The Collected Works of Walter Bagehot: The economic essaysHarvard University Press, 1978 |
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Стр. 73
... merchants are under liabilities ; they have bills to meet soon , and they can only pay those bills by discounting bills on other merchants . In other words , all merchants are dependent on borrowing money , and large merchants are ...
... merchants are under liabilities ; they have bills to meet soon , and they can only pay those bills by discounting bills on other merchants . In other words , all merchants are dependent on borrowing money , and large merchants are ...
Стр. 165
... merchants in the Bank court had not erroneously taken the same view of the Bank's business that they must properly take of their own mercantile business . The Bank directors have almost always been too cheerful as to the Bank's business ...
... merchants in the Bank court had not erroneously taken the same view of the Bank's business that they must properly take of their own mercantile business . The Bank directors have almost always been too cheerful as to the Bank's business ...
Стр. 298
... merchants must have to meet their bills , is reduced ; and merchants will consequently have more difficulty in meeting their bills — must pay higher rates of discount - must , in the end , stop payment , if the pressure continues long ...
... merchants must have to meet their bills , is reduced ; and merchants will consequently have more difficulty in meeting their bills — must pay higher rates of discount - must , in the end , stop payment , if the pressure continues long ...
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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