Money and Morals: A Book for the Times |
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Page 12
... ment , and there is nothing else that does so in that large and governing class of transactions which take place between dealers and consumers . It must , of course , be assumed that a banker never opens a credit upon himself in order ...
... ment , and there is nothing else that does so in that large and governing class of transactions which take place between dealers and consumers . It must , of course , be assumed that a banker never opens a credit upon himself in order ...
Page 23
... ment both are willing , and there is expansion . When the crisis comes borrowers are more than ever willing , but lenders are not , and there is contraction . After the crisis is fairly over the desire of the borrower for loans rapidly ...
... ment both are willing , and there is expansion . When the crisis comes borrowers are more than ever willing , but lenders are not , and there is contraction . After the crisis is fairly over the desire of the borrower for loans rapidly ...
Page 27
... ment - over - trading - CONVULSION - pressure - stagnation - distress - ending again LORD OVERSTONE ' , 1837 . in quiescence . " Savings in a Currency and in Commodities . a THE first portion of a currency that was laid by as saving ...
... ment - over - trading - CONVULSION - pressure - stagnation - distress - ending again LORD OVERSTONE ' , 1837 . in quiescence . " Savings in a Currency and in Commodities . a THE first portion of a currency that was laid by as saving ...
Page 72
... ment of defence , were able to baffle the enmity of priests and kings . The money dealers of India have it also by native tradi- tion from a remote period . In whatever way it may arise , a great or prolific thought cannot perish . That ...
... ment of defence , were able to baffle the enmity of priests and kings . The money dealers of India have it also by native tradi- tion from a remote period . In whatever way it may arise , a great or prolific thought cannot perish . That ...
Page 74
... ment of law - suits , of dormant mercantile balances , and of the innumerable payments of income drawn in the manner already described from all parts of the kingdom . The latter species of derivative money capital is that portion which ...
... ment of law - suits , of dormant mercantile balances , and of the innumerable payments of income drawn in the manner already described from all parts of the kingdom . The latter species of derivative money capital is that portion which ...
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Common terms and phrases
accumulation addition aggregate of income agricultural amongst amount appears bank credit Bank of England bank-notes bankers become bills of exchange bullion capitalist cause Christian Church Church of Rome commercial commodities course currency danger demand deposits disposable effect employment English error evil existing fact foreign France gold Government greater habitual hand hoards House of Commons human important increase industry investment J. S. Mill labour Lancashire less loans London Lord Overstone manufacturing mass matter means ment mercantile Mill mind monetary money capital money income money market moral never operations paying power payment period political economy portion practical present principle produce profit purchase question racter railway rate of interest render Roman Catholic Church saving scarcely social society speculation supply taxation tendency theory things thought tion transfer true truth wages wealth whole