The Joint Standard: A Plain Exposition of Monetary Principles and of the Monetary ControversyMacmillan, 1894 - 221 psl. |
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The Joint Standard– A Plain Exposition of Monetary Principles and of the ... Elijah Helm Visos knygos peržiūra - 1894 |
The Joint Standard– A Plain Exposition of Monetary Principles and of the ... Elijah Helm Peržiūra negalima - 2017 |
The Joint Standard a Plain Exposition of Monetary Principles and of the ... Elijah Helm Peržiūra negalima - 2019 |
Pagrindiniai terminai ir frazės
advantage altered amount appreciation of gold average Bank of England Bombay spinner British cause cent CHAPTER cheque China coinage commercial consequence cotton Council drafts course of prices credit instruments debt demand for gold depreciation diminished doubt duties effect England notes exports extent extraordinary demands fact fall in exchange fall of prices France Germany Giffen gold and silver gold countries gold price gold standard gold-using Government greatly imports of merchandise index numbers India industry interest Joint Standard Lancashire last twenty Latin Union loss Manchester manufactures markets ments metals modities monetary question monetary system period price of silver prices of commodities profit Protectionism Protectionist quantity rate of exchange rates of wages ratio reduced result rupee silver standard countries Sir Robert Peel standard of value sterling prices supply of gold tariff taxation tended tion United Kingdom value of gold value of silver wage-earners whilst yarn
Populiarios ištraukos
43 psl. - I should say has already, a most powerfully beneficial effect. It loosens the country, as nothing else could, from its old bonds of debt and habit. It throws increased rewards before all who are making and acquiring wealth, somewhat at the expense of those who are enjoying acquired wealth. It excites the active and skilful classes of the community to new exertions...
177 psl. - I joined with my friends in deprecating any attempt to establish an international agreement for the free coinage of both gold and silver as standard money. I have advanced with further experience and reflection to the belief that such...
41 psl. - There is no contract, public or private, — no engagement, national or individual, which is unaffected by it. The enterprises of commerce, the profits of trade, the arrangements made in all the domestic relations of society, the wages of labour, pecuniary transactions of the highest amount and of the lowest, the payment of the national debt, the provision for the national expenditure, the command which the coin of the smallest denomination has over the necessaries of life, are all affected by the...
179 psl. - The closing of the mints against the free coinage of silver should be accompanied by an announcement that, though closed to the public, they will be used by government for the coinage of rupees in exchange for gold at a ratio to be then fixed, say Is. 4d. per rupee, and that at the government treasuries gold will be received in satisfaction of public dues at the same ratio.
100 psl. - The Tariff of the United Kingdom presents neither congruity nor unity of purpose ; no general principles seem to have been applied. * * * The Tariff often aims at incompatible ends ; the duties are sometimes meant to be both productive of revenue and for protective objects, which are frequently inconsistent with each other ; hence they sometimes operate to the complete exclusion of foreign produce, and in...
80 psl. - It is a great mistake to suppose that the adoption of the gold valuation by other states besides England will be beneficial. It will only lead to the destruction of the monetary equilibrium hitherto existing, and cause a fall in the value of silver, from which England's trade and the Indian silver valuation will suffer more than all other interests, grievous as the general decline of prosperity all over the world will be.
17 psl. - Now, undoubtedly the date which forms the dividing line between an epoch of approximate fixity in the relative value of gold and silver and one of marked instability is the year when the bimetallic system which had previously been in force in the Latin Union ceased to be in full operation ; and we are irresistibly led to the conclusion that the operation of that system, established as it was in countries the population and commerce of which were considerable, exerted a material difference upon the...
102 psl. - Wearied with our long and unavailing efforts to enter into satisfactory commercial treaties with other nations, we have resolved at length to consult our own interests, and not to punish those other countries for the wrong they do us in continuing their high duties upon the importation of our products and manufactures, by continuing high duties ourselves, encouraging unlawful trade.
100 psl. - The tariff often aims at incompatible ends; the duties are sometimes meant to be both productive of revenue and for protective objects, which are frequently inconsistent with each other ; hence they sometimes operate to the complete exclusion of foreign produce, and in so far no revenue can of course be received ; and sometimes, when the duty is inordinately high, the amount of revenue becomes in consequence trifling.
101 psl. - They do not make the receipt of revenue the main consideration, but allow that primary object of fiscal regulations to be thwarted by an attempt to protect a great variety of particular interests, at the expense of the revenue, and of the commercial intercourse with other countries. Whilst the Tariff has been made subordinate to many small producing interests at home, by the sacrifice of Revenue in order to support...