The Collected Works of Walter Bagehot: The economic essaysHarvard University Press, 1978 |
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Стр. 204
... balances , and that it did so in two ways . First , the German government had a large balance of its own lying at a particular joint stock bank . That bank lent this balance , at its own discretion , to bill brokers or others , and it ...
... balances , and that it did so in two ways . First , the German government had a large balance of its own lying at a particular joint stock bank . That bank lent this balance , at its own discretion , to bill brokers or others , and it ...
Стр. 205
... balances would thus be reduced . But this reduction would not be permanent . A banker who has to pay £ 100,000 cannot afford to reduce his balance at the Bank of England £ 100,000 ; suppose that his liabilities are £ 2,000,000 , and ...
... balances would thus be reduced . But this reduction would not be permanent . A banker who has to pay £ 100,000 cannot afford to reduce his balance at the Bank of England £ 100,000 ; suppose that his liabilities are £ 2,000,000 , and ...
Стр. 207
... balances were never to be lent , would be productive of great inconvenience . A large sum is just then paid from the government balance to the bankers ' balances , and if you permitted the Bank to lend it while it was still in the hands ...
... balances were never to be lent , would be productive of great inconvenience . A large sum is just then paid from the government balance to the bankers ' balances , and if you permitted the Bank to lend it while it was still in the hands ...
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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