Manual of Political Economy |
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Page v
... silver has taken place , and so many important consequences have been thereby produced , that I have thought it desirable to insert a new chapter on The Depreciation of Silver . The circumstances which determine the value of gold and silver ...
... silver has taken place , and so many important consequences have been thereby produced , that I have thought it desirable to insert a new chapter on The Depreciation of Silver . The circumstances which determine the value of gold and silver ...
Page xx
... silver which is used for other purposes besides being coined into money is comparatively small , and therefore the quantity of gold required for such purposes does not vary greatly -- Gold and silver have always possessed an intrinsic ...
... silver which is used for other purposes besides being coined into money is comparatively small , and therefore the quantity of gold required for such purposes does not vary greatly -- Gold and silver have always possessed an intrinsic ...
Page xxiii
... silver - England is to a great extent the emporium of gold ; a great portion of the gold which is produced in Australia , Cali- fornia , & c . , is in the first instance sent to her , and then distributed by her to the various countries ...
... silver - England is to a great extent the emporium of gold ; a great portion of the gold which is produced in Australia , Cali- fornia , & c . , is in the first instance sent to her , and then distributed by her to the various countries ...
Page xxv
... silver are valuable commodities - No effect is exerted on prices by bank - notes , if they simply occupy the place of a corre- sponding amount of money - General prices are advanced by a bank- note circulation if bank - notes are added ...
... silver are valuable commodities - No effect is exerted on prices by bank - notes , if they simply occupy the place of a corre- sponding amount of money - General prices are advanced by a bank- note circulation if bank - notes are added ...
Page xxvii
... Silver . The annual supply of gold was trebled by the discoveries in Australia and California - The expectation that this increased supply would cause a great fall in the value of gold has not been fulfilled - There has only been a ...
... Silver . The annual supply of gold was trebled by the discoveries in Australia and California - The expectation that this increased supply would cause a great fall in the value of gold has not been fulfilled - There has only been a ...
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Common terms and phrases
Adam Smith advantages agricultural produce American civil war annually Australia bank notes Bank of England bills bills of exchange BOOK cause cent chapter circulating capital circulation circumstances classes coal commodities consequently considerable cooperative cotton creased Crown 8vo cultivation demand depreciation diminished duction Edition effect employed employers England English exchange exerted export farm farmer fcap foreign France greater important improvements income income-tax increased India individual influence instance invested iron labour and capital land landlord laws less levied loan machinery manufactured ment metayer nation obtained paid particular pauperism peasant political economy population portion possess precious metals principle production of wealth proprietors purchase quantity rate of interest rate of profit realised regard remarked remuneration rent revenue rise sacks of wheat saved silver society sumer supply supposed taxation tenant tion trade value of gold wage-fund wages workmen
Popular passages
Page 519 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities ; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Page 519 - The tax which each individual is bound to pay ought to be certain, and not arbitrary. The time of payment, the manner of payment, the quantity to be paid, ought all to be clear and plain to the contributor, and to every other person.
Page 520 - Thirdly, by the forfeitures and other penalties which those unfortunate individuals incur who attempt unsuccessfully to evade the tax, it may frequently ruin them, and thereby put an end to the benefit which the community might have received from the employment of their capitals.
Page 182 - Give a man the secure possession of a bleak rock, and he will turn it into a garden ; give him a nine years lease of a garden, and he will convert it into a desert.
Page 551 - Every tax ought to be levied at the time, or in the manner in which it is most likely to be convenient for the contributor to pay it.