The Works of Walter Bagehot ..., Volume 5

able abstract Adam Smith amount augment Bank directors Bank of England Bank of France bankers Banking Department banking reserve bill-brokers bills borrow bullion capital capitalist cash causes cent circulation coin coinage commerce commodities consequence currency deal dealers demand deposit banking deposits depreciation of silver difficulty diminish discount doubt Economist effect employment English equal evil exchange export fact foreign gold Governor greater important increase India industry joint-stock banks keep labor land Latin Union legal tender lend less liabilities loans Lombard Street London Lord Overstone means ment merchants metal mind money market nations nature never obtain paid panic payments persons political economy present price of silver principle probably produce profit quantity reason Ricardo rise rupees securities sell society sovereign supply theory things tion trade transactions wealth whole