The Standard of ValueLongmans, Green and Company, 1896 - 187 pages |
From inside the book
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Page 3
... measure foreseen by Peel and Wellington , chanced recently to be made effective . It was the International Congress held in Paris for the simplification of coinage that brought about the disorganisation of the double standard , and the ...
... measure foreseen by Peel and Wellington , chanced recently to be made effective . It was the International Congress held in Paris for the simplification of coinage that brought about the disorganisation of the double standard , and the ...
Page 6
... measured by them.3 · Mr. Macleod says : ' We may measure a tree with a yard , or a hogshead with a gallon , because they are each of them ' single quantities ; but value is a ratio , and it is impossible to ' say a : b : x . ' It is ...
... measured by them.3 · Mr. Macleod says : ' We may measure a tree with a yard , or a hogshead with a gallon , because they are each of them ' single quantities ; but value is a ratio , and it is impossible to ' say a : b : x . ' It is ...
Page 7
... measure of value . We cannot measure directly with the whole mass of gold which forms the standard of value , but . with the coin which is a fraction of that mass . Those writers who deny the existence of any standard of value are in ...
... measure of value . We cannot measure directly with the whole mass of gold which forms the standard of value , but . with the coin which is a fraction of that mass . Those writers who deny the existence of any standard of value are in ...
Page 8
... measure of value , then the bill of exchange for 100l . becomes increased in value , and vice versa . Thus the range ... measured by the gold standard is pro- portionately reduced , for a bill of exchange or a bank cheque for 100l . will ...
... measure of value , then the bill of exchange for 100l . becomes increased in value , and vice versa . Thus the range ... measured by the gold standard is pro- portionately reduced , for a bill of exchange or a bank cheque for 100l . will ...
Page 10
... measure the relative values of all other commodities , whereas the so - called credit circulation merely represents ... measured by the gold , or the silver , or the double standard of value . A thousand tons of coal , and also a ...
... measure the relative values of all other commodities , whereas the so - called credit circulation merely represents ... measured by the gold , or the silver , or the double standard of value . A thousand tons of coal , and also a ...
Common terms and phrases
20 per cent action amount ANDREW LANG argument bimetallism bimetallists bondholders C. J. LONGMAN cause circulation coinage of silver Commission on Gold commodities creditor Crown 8vo debtor depreciation double standard Economist effect England English enhanced Essays fact fall Fifth Edition fluctuations France free coinage French French mint gold and silver gold coins gold prices gold sovereign gold standard Government HISTORY Illus Illustrations increased index number India injustice interest labouring legislation London Lord Liverpool matter Max Müller measure of property merely metal monometallic National Debt Parliament pay in silver Plates pound sterling pound weight practical present price of silver question relative value repudiation restoration right to pay rise Royal Commission silver and gold silver coins silver pound silver standard standard of value supply Text tions trations unlimited coinage unlimited legal tender value of gold value of silver vols weight whilst
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