The Bank of England: And the Organisation of Credit in EnglandLongmans, Green, Reader, & Dyer, 1866 - 869 páginas |
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Página 8
... produce such a correspondence between the paper - money and the bullion , and that there never can be , and never ought to be , any such correspondence between them . Gold , although used for money , is also an article of merchandise ...
... produce such a correspondence between the paper - money and the bullion , and that there never can be , and never ought to be , any such correspondence between them . Gold , although used for money , is also an article of merchandise ...
Página 25
... producing its inevitable consequences by rigidly restraining it within that limit . The depreciation of the issues is the evidence that the certain limit has been exceeded . That the Bank of England Note has not been depreciated , is ...
... producing its inevitable consequences by rigidly restraining it within that limit . The depreciation of the issues is the evidence that the certain limit has been exceeded . That the Bank of England Note has not been depreciated , is ...
Página 41
... produces a multitude of results . which are not , perhaps , at first , very obvious . If capital be leaving the country and becoming scarce , compared to credit , every principle of nature shows that MONEY , CURRENCY , AND CAPITAL . 41.
... produces a multitude of results . which are not , perhaps , at first , very obvious . If capital be leaving the country and becoming scarce , compared to credit , every principle of nature shows that MONEY , CURRENCY , AND CAPITAL . 41.
Página 42
... producing power , and for a time is a great sustainer of prices , by enabling people to withhold their commodities from the market . Now , raising the rate of discount curtails credit , forces sales , and thereby lowers the prices of ...
... producing power , and for a time is a great sustainer of prices , by enabling people to withhold their commodities from the market . Now , raising the rate of discount curtails credit , forces sales , and thereby lowers the prices of ...
Página 43
... produced by the credit system , that a rise in the rate of discounts just hits profits between wind and water . Consequently , a rise in the rate of discount retards and curtails production in proportion to the diminished con- suming ...
... produced by the credit system , that a rise in the rate of discounts just hits profits between wind and water . Consequently , a rise in the rate of discount retards and curtails production in proportion to the diminished con- suming ...
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Términos y frases comunes
affairs amount of notes augment Bank Act Bank Charter Act Bank Directors bank notes Bank of Eng Bank of England Bank of France Bank rate bank-notes bankers Banking Department banking reserve Banks of Issue bullion capitalists cent coinage commerce commodities consequence credit money currency Debt demand deposits diminish effect Émile 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