 | David Ricardo - 2005 - 372 страници
...coin at £3 17 s. lO'/arf. an ounce, losing in this manner between two and a half and three percent upon the coinage of so very large a sum. Though the...did not prevent altogether the expense of the Bank." On the principle above stated, it appears to me most clear that by not reissuing the paper thus brought... | |
 | Michael Lewis - 2007 - 1476 страници
...the bank, therefore, paid no seignorage, though the government was properly at the expense of this . Scotch banks, in consequence of an excess of the same kind, were all obliged to employ constantly agents... | |
 | David Ricardo, John Ramsay McCulloch - 2000 - 636 страници
...and a half and three per cent, upon the coinage of so very large a sum. Though the bank, thereAre, paid no seignorage, though the Government was properly...did not prevent altogether the expense of the Bank." On the principle above stated, it appears to me most clear, that by not re-issuing the paper thus brought... | |
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... an ounce, losing in this manner between two and a half and three per cent upon the coinage of so very large a sum. Though the bank therefore paid no seignorage, though the government was properly at the expense of the coinage, this liberality of government... 
