The Collected Works of Walter Bagehot: The economic essaysHarvard University Press, 1978 |
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Стр. 90
... paper circulation is immediately in existence . A paper cir- culation is begun by the banker , and requires no effort on the part of the public ; on the contrary , it needs an effort of the public to be rid of notes once issued ; but ...
... paper circulation is immediately in existence . A paper cir- culation is begun by the banker , and requires no effort on the part of the public ; on the contrary , it needs an effort of the public to be rid of notes once issued ; but ...
Стр. 252
... paper and of debasement by individual coiners are exactly the same : both temporary , both acting for un- certain lengths of time , both productive of extensive mischief while they last . One great difference is , that debasement is a ...
... paper and of debasement by individual coiners are exactly the same : both temporary , both acting for un- certain lengths of time , both productive of extensive mischief while they last . One great difference is , that debasement is a ...
Стр. 492
... paper currency nominally payable on demand ; it ends in substituting a paper which is hopelessly depreciated — which the government never thinks of repaying , however much it may be demanded . There is , indeed , often greater excuse ...
... paper currency nominally payable on demand ; it ends in substituting a paper which is hopelessly depreciated — which the government never thinks of repaying , however much it may be demanded . There is , indeed , often greater excuse ...
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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