The Collected Works of Walter Bagehot: The economic essaysHarvard University Press, 1978 |
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Стр. 91
... note issue itself has ceased to be very impor- tant to him . The efficiency of this introduction is proportional to the diffusion of the right of note issue . A single monopolist issuer , like the Bank of France , works its way with ...
... note issue itself has ceased to be very impor- tant to him . The efficiency of this introduction is proportional to the diffusion of the right of note issue . A single monopolist issuer , like the Bank of France , works its way with ...
Стр. 92
... issue that circulation with safety . A system of note issues is therefore the best introduction to a large system of deposit banking . As yet , historically , it is the only introduc- tion : no nation as yet has arrived at a great ...
... issue that circulation with safety . A system of note issues is therefore the best introduction to a large system of deposit banking . As yet , historically , it is the only introduc- tion : no nation as yet has arrived at a great ...
Стр. 97
... note issue of the metropolis . It had at that time no branches , and so it did not compete for the country cir ... issue notes , and unincorporated individuals gradually gave way , and ceased to do so . Up to 1844 London private bankers ...
... note issue of the metropolis . It had at that time no branches , and so it did not compete for the country cir ... issue notes , and unincorporated individuals gradually gave way , and ceased to do so . Up to 1844 London private bankers ...
Содержание
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