Money and Morals: A Book for the Times |
From inside the book
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Page vi
... 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 ...
... 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 ...
Page ix
... Note upon Agricultural Labourers PAGE 123 124 . 129 132 134 137 141 144 . 146 • . 146 · . 149 . 151 . 157 . 154 . 156 . 158 . 161 . 162 . 163 • 164 165 . 166 CHAP . IV . - AGRICULTURAL LOANS . Loans warranted CONTENTS . ix.
... Note upon Agricultural Labourers PAGE 123 124 . 129 132 134 137 141 144 . 146 • . 146 · . 149 . 151 . 157 . 154 . 156 . 158 . 161 . 162 . 163 • 164 165 . 166 CHAP . IV . - AGRICULTURAL LOANS . Loans warranted CONTENTS . ix.
Page x
... Loans warranted by the Excess of Capital Farmers cannot obtain Capital for themselves Prosperous Trades create their own new Capital Use of Government Intervention Objections Agricultural Loans would be repaid CHAP . V. - LOANS FOR ...
... Loans warranted by the Excess of Capital Farmers cannot obtain Capital for themselves Prosperous Trades create their own new Capital Use of Government Intervention Objections Agricultural Loans would be repaid CHAP . V. - LOANS FOR ...
Page 16
... Loans . As yet , however , we have not got our third element fully extricated . For this book credit does actually exist as an addi- tion to the mass of gold and notes ; and , hitherto , we have only seen it acting as their convenient ...
... Loans . As yet , however , we have not got our third element fully extricated . For this book credit does actually exist as an addi- tion to the mass of gold and notes ; and , hitherto , we have only seen it acting as their convenient ...
Page 17
... loan . But the aggregate of new money , or paying power , created by loan credits , is still always a definite and ascertainable quantity , because it must exactly correspond to the loans made by bankers . These loans correctly measure ...
... loan . But the aggregate of new money , or paying power , created by loan credits , is still always a definite and ascertainable quantity , because it must exactly correspond to the loans made by bankers . These loans correctly measure ...
Contents
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Common terms and phrases
accumulation aggregate of income agricultural amongst amount appears bank credit Bank of England bankers become bills broker bullion capitalists cause Christian Church Church of Rome commercial commodities currency danger demand deposits disposable effect employment English error evil exchange existing fact farmers feel force foreign France French gold Government greater habitual hand House of Commons human important increase industry investment J. S. Mill labour Lancashire less loans London Lord John Russell Lord Overstone manufacturing mass matter means ment mercantile mind monetary money capital money income money market moral operations paying power period political economy portion practical present principle produce profit question racter railway rate of discount rate of interest Roman Catholic Roman Catholic Church scarcely social society speculation supply taxation tendency theory things thought tion trade true truth wages wealth whole
Popular passages
Page 268 - I STOOD in Venice on the Bridge of Sighs, A palace and a prison on each hand ; I saw from out the wave her structures rise As from the stroke of the enchanter's wand : A thousand years their cloudy wings expand Around me, and a dying Glory smiles O'er the far times, when many a subject land Look'd to the winged Lion's marble piles, Where Venice sate in state, throned on her hundred isles...
Page 290 - It is good neither to eat flesh, nor to drink wine, nor any thing whereby thy brother stumbleth, or is offended, or is made weak.
Page 141 - Abstract liberty, like other mere abstractions, is not to be found. Liberty inheres in some sensible object; and every nation has formed to itself some favorite point, which by way of eminence becomes the criterion of their happiness. It happened, you know, Sir, that the great contests for freedom in this country were from the earliest times chiefly upon the question of taxing.
Page 142 - They took infinite pains to inculcate, as a fundamental principle, that in all monarchies the people must in effect themselves, mediately or immediately, possess the power of granting their own money, or no shadow of liberty could subsist.
Page 105 - Mammon led them on, Mammon, the least erected Spirit that fell From Heaven; for even in Heaven his looks and thoughts Were always downward bent, admiring more The riches of Heaven's pavement, trodden gold, Than aught divine or holy else enjoyed In vision beatific.
Page xxxi - And he said unto them, Take heed, and beware of covetousness : for a man's life consisteth not in the abundance of the things which he possesseth.
Page 27 - The history of what we are in the habit of calling the " state of trade " is an instructive lesson. We find it subject to various conditions which are periodically returning ; it revolves apparently in an established cycle. First we find it in a state of quiescence, — next improvement, — growing confidence, — prosperity, — excitement, — overtrading, — convulsion, — pressure, — stagnation, — distress, — ending again in quiescence.
Page 68 - Ho, no, no, no, no ; — my meaning, in saying he is a good man, is to have you understand me, that he is sufficient...
Page 290 - For one believeth that he may eat all things : another who is weak eateth herbs. Let not him that eateth despise him that eateth not ; and let not him which eateth not judge him that eateth : for God hath received him.
Page 268 - In Venice Tasso's echoes are no more, And silent rows the songless gondolier ; Her palaces are crumbling to the shore, And music meets not always now the ear : Those days are gone — but beauty still is here.