 As long as the public are willing to take these notes as gold, they produce, to a certain extent, the same effects. The banker, who first makes advances to the agriculturist, the manufacturer, or the merchant, in his own notes, stimulates as much the...  The History of Banking in Ireland - Seite 107von James William Gilbart - 1836 - 148 SeitenVollansicht - Über dieses Buch
 | James William Gilbart - 1847 - 354 Seiten
...take these notes as gold, they produce, to a certain extent, the same effects. The banker, who first makes advances to the agriculturist, the manufacturer,...means of the philosopher's stone, he had created an amount of gold equal to the amount of notes permanently maintained in circulation. It is this feature... | |
 | Freeman Hunt, Thomas Prentice Kettell, William Buck Dana - 1848 - 726 Seiten
...take these notes as gold, they produce, to a certain extent, the same effects. The banker, who first makes advances to the agriculturist, the manufacturer,...of the country, and provides employment for as many laborers, as if, by means of the philosopher's stone, he had created an amount of gold equal to the... | |
 | 1848 - 696 Seiten
...take these notes as gold, they produce, to a certain estent, the same effects. The banker, who first makes advances to the .agriculturist, the manufacturer,...of the country, and provides employment for as many laborers, as if, by moans of the philosopher's stone, he had created an amount of gold equal to the... | |
 | Calvin Colton - 1848 - 556 Seiten
...illustration of this subject, and as an expose of the principles of banking. " The banker who first makes advances to the agriculturist, the manufacturer,...of the country, and provides employment for as many laborers, as if, by means of the philosopher's stone, he had created an amount of gold equal to the... | |
 | 1848 - 700 Seiten
...take these notes as gold, they produce, to a certain extent, the same effects. The banker, who first makes advances to the agriculturist, the manufacturer,...the merchant, in his own notes, stimulates as much tho productive powers of the country, and provides employment for as many laborers, as if, by means... | |
 | 1848 - 706 Seiten
...take these notes as gold, they produce, to a certain extent, the same effects. The banker, who first makes advances to the agriculturist, the manufacturer, or the merchant, in his own notes, stimulates as muclithe productive powers of the country, and provides employment for as many laborers, as if, by... | |
 | James William Gilbart - 1865 - 546 Seiten
...take these notes as gold, they produce, to a certain extent, the same effects. The banker, who first makes advances to the agriculturist, the manufacturer,...means of the philosopher's stone, he had created an amount of gold equal to the amount of notes permanently maintained in circulation. It is this feature... | |
 | Cornelius Dennehy - 1875 - 208 Seiten
...authority on the " currency question " than Mr. Lowe, in his able work on banking, says : — " Bankers employ their own credit as capital ; they issue notes,...provides employment for as many labourers as if, by meansof the Philosopher's Stone, he had created an equal amount of gold." Then, again, take the case... | |
 | Henry Dunning Macleod - 1883 - 592 Seiten
...— " Bankers also employ their own Credit as Capital. They issue Notes promising to pay the bearer on demand. As long as the public are willing to take...agriculturist, the manufacturer, or the merchant, in liis own notes, stimulates as much the productive powers of the country, and provides employment for... | |
 | Henry Dunning Macleod - 1896 - 778 Seiten
...says : " Bankers also employ their own Credit as Capital. They issue Notes promising to pay the bearer on demand. As long as the public are willing to take...these Notes as gold, they produce the same effects as gold. The banker who makes advances to the agriculturist, the manufacturer, or the merchant, in... | |
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