Coin at School in Finance

Εξώφυλλο
W.B. Conkey Company, 1895 - 182 σελίδες

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Άλλες εκδόσεις - Προβολή όλων

Συχνά εμφανιζόμενοι όροι και φράσεις

Δημοφιλή αποσπάσματα

Σελίδα 125 - There are some political evils which are seen as soon as they are dangerous, and which alarm at once as well the people as the Government. Wars and invasions, therefore, are not always the most certain destroyers of national prosperity. They come in no questionable shape. They announce their own approach, and the general safety is preserved by the general alarm. Not so with the evils of a debased coin, a depreciated paper currency, or a depressed and falling public credit. Not so with the plausible...
Σελίδα 76 - The unit or dollar is a known coin and the most familiar of all to the mind, of the people. It is already adopted from South to North, has identified our currency and therefore happily offers itself as a Unit already introduced.
Σελίδα 161 - Liverpool, occurred in England in the reign of James I. and subsequently. Gold being estimated too low at the mint, compared with silver, was freely exported, which caused incessant complaints. To remedy this evil, King James raised the value of gold in his coins, by successive proclamations; but he at last raised it too high, and, during the remainder of his reign, and that of Charles I. the silver coins were exported until the complaints were as great for want of silver as they had been before...
Σελίδα 77 - Just principles will lead us to disregard legal proportions altogether ; to inquire into the market price of gold in the several countries with which we shall principally be connected in commerce, and to take an average from them.
Σελίδα 77 - Our public debt, our requisitions, and their appointments, have given it actual and long possession of the place of Unit. The course of our commerce, too, will bring us more of this than of any other foreign coin. and. therefore, renders it more worthy of attention.
Σελίδα 73 - There is scarcely any point in the economy of national affairs of greater moment than the uniform preservation of the intrinsic value of the money unit. On this the security and steady value of property essentially depend.
Σελίδα 84 - Among the evils attendant on such an operation, are these : creditors, both of the public and of individuals, would lose a part of their property ; public and private credit would receive a wound ; the effective revenues of the government would be diminished. There is scarcely any point iu the economy of national affairs, of greater moment than the uniform preservation of the intrinsic value of the money unit.
Σελίδα 77 - Unit which can be proposed in competition with the dollar, but the pound: But what is the pound? 1547 grains of fine silver in Georgia: 1289 grains in Virginia, Connecticut, Rhode Island, Massachusetts and New Hampshire; 1031J4 grains in Maryland, Delaware, Pennsylvania and New Jersey; 966% grains in North Carolina and New York.
Σελίδα 76 - The various coins, which have circulated in America, have undergone different changes in their value, so that there is hardly any which can be considered as a general standard, unless it be Spanish dollars.
Σελίδα 120 - ... silver. It seems very clear, from these facts, to which many others of later date might be added, that, however exactly the proper equilibrium of values of gold and silver may be adjusted at the mint, the balance is liable to be disturbed by causes which can neither be anticipated nor controlled by political power.

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