The Collected Works of Walter Bagehot: The economic essaysHarvard University Press, 1978 |
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... DEPRECIATION OF INCONVERTIBLE PAPER We showed last week that neither the depreciation of an inconvertible paper , nor the appreciation of an artificially limited coin , produces as a rule any effect on trade . What an English exporter ...
... DEPRECIATION OF INCONVERTIBLE PAPER We showed last week that neither the depreciation of an inconvertible paper , nor the appreciation of an artificially limited coin , produces as a rule any effect on trade . What an English exporter ...
Стр. 221
... depreciation of silver in India and the depreciation of the Indian exchange have the following effect , that a London merchant desiring to speculate in Indian produce , will be able with his gold to buy a larger number of rupees ; and ...
... depreciation of silver in India and the depreciation of the Indian exchange have the following effect , that a London merchant desiring to speculate in Indian produce , will be able with his gold to buy a larger number of rupees ; and ...
Стр. 222
... depreciated in the East . It is only during the process of depreciation that my argument holds . CHAIRMAN 1378. When I asked you your opinion , I drew a distinction between a temporary effect and a permanent effect ; the opinion you ...
... depreciated in the East . It is only during the process of depreciation that my argument holds . CHAIRMAN 1378. When I asked you your opinion , I drew a distinction between a temporary effect and a permanent effect ; the opinion you ...
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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