But this paper money may, and does increase, without any increase of trade, nay often when it greatly declines, for it is not the measure of the trade of the nation, but of the necessity of its government ; and it is absurd, and must be ruinous, that... Money - Seite 31von James Platt - 1880 - 208 SeitenVollansicht - Über dieses Buch
| William Cobbett - 1834 - 446 Seiten
...IT IS NOT THE MEASURE OF THE TRADE OF ITS NATION, BUT OF THE NECESSITY OF ITS GOVERNMENT ; and it ii absurd, and must be ruinous, that the same cause which...Nation, should likewise be the only productive cause of money."— BURKE. Review of the Ground over which we have passed in the foregoing Letters — Opening... | |
| William Cobbett - 1834 - 456 Seiten
...OF THE TRADE OF ITS NATION, BUT OF THE NECESSITY OF ITS GOVERNMENT i and it is absurd, and must tie ruinous, that the same cause which naturally exhausts...Nation, should likewise be the only productive cause of money. "—BURKE. Review of the Ground over which we have passed in the foregoing Letters — Opening... | |
| Edmund Burke - 1839 - 716 Seiten
...declines, for it is not the measure of the trade of the nation, but of the necessity of its government ; and it is absurd, and must be ruinous, that the same...nation, should likewise be the only productive cause of money. The currency of our plantations must not be set upon a level with the funds in England. For... | |
| William Cobbett - 1846 - 446 Seiten
...THE MEASURE OF THE TRADE OF ITS NATION, BUT OF THE NECESSITY OF 1 1'S GOVERNMENT ; and it is absuitl, and must be ruinous, that the same cause which naturally...Nation, should likewise be the only productive cause of money."— BURKE. Review of the Ground over which we have passed in the foregoing Letters — Opening... | |
| 1860 - 796 Seiten
..."paper money is not the measure of the trade of its nation, but of the necessity of its government, and it is absurd, and must be ruinous, that the same...nation, should likewise be the only productive cause of money." Is it wisdom to shut our eyes to the results of such means of supplying a circulating medium... | |
| Francis Amasa Walker - 1878 - 578 Seiten
...its government, and it is absurd and must be ruinous, that the same course which naturally exhattftts the wealth of a nation, should likewise be the only productive cause of money." "There has never been a government yet," says Prof. Perry, in his " Elements of Political Economy,"... | |
| Francis Amasa Walker - 1879 - 356 Seiten
...declines, for it is not the measure of the trade of a nation, but of the necessity of its government ; and it is absurd, and must be ruinous, that the same...nation should likewise be the only productive cause of money." "In great and trying emergencies," wrote Hamilton, " there is almost a moral certainty of its... | |
| Francis Amasa Walker - 1879 - 366 Seiten
...declines, for it is not the measure of the trade of a nation, but of the necessity of its government ; and it is absurd, and must be ruinous, that the same...of a nation should likewise be the only productive cause1 of money." "In great and trying emergencies," wrote Hamilton, "there is almost a moral certainty... | |
| James Platt - 1883 - 538 Seiten
...providence of a nation, but of its necessities ; and it is absurd, and must be ruinous, that the samo cause which naturally exhausts the wealth of a nation...a transferable promissory note, he would retain a representative of his money, although he had parted with the reality. I know no better way of explaining... | |
| Francis Amasa Walker - 1883 - 506 Seiten
...the measure of the trade of the nation, but of the necessity of the government ; and it is absimland must be ruinous, that the same cause which naturally...nation should likewise be the only productive cause of money."* The two most marked instances of continence in the issue of irredeemable paper are those afforded... | |
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