be effected equally well with a given number of eagles , dollars , or cents . The sufferers would be the bond - holder , who would find that the principal of his TO 22 17 RE hundred - dollar bond would only ...
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