The Bank of England: And the Organisation of Credit in EnglandLongmans, Green, Reader, & Dyer, 1866 - 869 páginas |
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Página 5
... coin , of standard weight and purity . This view of the case , though very important in its bearing and consequences , seems to have been generally overlooked ; but it must be ad- mitted by Lord Overstone to be consistent with all that ...
... coin , of standard weight and purity . This view of the case , though very important in its bearing and consequences , seems to have been generally overlooked ; but it must be ad- mitted by Lord Overstone to be consistent with all that ...
Página 7
... coin , and , to that extent , the capital of the country . The greater the extent to which that economy can be carried with perfect safety to the commu- nity , the greater will be the advantage to the country from the adoption of a ...
... coin , and , to that extent , the capital of the country . The greater the extent to which that economy can be carried with perfect safety to the commu- nity , the greater will be the advantage to the country from the adoption of a ...
Página 16
... Coin . constitute the money of each country . That Coin circulates sometimes in kind ; but in highly advanced countries it is represented , to a certain extent , by paper notes , promising to pay the coin to bearer on demand , those ...
... Coin . constitute the money of each country . That Coin circulates sometimes in kind ; but in highly advanced countries it is represented , to a certain extent , by paper notes , promising to pay the coin to bearer on demand , those ...
Página 18
... coin on demand . He says that the characteristic of their being money is , that they are received equally at " all times , be- tween all persons , and in all places . " He ex- cludes bills of exchange from the designation of currency ...
... coin on demand . He says that the characteristic of their being money is , that they are received equally at " all times , be- tween all persons , and in all places . " He ex- cludes bills of exchange from the designation of currency ...
Página 19
... He says that the increase of Bank Notes only supplants Coin to an equal amount ; but this is a most extraordinary assertion for a Banker to make . Where the issue of them is free , c 2 THE FALSE CURRENCY PRINCIPLE . 19.
... He says that the increase of Bank Notes only supplants Coin to an equal amount ; but this is a most extraordinary assertion for a Banker to make . Where the issue of them is free , c 2 THE FALSE CURRENCY PRINCIPLE . 19.
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Términos y frases comunes
affairs amount of notes augment Bank Act Bank Charter Act bank notes Bank of Eng Bank of England Bank of France Bank rate bank-notes bankers Banking Department banking reserve Banks of Issue Banque capitalists cent coin and bullion coinage commerce commodities consequence credit money currency Debt demand deposits diminish effect Émile Pereire England notes equal established export fact fixed funds gold and silver increase Isaac Pereire Issue Department issue notes issue of notes Joint-Stock Banks legal tender loanable capital London Lord Overstone loss means ment Michel Chevalier millions monopoly National notes in circulation notes issued operations panic paper money payment precious metals present principle privilege produce profit proportion quantity question raising the rate rate of discount rate of interest regulated render reserve of notes silver coin Sir Robert Peel specie tion trade and industry wants whole Wolowski
Pasajes populares
Página 829 - ... in all parts of the United States in payment of taxes, excises, public lands, and all other dues to the United States, except for duties on imports; and also for all salaries and other debts and demands owing by the United States to individuals, corporations, and associations within the United States, except interest on the public debt, and in redemption of the national currency.
Página 259 - The property which every man has in his own labor, as it is the original foundation of all other property, so it is the most sacred and inviolable.
Página 830 - ... whenever the lawful money of any other association shall be below fifteen per centum of its [circulation and~\ deposits, such association shall not increase its liabilities by making any new loans or discounts...
Página 654 - ... which he would otherwise be obliged to keep by him unemployed, and in ready money for answering occasional demands.
Página 268 - England to borrow owe or take up any sum or sums of money on their bills or notes payable at demand or at any less time than six months from the borrowing thereof...
Página 657 - The circulation of every country may be considered as divided into two different branches; the circulation of the dealers with one another, and the circulation between the dealers and the consumers.
Página 832 - No association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith...
Página 828 - Federal reserve bank making such deposit in the manner provided by existing law, shall be entitled to receive from the Comptroller of the Currency circulating notes in blank, registered and countersigned as provided by law, equal in amount to the par value of the bonds so deposited.
Página 460 - ... have on hand, in lawful money of the United States, an amount equal to at least twenty-five per centum of the aggregate amount of its notes in circulation and its deposits...
Página 268 - Be it therefore declared and enacted, that any body, politic or corporate, or society, or company, or partnership, although consisting of more than six persons, may carry on the trade or business of banking in London, or within sixty-five miles thereof...