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" The substitution of paper in the room of gold and silver money, replaces a very expensive instrument of commerce with one much less costly, and sometimes equally convenient. Circulation comes to be carried on by a new wheel, which it costs less both to... "
Thoughts on Currency and the Means of Promoting National Prosperity by the ... - 第 60 頁
Sir John Sinclair 著 - 1829 - 136 頁
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Money

Charles Moran - 1863 - 240 頁
...instrument to facilitate the exchanges of commodities and services can be made. Adam Smith said : " The substitution of paper in the room of gold and silver...instrument of commerce with one much less costly and sometimes equally convenient. Circulation comes to be carried on by a new wheel, which it costs less...
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Money

Charles Moran - 1863 - 232 頁
...instrument to facilitate the exchaDges of commodities and services can be made. Adam Smith said : " The substitution of paper in the room of gold and silver...instrument of commerce with one much less costly and sometimes equally convenient. Circulation comes to be carried on by a new wheel, which it costs less...
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Manual of Social Science: Being a Condensation of the "Principles of Social ...

Henry Charles Carey - 1866 - 594 頁
...collecting and supporting that part of the capital which consists in money is an improvement ;" that " the substitution of paper in the room of gold and silver money replaces a very expensive instrument with one less costly and equally convenient;" that "by this operation £20,000 in gold and silver perform...
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A Practical Treatise on Banking, Currency, and the Exchanges

Arthur Crump - 1866 - 286 頁
...dependencies. But, on the other hand, as Adam Smith truly remarks, ' the substitution of paper for gold money replaces a very expensive instrument of commerce with one much less costly, and sometimes equally convenient — a new wheel comes into operation which is both cheaper to erect and...
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The Bank of England: And the Organisation of Credit in England

Charles Tennant - 1866 - 894 頁
...of land and labor, the real revenue of every society. That, the substitution of paper money for gold money, replaces a very expensive instrument of commerce with one much less costly, and within certain limits, under certain regulations, equally convenient. That, within proper limits and...
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An Inquiry into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - 1869 - 576 頁
...revenue of every society. The substitution of paper in the room of gold and silver money .re'placeT a very expensive instrument of commerce with one much .less costly, and sometimes equally convenient. Circulation comes to be carried on by a new wheel, which it costs less...
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Manual of Social Science: Being a Condensation of the "Principles of Social ...

Henry Charles Carey, Kate McLean - 1872 - 584 頁
...collecting and supporting that part of the capital which consists in money is an improvement ;" that " the substitution of paper in the room of gold and silver money replaces a very expensive instrument with one less costly and equally convenient;" that "by this operation £20,000 in gold and silver perform...
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An inquiry into the nature and causes of the wealth of nations. A careful ...

Adam Smith - 1875 - 808 頁
...motion, and consequently the annual produce of land and labour, the real revenue of every society. The substitution of paper in the room of gold and silver...instrument of commerce with one much less costly, and sometimes equally convenient. Circulation comes to be carried on by a new wheel, which it costs less...
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Money and Its Laws: Embracing a History of Monetary Theories, and a History ...

Henry Varnum Poor - 1877 - 668 頁
...motion, and consequently the annual produce of the land and labor, — the real revenue of society. The substitution of paper in the room of gold and silver...instrument of commerce with one much less costly, and sometimes equally convenient. Circulation comes to be carried on by a new wheel, which it costs less...
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Money and Its Laws: Embracing a History of Monetary Theories, and a History ...

Henry Varnum Poor - 1877 - 704 頁
...motion, and consequently the annual produce of the land and labor, — the real revenue of society. The substitution of paper in the room of gold and silver...instrument of commerce with one much less costly, and sometimes equally convenient. Circulation comes to be carried on by a new wheel, which it costs less...
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