The Theory and Practice of Banking: With the Elementary Principles of Currency, Prices, Credit, and Exchanges, Volume 1

Henry Dunning Macleod

Longman, Brown, Green, and Longmans, 1855

Aperçu du livre »

Pages sélectionnées

Page de titre

Table des matières

OF THE FIRST VOLUME PAGE INTRODUCTION	1

SECTION	2

Different causes that influence Price	8

SECTION	13

Rise in price of food usually causes a fall in wages	14

SECTION PAGE 19 Paper Currency is made to represent Metallic Currency	20

SECTION	21

CHAPTER I	22

Error of Mr Macculloch	86

The Ayr Bank	91

Meaning of Capital	95

True way of ascertaining whether paper is excessive or not 404	97

Opinion of Sir James Gibson Craig respecting	103

Depreciation of the coinage by Edward I and Edward III	107

Safeguards of this double system	109

72	123

Meaning of DIMINUTION IN VALUE 3 Meaning of DEBT	23

This evidence being made transferable is CURRENCY	24

Whence it derives its current value	25

Difference between Diminution in Value and Depreciation	26

Progress of improvement in Currency	27

Gold and silver the best metals for a Currency	28

Performs the same functions as a Paper Currency	29

exist without it	31

Progress in generality of Currency	32

Paper Currency is Security for Money	33

Illustration of Currency and Circulation	34

Gold and Silver derive their chief value from their fitness to form a Currency	35

Question debated by the Roman Lawyers	36

Enumeration of the different species of Currency	37

Trade in bullion of two descriptions	38

Objections to these views answered	39

Mr Thorntons views of Currency	41

Public Funds not Currency	42

Distinction between Bills or Notes and Stock	43

Illustration of difference between depreciation and diminution in value	44

Government Stock is convertible security 4 4	45

Reason for the necessity of a material Currency	46

In what sense the owner of Currency is wealthy	47

Further considerations regarding exchangeable value	48

Elements and formula of exchangeable value	49

What portion of industry is to be considered as wealth	50

SECTION	51

Wheat proposed as standard of value	53

Advantages and risks of this method	56

SECTION	58

Further consideration of fixed and floating Capital	59

Relative weights quantities and values of gold and silver	60

Leather and paper Currency in China	64

Examination of Mr Mills and Mr Maccullochs views	65

The greater the intrinsic value of an article the less difference	66

Error of interfering in prices	72

SECTION	74

SECTION	79

Fundamental fallacy of the doctrine that cost of production	80

Examination of the question whether Credit is Capital	85

73	124

CHAPTER III	134

Leather Currency of the Carthaginians	145

Act of 1773 respecting the coinage	163

Disadvantages of a Metallic Currency 30	164

65	170

Changes in the relative values of gold and silver	171

Errors on this subject	178

Cause why rate of Interest is usually higher in a new country	180

Possessions divided into WEALTH and RESOURCES	187

ON THE THEORY OF BANKING PROFITS OR THE MATHEMATICAL	189

10	196

Meaning of DISCOUNT	197

CHAPTER V	202

11	207

These bills discounted	220

60	239

The system is often carried to the length of swindling	245

CHAPTER II	251

92	261

The same continued	264

The opinion of Mr S J Loyd	267

CHAPTER VI	273

Difference in prices according to the state of the coinage	281

24	287

36	290

Difference of NOMINAL EXCHANGE and REAL EXCHANGE	294

Dealings between nations made up of the aggregate dealings	301

69	314

Different names of Currency given for different services	315

85	323

4	328

The same continued	332

Effects of inconvertible paper Currency on Foreign Exchange	333

CHAPTER VII	340

The Jewish Moneydealers	346

Banks uniting several qualities	367

Mr Lloyds opinion that deposits in a bank are not currency	419

APPENDIX	422

Autres éditions - Tout afficher

The Theory and Practice of Banking: With the Elementary Principles of ...
Henry Dunning Macleod
Affichage du livre entier - 1855

The Theory and Practice of Banking: with the elementary principles ..., Volume 1
Henry Dunning Macleod
Affichage du livre entier - 1866

The Theory and Practice of Banking: With the Elementary Principles of ...
Henry Dunning Macleod
Affichage du livre entier - 1855

Tout afficher »

Expressions et termes fréquents

abundant accommodation bills Adam Smith alteration amount ascer axiom bank notes Bank of England banker Bills of Exchange bullion called cause cent circulation circumstances coinage commerce commodities compound discount considerable considered cost of production debt demand depreciation diminution in value effect employed evidence exchangeable value export fixed capital floating capital foreign former gold and silver greater Hence Henry VIII idea increase industry interest issued land London market price means measure merchant metallic currency nations natural price necessary operations paid paper currency payment persons pound pound weight price of corn price of gold price of labor principle produce profits proportion purchase purpose quantity receive regulate rency rent represents rise Royal Mint sell seller shew shillings silver coin sovereign specie standard supply supply and demand suppose things tion trade transaction usually wages of labor wealth weight

Informations bibliographiques

Titre	The Theory and Practice of Banking: With the Elementary Principles of Currency, Prices, Credit, and Exchanges, Volume 1 Numéros 38698 à 38709 de 19th-century legal treatises Harvard pre-1920 social history/business preservation microfilm project Numéro 1 de The Nineteenth Century. General Collection The Theory and Practice of Banking: With the Elementary Principles of Currency, Prices, Credit, and Exchanges, Henry Dunning Macleod
Auteur	Henry Dunning Macleod
Éditeur	Longman, Brown, Green, and Longmans, 1855
Original provenant de	Université de Harvard
Numérisé	21 mai 2008

Exporter la citation	BiBTeX EndNote RefMan

À propos de Google Livres - Règles de confidentialité - Conditions d' utilisation - Informations destinées aux éditeurs - Signaler un problème - Aide - Accueil Google