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Bank Credits from Deposits.
A simple Book-transfer effects Payment
Bank Credits from Loans.
Bank Loans an addition to the Aggregate of Money
This third Element of Money very variable
London Private Banks form one Bank
Mr. Newmarch's Estimate of Discounts
Bankers an essential Part of our Money System
Bank Credit fluctuates from Confidence and Distrust
Confidence depends on Regularity of Commerce
Regularity depends on correct Anticipation of Supply and Consumptive
Demand
Bank Deposits could not all be paid
Bank Credit to some extent as permanent as Gold
Original and Factitious Money
Bank Credit at any moment definite in amount
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CHAP. III.-MONEY CAPITAL.
The first Saving in a Currency was Money Capital .
A Saving in a Currency differs from a Saving made in Commodities
Money Capital passes into Money Income
Money the Basis of industrial Calculations
The Aggregate of Income the "Return Power" to Capital
Proportion between Capital and Income
A general Glut habitual in England
Tendency to speculative Excitements progressive
Speculative Enterprises convert Capital into Income
Destruction of Capital leads to Saving
Banking Facilities after a Crisis
Money Capital lost reappears in new Hands
A definite Relation between Capital and Income
Aggregate of Income, how increased
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Incomes created by investing Capital in Manufactures
Incomes derived from Profits.
Revolution of Capital and Income
How is return to new Capital possible?
Return to old Capital diminished
Old Capital spent as Income
Effect of new Incomes upon Aggregate of Income
CHAP. V.-THE REVOLUTION OF CAPITAL AND INCOME.
Verification of the Law of Revolution
Money Capital squandered returns into new Hands
The Revolution of Capital and Income may be quickened or retarded
Law of the Increase of Capital
Note on the Proposal to fix a Minimum Rate of Discount for the Bank of
England
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CHAP. X.-SOLUTION OF THE PROBLEM.
Conclusions respecting Capital
Theory of Depreciation
PART II.-PRECAUTIONS.
CHAP. I.-POLITICAL ECONOMY AND ITS PREJUDICES.
Political Economy built on Suppositions
Economical Truths not Moral Rules
Doctrine of Laisser faire.
Resistance to the Principle of Laisser faire
CHAP. II.-TAXATION.
Ancient Feeling respecting Taxation
Present Danger from Dislike to Taxation
Mr. Norman on Taxation
Mr. Ricardo on Taxation
Real Incidence of Taxation
Effect of Remission on Producers and Consumers
Questions of Taxation subordinate
CHAP. III.-RURAL LIFE AND EMPLOYMENTS.
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CHAP. V.-LOANS FOR COLONIZATION AND EMIGRATION.
Principle of Loans applies to other Cases
Misdirection of Capital in 1845
Wakefield and Buller on Colonization
Colonization by the English Aristocracy
Supply of Wool from Australia
Effects of the new Gold in Australia
Probable Effects of Emigration
Importance of the Supply of Wool .
Supply of Cotton
CHAP. VI.-LOANS FOR THE IMPROVEMENT OF TOWNS.
A Town Life the future Life of England.
Evils of a Town Life
Healthy Habitations wanted
Loans for Town Drainage and Water Supply
Loans for Improvement of Dwellings
CHAP. VII.-WORKING PARTNERSHIPS.