The Collected Works of Walter Bagehot: The economic essaysHarvard University Press, 1978 |
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Стр. 74
... alarm ' is an opinion that the money of certain persons will not pay their creditors when those credtiors want to be paid . If possible , that alarm is best met by enabling those persons to pay their creditors to the very moment . For ...
... alarm ' is an opinion that the money of certain persons will not pay their creditors when those credtiors want to be paid . If possible , that alarm is best met by enabling those persons to pay their creditors to the very moment . For ...
Стр. 75
... alarm . The management of the money market is the more difficult because , as has been said , periods of internal panic and external demand for bullion commonly occur together . The foreign drain empties the Bank till , and that ...
... alarm . The management of the money market is the more difficult because , as has been said , periods of internal panic and external demand for bullion commonly occur together . The foreign drain empties the Bank till , and that ...
Стр. 77
... alarm , or in any alarm affecting that particular banker only , he can rely on such reserve with- out misgiving . But not so in a general panic . Then , if he wants to sell £ 500,000 worth of consols , he will not find £ 500,000 of ...
... alarm , or in any alarm affecting that particular banker only , he can rely on such reserve with- out misgiving . But not so in a general panic . Then , if he wants to sell £ 500,000 worth of consols , he will not find £ 500,000 of ...
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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