The Collected Works of Walter Bagehot: The economic essaysHarvard University Press, 1978 |
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Стр. 65
... bullion in the Bank ; that for every new five pounds of bullion there should be a new five pound note somewhere , and that for every new five pound note there should be a new five pounds of bullion somewhere . The framers of the Act ...
... bullion in the Bank ; that for every new five pounds of bullion there should be a new five pound note somewhere , and that for every new five pound note there should be a new five pounds of bullion somewhere . The framers of the Act ...
Стр. 336
... bullion . And from this it would certainly follow that at a panic there would be an elastic element which would ... bullion to turn the whole into bank notes . Suppose the amount to be £ 5,000,000 stock and £ 250,000 in bullion , the ...
... bullion . And from this it would certainly follow that at a panic there would be an elastic element which would ... bullion to turn the whole into bank notes . Suppose the amount to be £ 5,000,000 stock and £ 250,000 in bullion , the ...
Стр. 337
... bullion if bullion was wanted . The government department charged with the issue of notes would have to keep the banking reserve of the country as well as its currency reserve , for no bank would lose income by keeping anything in hard ...
... bullion if bullion was wanted . The government department charged with the issue of notes would have to keep the banking reserve of the country as well as its currency reserve , for no bank would lose income by keeping anything in hard ...
Содержание
The Trade Cycle and Banking Policy 186175 | 13 |
The Duty of the Bank of The Economist | 20 |
The Causes of the Existing The Economist | 28 |
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America amount augmented bank notes Bank of England Bank of France banking reserve bills bullion capital cash cause cent cheques circulation coin coinage commercial commodities consequence considerable Crédit Mobilier debt demand demonetisation deposits depreciation of silver difficulty diminished discount doubt Economist effect English evil exchange executive government export fall fixed French gold Gurney important income tax increase India Indian government industry investments issue keep labour land Latin Union legal tender lend less liabilities limited loans Lombard Street London bankers ment metal millions monopoly national banks obtain old firm operation Overend paid panic payment persons present price of silver principle produce profit proposed railway rate of interest reserve revenue rise rupees Scotch Scotland securities shares Sir Robert Peel speculation tion trade transactions Volume whole دو