The Collected Works of Walter Bagehot: The economic essaysHarvard University Press, 1978 |
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Стр. 101
... borrow by our present laws in the open market . He can only borrow from the Bank of Eng- land on what are called ' deficiency bills ' . In a natural system , he would borrow of any one out of many competing banks , selecting the one ...
... borrow by our present laws in the open market . He can only borrow from the Bank of Eng- land on what are called ' deficiency bills ' . In a natural system , he would borrow of any one out of many competing banks , selecting the one ...
Стр. 106
... borrow it to lock it up ; they borrow it , in the language of the market , to ' operate with ' — that is , they try to buy with it ; and that new attempt to buy , that new demand , raises prices . And this rise of prices has three ...
... borrow it to lock it up ; they borrow it , in the language of the market , to ' operate with ' — that is , they try to buy with it ; and that new attempt to buy , that new demand , raises prices . And this rise of prices has three ...
Стр. 126
... borrow ; and in a period of high prices many merchants are peculiarly anxious to borrow , because the augmentation of the price of the article in which they deal makes them really see , or imagine that they see , peculiar opportunities ...
... borrow ; and in a period of high prices many merchants are peculiarly anxious to borrow , because the augmentation of the price of the article in which they deal makes them really see , or imagine that they see , peculiar opportunities ...
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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