 The effective currency of a country depends upon the quickness of circulation, and the number of exchanges performed in a given time, as well as upon its numerical amount ; and all the circumstances which have a tendency to quicken or to retard the rate...  Annual Register - Page 365edited by - 1825Full view - About this book
 | Carl Heinrich Christophelsmeier - France - 1909 - 408 pages
...its numerical amount ; and all the circumstances which have a tendency to quicken or retard the work' of circulation render the same amount of currency more or less adequate to the amount of trade. A much smaller amount is required in a high state of public credit than when alarms... | |
 | Myron Harmon Swenk - Bees - 1912 - 494 pages
...well as upon its numerical amount ; and all the circumstances, which have a tendency to quicken or retard the rate of circulation, render the same amount of currency more or less adequate to the amount of trade. A much smaller amount is required in a high state of public credit, than when alarms... | |
 | William George Langworthy Taylor - Credit - 1913 - 448 pages
...well as upon its numerical amount ; and all the circumstances, which have a tendency to quicken or retard the rate of circulation, render the same amount of currency more or less adequate to the amount of trade. A much smaller amount is required in a high state of public credit, than when alarms... | |
 | Hashmatrai Lekhraj Chablani - Currency question - 1925 - 202 pages
...performed in a given time, as well as upon its numerical amount ; and all the circumstances, which have a tendency to quicken or to retard the rate of circulation,...currency more or less adequate to the wants of trade.' 1 If a coin circulates three times instead of once, it performs the exchange-work which three coins... | |
 | Banks and banking - 1848 - 1086 pages
...performed in a given time, as well as upon it* numerical amount ; and all the circumstances which have a tendency to quicken or to retard the rate of circulation...and provide against accidents by hoarding ; and in a perio<lo; commercial security and private confidence, than when mutual mistrust ilicourages pecuniary... | |
 | William G. Sumner - Antiques & Collectibles - 2000 - 410 pages
...performed in a given time, as well as upon its numerical amount ; and all the circumstances, which have a tendency to quicken or to retard the rate of circulation,...amount is required in a high state of public credit, thm when alarms make individuals call in their advances, and provide against accidents by hoarding... | |
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