The Collected Works of Walter Bagehot: The economic essays |
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Стр. 72
In ordinary times , the intercourse between the two is probably close enough . The little dealer is probably in the habit of pledging his ' securities ' to the larger dealer at a rate less than he has himself charged , and of running ...
In ordinary times , the intercourse between the two is probably close enough . The little dealer is probably in the habit of pledging his ' securities ' to the larger dealer at a rate less than he has himself charged , and of running ...
Стр. 100
In the infancy of banking it is probably much better that a govern- ment should as a rule keep its own money . If there are not banks in which it can place secure reliance , it should not seem to rely upon them .
In the infancy of banking it is probably much better that a govern- ment should as a rule keep its own money . If there are not banks in which it can place secure reliance , it should not seem to rely upon them .
Стр. 162
Probably , if he be a cautious man of average ability , he will combine both evils ; he will not lend so much money as he is asked for , and so will offend his own supporters ; but will lend some which will be lost , and so the profits ...
Probably , if he be a cautious man of average ability , he will combine both evils ; he will not lend so much money as he is asked for , and so will offend his own supporters ; but will lend some which will be lost , and so the profits ...
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Editors Preface | 19 |
Foreign Countries 186376 | 22 |
Note on the Text | 25 |
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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