A Treatise on Coins, Currency, and Banking: With Observations on the Bank Act of 1844 and on the Reports of the Committees of the House of Lords and of the House of Commons on the Bank Acts |
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Common terms and phrases
according Adam Smith amount Amsterdam appears bank notes Bank of England banker become bills bullion capital carried causes cent circulation commerce Committee commodities Company consequence considerable considered continue convenient convertibility currency debt demand deposit discount duty effect engagements equal established evidence exchange exportation extent foreign give given gold and silver gold coin Government Governor greater House importation increase individual interest issue issue department legal tender less London Lord loss manufactures means measure ment mercantile merchants millions obligation observes occasion operations opinion paid payment period person pound present pressure principle produce profit promise promissory notes purchase quantity received regulations reserve respect securities shillings silver coin sovereign standard supply supposed things tion trade United weight whole
Popular passages
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Page 122 - The natural price, therefore, is, as it were, the central price, to which the prices of all commodities are continually gravitating. Different accidents may sometimes keep them suspended a good deal above it, and sometimes force them down even somewhat below it. But whatever may be the obstacles which hinder them from settling in this center of repose and continuance, they are constantly tending towards it.
Page 4 - Mrs. Marcet's Conversations on Chemistry, in which the Elements of that Science are familiarly explained and illustrated by Experiments.
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Page 9 - Family Shakspeare ; in which nothing is added to the Original Text ; but those words and expressions are omitted which cannot with propriety be read aloud.