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" By issuing too great a quantity of paper, of which the excess was continually returning, in order to be exchanged for gold and silver, the Bank of England was for many years together obliged to coin gold to the extent of between eight hundred thousand... "
Currency fallacies refuted, and paper money vindicated, by the author of An ... - Страница 62
по John Taylor - 1833 - 80 страници
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Том 1

Adam Smith - 1789
...paper, of which the excefs was continually returning, in order to be exchanged for gold and filver, the bank of England was for many years together obliged to coin gold to the extent of between eight hundred thoufand pounds and a million a • year ; or at an average, about eight hundred and...

An Enquiry Into the Nature and Effects of the Paper Credit of Great Britain

Henry Thornton - 1802 - 320 страници
...which would circulate if there were no *' paper," proceeds to observe, that the Bank of England, " by issuing too great a quantity of *{ paper, of which...returning, in order to be exchanged for gold and " silver, was, for many years together,, obliged to " coin gold to the extent of between eight htm** dred thousand...

An inquiry [&c.].

Henry Thornton - 1807
...excessive issue of paper to create an excess of the market price above the mint price of gold.* • " By issuing too great a quantity of paper, of which...obliged to coin gold "•" to the extent of between eight hundred thousand pounds and a million " a year. For this great coinage the bank (in consequence...

An Inquiry Into the Nature and Causes of the Wealth of Nations, Том 2

Adam Smith - 1811
...intcrest,and the circulation has frequently been overstocked with paper money. By issuing too great aquantity of paper, of which the excess was continually returning,...together obliged to coin gold to the extent of between eight hundred thousand po unds and a million a year ; or, at an average,about eight hundred and fifty...

The Works of Adam Smith, LL.D. and F.R.S. of London and Edinburgh:: The ...

Adam Smith - 1812
...paper, of which the excefs was continually returning, in order to be exchanged for gold and filver, the bank of England was for many years together obliged to coin gold to the extent of between eight hundred thoufand pounds and a million a year ; or at an average, about eight hundred and fifty...

The Works of Adam Smith: The nature and causes of the wealth of nations

Adam Smith - 1812
...paper, of which the excefs was continually returning, in order to be exchanged for gold and filver, the bank of England was for many years together obliged to coin gold to the extent of between eight hundred thoufand pounds and a million a year ; or at an average, about eight hundred and fifty...

On the Principles of Political Economy, and Taxation

David Ricardo - 1821 - 538 страници
...every rise in the price of goods. . " By issuing too great a quantity of paper," says Dr. Smith, " of which the excess was continually returning, in...together, obliged to coin gold to the extent of between eight hundred thousand pounds and a million a-year, or at an average, about eight hundred and fifty...

Encyclopaedia Britannica; Or A Dictionary of Arts, Sciences, and ..., Том 1

1824
...have disagreed as to the cause of the high price of gold previous to the recoinage. Dr Smith says, " By issuing too great a quantity of paper, of which...together obliged to coin gold to the extent of between eight hundred thousand and a million a year ; or, at an average, about eight hundred and fifty thousand...

The New-York Review, and Atheneum Magazine, Том 1

William Cullen Bryant, Robert Charles Sands, Henry J. Anderson - 1825
...exchangeable at pleasure for gold, and to an inconvertible currency. " By issuing," says Adam Smith, " too great a quantity of paper, of which the excess...together, obliged to coin gold to the extent of between eight hundred thousand and a million a year." The bank " was frequently obliged to purchase gold bullion...

An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - 1838 - 429 страници
...its own particular interest, and the circulation has frequently been overstocked with paper money. By issuing too great a quantity of paper, of which...order to be exchanged for gold and silver, the Bank of Kngland was for many years toget' er obliged to coin gold to the extent of between eight hundred thousand...




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