Political Economy: Designed for Use in Catholic Colleges, High Schools and Academies
American book Company, 1913 - 479 páginas
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actual advantages amount become bills of exchange bonds called capital carried cause cent circulation cities coin commodities companies competition corporations cost currency demand depend deposits determine dollar duties effect England equal established evils exchange exist expenses exports fact factors fixed forces foreign France funds Give gold greater imports increase individual industries interest invested issue Italy kinds labor land less limited loans loss material means measure metals methods national banks nature necessary notes object paid passed payment Political Economy possessed practically present principle production profits protection railroads received reserve result rise savings School shares silver social society standard supply tariff things tion trade trust United various wages wealth
Página 343 - Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as Little as possible, over and above what it brings into the public treasury of the state.
Página 115 - States in payment of taxes, excises, public lands, and all other dues to the United States, except 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 183 - To act as trustee under any mortgage or bond issued by any municipality, body politic or corporation, and to accept and execute any other municipal or corporate trust not inconsistent with the laws...
Página 177 - Seventh. To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of...
Página 177 - To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the provisions of this title.
Página 449 - With these limitations of the terms, wages not only depend upon the relative amount of capital and population, but cannot, under the rule of competition, be affected by anything else. Wages (meaning, of course, the general rate) cannot rise, but by an increase of the aggregate funds employed in hiring labourers, or a diminution in the number of the competitors for hire ; nor fall, except either by a diminution of the funds devoted to paying labour, or by an increase in the number of labourers to...
Página 320 - person," or "persons," wherever used in this act shall be deemed to include corporations and associations existing under or authorized by the laws of either the United States, the laws of any of the Territories, the laws of any State, or the laws of any foreign country.
Página 210 - The opinion of the judges has no more authority over congress than the opinion of congress has over the judges, and on that point the president is independent of both.
Página 341 - Equality of taxation, therefore, as a maxim of politics, means equality of sacrifice. It means apportioning the contribution of each person toward the expenses of government, so that he shall feel neither more nor less inconvenience from his share of the payment than every other person experiences from his.
Página 83 - When acre has been added to acre till all the fertile land is occupied, the yearly increase of food must depend upon the melioration of the land already in possession. This is a stream, which, from the nature of all soils, instead of increasing, must be gradually diminishing.