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... Money and Morals: A Book for the Times - Page 27by John Lalor - 1852 - 328 pagesFull view - About this book
| Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - American fiction - 1854 - 580 pages
...general agitation and distress. The state of trade, says Lord Overstone (formerly Mr. Jones Loyd), "revolves apparently in an established cycle. First...confidence — prosperity — excitement — over-trading — convulsion — pressure — stagnation — distress — ending again in quiescence." Mr. Lalor... | |
| Samuel Jones Loyd Baron Overstone - Banks and banking - 1837 - 64 pages
...short explanation will be sufficient 43 to show that they are in many respects co/i/lictii/g duties. The history of what we are in the habit of calling...confidence, — prosperity, — excitement, — overtrading, — convulsion, — pressure, — stagnation, — distress, — ending again in quiescence. Now during... | |
| Condy Raguet - Finance - 1838 - 428 pages
...very short explanation will be sufficient to show that they are, in many respects, conflicting duties. The history of what we are in the habit of calling...subject to various conditions which are periodically rcturning; it revolves apparently in an established cyele. First we find it in a state of quiescence,... | |
| George Warde Norman - Currency question - 1838 - 116 pages
...This opinion is an immense exaggeration of the truth. Mr. Loyd well observes, " that in " .examining what we are in the habit of calling " the state of trade, we find it subject to certain " conditions which are periodically returning; " it revolves apparently... | |
| John Francis - 1847 - 324 pages
...perusal. There is the finest of all philosophies, the philosophy of nature, in the remark. "The histoiy of what we are in the habit of calling the ' state...established cycle. First we find it in a state of quiesence—next improvement—growing confidence—prosperity — excitement—overtrading — convulsion—pressure... | |
| 1853 - 560 pages
...described with such concentrated power and awful truth in the following words of Lord Overstone : ' The history of what we are in the habit of calling...growing confidence, prosperity, excitement, overtrading, convulsion, pressure, stagnation, distress, ending again in quiescence.' Think for a moment of the... | |
| Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - American fiction - 1854 - 566 pages
...general agitation and distress. The state of trade, says Lord Overstone (formerly Mr. Jones Loyd), " revolves apparently in an established cycle. First...confidence — prosperity — excitement — over-trading — convulsion — pressure , — stagnation — distress — ending again in quiescence." Mr. Lalor... | |
| Francis Bowen - Economics - 1856 - 590 pages
...phenomena in the history of commerce. The state of trade, says Lord Overstone, (formerly Mr. Jones Loyd,) "revolves apparently in an established cycle. First,...— prosperity, — excitement, — over-trading, — convulsion, — pressure, — stagnation, — distress, — ending again in quiescence." Experience... | |
| Samuel Jones Loyd Baron Overstone - Banks and banking - 1857 - 694 pages
...very short explanation will be sufficient to show that they are in many respects conflicting duties. The history of what we are in the habit of calling...confidence, — prosperity, — excitement, — overtrading, — convulsion, — pressure, — stagnation, — distress, — ending again in quiescence. Now during... | |
| Samuel Jones Loyd Baron Overstone - Banks and banking - 1858 - 722 pages
...very short explanation will be sufficient to show that they are in many respects conflicting duties. The history of what we are in the habit of calling...various conditions which are periodically returning; it icvolves apparently in an established cycle. First we find it in a state of quiescence, — next improvement,... | |
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