The Collected Works of Walter Bagehot: The economic essays |
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Стр. 75
If all those creditors demand . all that money at once , they cannot have it , for that which their debtors have used , is for the time employed , and not to be obtained . With the advantages of credit we must take the disadvantages too ...
If all those creditors demand . all that money at once , they cannot have it , for that which their debtors have used , is for the time employed , and not to be obtained . With the advantages of credit we must take the disadvantages too ...
Стр. 209
Because it may be called on to pay certain liabilities at once and in a moment . Why does any bank publish an account ? In order to satisfy the public that it possesses cash - or available securities - enough to meet its liabilities .
Because it may be called on to pay certain liabilities at once and in a moment . Why does any bank publish an account ? In order to satisfy the public that it possesses cash - or available securities - enough to meet its liabilities .
Стр. 487
But even allowing this to pass , there are two very great objections to this mode of meeting a foreign drain of bullion : first , though in the end it might be effectual , it might not - it certainly would not be effectual at once .
But even allowing this to pass , there are two very great objections to this mode of meeting a foreign drain of bullion : first , though in the end it might be effectual , it might not - it certainly would not be effectual at once .
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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
Библиографические данные
| Название | The Collected Works of Walter Bagehot: The economic essays The Collected Works of Walter Bagehot (Том 9), Norman St. John-Stevas |
| Автор | Walter Bagehot |
| Редактор | Norman St. John-Stevas |
| Издатель | Harvard University Press, 1978 |
| Экспорт цитаты | BiBTeX EndNote RefMan |