Three Lectures on the Cost of Obtaining Money: And on Some Effects of Private and Government Paper Money : Delivered Before the University of Oxford, in Trinity Term, 1829, Band 28
J. Murray, 1830 - 103 Seiten
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Three Lectures on the Cost of Obtaining Money and Some Effects of Private ...
Nassau William Senior
Keine Leseprobe verfügbar - 2008
Three Lectures on the Cost of Obtaining Money: And on Some Effects of ...
Nassau William Senior,William Clowes,John Murray
Keine Leseprobe verfügbar - 2015
advantage afford amount appear average bank benefit bullion called capital capitalist cause coin commerce commodities consequences consider consumed continue corn cost course currency demand depends diminished direct effect employed enable England English equal evil exchange existing expense export extent fact fall favour five force foreign former France French fund give given gold greater hundred importation improvement income increase individual industry Ireland issue labour land landlord laws Lecture less livres loss machinery maintained manufacturer means millions natural necessary nominal notes obtained occasion ounces paid payment period persons political population portion pounds precious metals present principles probably produce profit prohibited proportion purchase quantity raise received remain rent restrictions rise sell silk silver subsistence supply supposed theory things tion trade wages wealth whole worth
Seite 79 - That freedom from restraint is calculated to give the utmost extension to foreign trade, and the best direction to the capital and industry of the country. That the maxim of buying in the cheapest market, and selling in the dearest, which regulates every merchant in his individual dealings, is strictly applicable as the best rule for the trade of the whole nation.
Seite 86 - ... excess of such duties as are partly for the purpose of revenue, and partly for that of protection,— that the prayer of the present Petition is respectfully submitted to the wisdom of Parliament. " Your Petitioners therefore humbly pray, that your honourable House will be pleased to take the subject into consideration, and to adopt such measures as may be calculated to give greater freedom to foreign commerce, and thereby to increase the resources of the State.
Seite 80 - That the prevailing prejudices in favour of the protective or restrictive system, may be traced to the erroneous supposition that every importation of foreign commodities occasions a diminution or discouragement of our own productions to the same extent; whereas it may be clearly shown, that although the particular description of production which could not stand against unrestrained foreign competition would be discouraged, yet as no importation could be continued for any length of time without a...
Seite 2 - It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy.
Seite 23 - The judicious operations of banking, by providing, if I may be allowed so violent a metaphor, a sort of wagon-way through the air, enable the country to convert, as it were, a great part of its highways into good pastures and cornfields, and thereby to increase very considerably the annual produce of its land and labor.
Seite 39 - ... the extent of the fund for the maintenance of labourers, compared with the number of labourers to be maintained.
Seite 80 - Government of this and of every other country ; each trying to exclude the productions of other countries, with the specious and well-meant design of encouraging its own productions...
Seite 15 - The mine worked by England is the general market of the world : the miners are those who produce those commodities by the exportation of which the precious metals are obtained...
Seite 101 - Wages are to be estimated by their real value, viz. by the quantity of labour and capital employed in producing them, and not by their nominal value either in coats, hats, money, or corn. Under the circumstances I have just supposed, commodities would have fallen to half their former value, and if money had not varied, to half their former price also.