A View of the Money System of England, from the Conquest: With Proposals for Establishing a Secure and Equable Credit Currency, 第 27 卷

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J. Taylor, 1828 - 194 頁
 

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第 120 頁 - ... distress such limitation may be attended to individuals or the community at large, they feel it their bounden and imperious duty to state their sentiments thus explicitly, in the first instance to his Majesty's Ministers, on this subject, that a tacit consent and concurrence at this juncture may not, at some future period, be construed into a previous implied sanction on their part, of a system which they cannot but consider fraught with very great uncertainty and risk.
第 157 頁 - What is become of it all? no body believes it to be in the Nation, and it cannot well be all transported, the Penalties for so doing being so great. The case is plain, it not being exported, as I verily believe little of it is, the Melting-Pot devours all.
第 125 頁 - If 100,000 loaves were sold every day in London, and the supply should all at once be reduced to 50,000 per day, can any one doubt but that the price of each loaf would be considerably more than doubled? The rich would continue to consume precisely the same number of loaves, although the price was tripled or quadrupled.
第 121 頁 - ... with the Continent; and how far the alterations thus produced are temporary or permanent; and to what extent, and in what degree, they operate. It was the design of the Directors, in pursuance of the beforementioned two Measures, to take advantage of every circumstance which could /enable the Bank to extend its purchases of Bullion, as far as a legitimate consideration of the ordinary wants of the Nation, for a sufficient Currency, could possibly warrant. Beyond this point, they do not consider...
第 119 頁 - Is. per ounce, and when there is great distress from the stagnation of commerce, and the fall of prices of imported articles. It must be obvious to his Majesty's Ministers, that as long as such a state of things shall last, or one in any degree similar, without either considerable improvement on one side, or growing worse on the other, the Bank, acting as it does at present, and keeping its issues nearly at the present level, could not venture to return to cash payments with any probability of benefit...
第 157 頁 - If this proposal had been acceded to, the Bank would itself have determined the price at which it should have sold gold from time to time to the public, because by extending or curtailing their issues, they had the power to make the price of gold just what they pleased, 4A or 101.
第 75 頁 - ... money, of the late three former princes : and what supply is preparing for it, my lords? I hear of none, unless it be of copper farthings ; and this is the metal that is to vindicate, according to the inscription on it, the dominion of the four seas.
第 109 頁 - In this manner, a general rise of all prices, a rise in the market price of gold, and a fall of the foreign exchanges, will be the effect of an excessive quantity of circulating medium in a country which has adopted a currency, not exportable to other countries, or not convertible at will into a coin which is exportable.

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