The Principles of Political Economy Applied to the Condition, the Resources, and the Institutions of the American PeopleLittle, Brown,, 1856 - 546 páginas |
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Página xxi
... issue Page 350 351 352 Cannot increase loans or notes at pleasure Facts and theory support this statement The currency is a fixed quantity The public , not the banks , regulate the circulation 353 354 355 355 Banks compete with each ...
... issue Page 350 351 352 Cannot increase loans or notes at pleasure Facts and theory support this statement The currency is a fixed quantity The public , not the banks , regulate the circulation 353 354 355 355 Banks compete with each ...
Página 109
... issue in abun- dant streams , giving efficiency and fertility to labor throughout the land . The water which falls in drops upon the desert , sinks through the sand , and leaves the ground arid and barren as before ; but when collected ...
... issue in abun- dant streams , giving efficiency and fertility to labor throughout the land . The water which falls in drops upon the desert , sinks through the sand , and leaves the ground arid and barren as before ; but when collected ...
Página 157
... issue admitted to be legitimate by English law ; and the three who married and had issue , left but five children in all , only two of whom are sons . The history of several other royal families in Europe is of a similar character ; but ...
... issue admitted to be legitimate by English law ; and the three who married and had issue , left but five children in all , only two of whom are sons . The history of several other royal families in Europe is of a similar character ; but ...
Página 297
... issue fresh coins . " An alteration in the relative value of gold and silver , or , in- deed , between any other two ... issues , till the necessity for having a certain amount of value to fill the ordinary channels of circulation raises ...
... issue fresh coins . " An alteration in the relative value of gold and silver , or , in- deed , between any other two ... issues , till the necessity for having a certain amount of value to fill the ordinary channels of circulation raises ...
Página 300
... issues bills to serve as currency , to preserve these bills from depreciation in every place where they circulate to any extent . If , by any strange chance in the course of trade , the bills of our Boston banks should come to circulate ...
... issues bills to serve as currency , to preserve these bills from depreciation in every place where they circulate to any extent . If , by any strange chance in the course of trade , the bills of our Boston banks should come to circulate ...
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Términos y frases comunes
acre Adam Smith advantage aggregate agricultural American amount annual average Bank of England banks bills Britain bushels capital causes cent Circulating Capital circulation circumstances civilized coin commercial commodities consequence consumed consumption coöperation cost cultivation currency debt demand depreciation diminished distribution division of labor dollars earth effect employed employment England English equal estates evil exchange exports extent fact farms fertile flour foreign former geometrical progression gold grain greater hands increase individual industry inhabitants Ireland J. S. Mill labor land less Malthusians manufactures Massachusetts means ment merchant metals millions natural nearly necessary obtain operations payment persons Political Economy population portion pound sterling precious metals principle produce proportion purchase quantity rate of profit rent savings says sell silver society soil specie subsistence supply theory tion trade value of money wages wealth whole
Pasajes populares
Página 476 - The statesman, who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself...
Página 132 - In two centuries the population would be to the means of subsistence as 256 to 9; in three centuries as 4096 to 13, and in two thousand years the difference would be almost incalculable.
Página 475 - That the maxim of buying in the cheapest market, and selling in the dearest, which regulates every merchant in his individual dealings, is strictly applicable as the best rule for the trade of the whole nation.
Página 122 - The laws and conditions of the production of wealth, partake of the character of physical truths. There is nothing optional, or arbitrary in them. Whatever mankind produce, must be produced in the modes, and under the conditions, imposed by the constitution of external things, and by the inherent properties of their own bodily and mental structure.
Página 56 - One of those boys, who loved to play with his companions, observed that, by tying a string from the handle of the valve which opened this communication, to another part of the machine, the valve would open and shut without his assistance, and leave him at liberty to divert himself with his playfellows.
Página 476 - It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy.
Página 500 - They were themselves, either from their original condition, or from the necessity of their common interest, nearly on a general level in respect to property. Their situation demanded a parcelling out and division of the lands, and it may be fairly said, that this necessary act fixed the future frame and form of their government. The character of their political institutions was determined by the fundamental laws respecting property.
Página 225 - The property which every man has in his own labor, as it is the original foundation of all other property, so it is the most sacred and inviolable.
Página 233 - In every society the price of every commodity finally resolves itself into some one or other, or all of those three parts; and in every improved society, all the three enter more or less, as component parts, into the price of the far greater part of commodities.
Página 10 - What is annually saved is as regularly consumed as what is annually spent, and nearly in the same time too ; but it is consumed by a different set of people.