Money: Its Nature, History, Uses and Responsibilities

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1799 - 192 páginas

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Página 81 - And all king Solomon's drinking vessels were of gold, and all the vessels of the house of the forest of Lebanon were of pure gold; none were of silver: it was nothing accounted of in the days of Solomon.
Página 111 - The gold and silver money which circulates in any country may very properly be compared to a highway, which, while it circulates and carries to market all the grass and corn of the country, produces itself not a single pile of either.
Página 81 - And he made three hundred shields of beaten gold; three pounds of gold went to one shield; and the king put them in the house of the forest of Lebanon.
Página 80 - And a river went out of Eden to water the garden; and from thence it was parted, and became into four heads. The name of the first is Pison: that is it which compasseth the whole land of Havilah, where there is gold; and the gold of that land is good: there is bdellium and the onyx stone.
Página 174 - ... of theories compassing all knowledge, and of imagery peopling all space, the practical philosopher sent his hearers to their homes instructed in a doctrine cheerful, genial and active, a doctrine which taught them to be sociable and busy, to augment to the utmost of their power the joint stock of human happiness, and freely to take, and freely to enjoy, the share assigned to each by the conditions of that universal partnership. And well did the teacher illustrate his own maxims. The law of social...
Página 122 - ... however, take effect till 1821. Great distress certainly followed the readjustment of the currency, and extensive failures also took place. The whole question as to the propriety or otherwise of the measure has been much argued, and the result is thus summed up by Mr. McCulloch : — " One party contends that Mr. Peel's Act not only put an end to those fluctuations in the value of money which had previously been productive of great mischief, and gave effect to the solemn engagements into which...
Página 103 - But thou shalt have a perfect and just weight, a perfect and just measure shalt thou have : that thy days may be lengthened in the land which the LORD thy God giveth thee.
Página 102 - From November, 1850, to June, 1851, the Bank of England issued 9,500,000 sovereigns, being at the rate of 18,000,000 a year; and so great is the demand for our gold coins, that...
Página 123 - that in this, as in most other cases of the sort, the statements of both parties have been exaggerated, and that if, on the one hand, the measure has not been so advantageous as its apologists represent, neither, on the other, has it been nearly so injurious as its enemies would have us believe.
Página 174 - If the philosophical poet dismissed his audience under the spell of theories compassing all knowledge, and of imagery peopling all space, the practical philosopher sent his hearers to their homes instructed in a doctrine, cheerful, genial, and active — a doctrine which taught them to be sociable and busy, to augment to the utmost of their power the joint stock of human happiness, and freely to take, and freely to enjoy, the share assigned to each by the conditions of that universal partnership....

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