The Collected Works of Walter Bagehot: The economic essaysHarvard University Press, 1978 |
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Стр. 61
... bank can multiply them . At that particular day the Bank of England had only £ 11,297,000 in its till against ... bank notes - and the relation of such securities to real cash will be dis- cussed presently ; but of real cash , the Bank ...
... bank can multiply them . At that particular day the Bank of England had only £ 11,297,000 in its till against ... bank notes - and the relation of such securities to real cash will be dis- cussed presently ; but of real cash , the Bank ...
Стр. 96
... England knows noth- ing of any such principle . It is only possible by Royal charter or statute law . And by neither of these was any real bank ... England till within these few years . Indeed , a good many people thought it was right for the ...
... England knows noth- ing of any such principle . It is only possible by Royal charter or statute law . And by neither of these was any real bank ... England till within these few years . Indeed , a good many people thought it was right for the ...
Стр. 206
... Bank for fresh discounts to make up those balances . The drain on the Bank is twofold : first , the banking re- serve ... England ought never to lend the ' bankers ' balances ' at all , that they ought to keep them in- tact , and as an ...
... Bank for fresh discounts to make up those balances . The drain on the Bank is twofold : first , the banking re- serve ... England ought never to lend the ' bankers ' balances ' at all , that they ought to keep them in- tact , and as an ...
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Editors Preface | 19 |
Foreign Countries 186376 | 22 |
Note on the Text | 25 |
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Часто встречающиеся слова и выражения
advances alarm amount augmented Bagehot balance Bank directors bank notes Bank of England Bank of France bankers banking department banking reserve bill brokers borrow bullion capital cash cause cent cheque circulation coin commercial commodities companies consequence currency danger dealers demand deposit banking depreciation diminished discount dividend doubt economic Economist effect English evil exchange Exchequer export foreign give gold Governor greater important increase industry joint stock banks joint stock companies keep lend lent less loans Lombard Street London Lord Overstone means ment mercantile merchants metallic money market monopoly nation natural never note issue obtain opinion Overend paid panic paper payment Peel's Act persons present principle private banks profit quantity railway rate of interest rise of prices Scotland securities shareholders Sir Robert Peel's theory trade transactions value of money Walter Bagehot wealth whole