A Dictionary, Practical, Theoretical, and Historical, of Commerce and Commercial NavigationLongman, Green, Longman, and Roberts, 1859 - 1523 páginas |
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Página 66
... gold would be a much greater drawback on its employment than its cost . The weight of 1000 sovereigns exceeds 21 lbs . troy ; so that were there nothing but coins in circulation , the conveyance of large sums from place to place to ...
... gold would be a much greater drawback on its employment than its cost . The weight of 1000 sovereigns exceeds 21 lbs . troy ; so that were there nothing but coins in circulation , the conveyance of large sums from place to place to ...
Página 78
... Gold being the standard or measure of value , government is bound to take effectual precautions that the currency shall truly correspond in the whole and in all its parts with that standard ; that every pound note shall be worth a ...
... Gold being the standard or measure of value , government is bound to take effectual precautions that the currency shall truly correspond in the whole and in all its parts with that standard ; that every pound note shall be worth a ...
Página 83
... gold , but actually bore a small premium . In the latter part of 1800 , however , their quan- tity was so much increased that they fell to a discount of 8 per cent , as compared with gold , but they soon after rose nearly to par ; and ...
... gold , but actually bore a small premium . In the latter part of 1800 , however , their quan- tity was so much increased that they fell to a discount of 8 per cent , as compared with gold , but they soon after rose nearly to par ; and ...
Página 84
... gold , rose in 1817 and 1818 , from the causes already mentioned , without any interference whatever on the part of government , to within little more than 24 per cent of the value of gold ; and that in 1819 the depreciation only ...
... gold , rose in 1817 and 1818 , from the causes already mentioned , without any interference whatever on the part of government , to within little more than 24 per cent of the value of gold ; and that in 1819 the depreciation only ...
Página 85
... gold ; and , in consequence , the London currency was not very materially diminished till Sep- tember , 1825. When , however , the continued demand of the public on the Bank for gold had rendered money scarce in the metropolis , the ...
... gold ; and , in consequence , the London currency was not very materially diminished till Sep- tember , 1825. When , however , the continued demand of the public on the Bank for gold had rendered money scarce in the metropolis , the ...
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