The Theory and Practice of Banking: With the Elementary Principles of Currency; Prices; Credit; and Exchanges

Couverture
Longmans, Green, Reader, and Dyer, 1855
 

Pages sélectionnées

Table des matières

Value depends upon circumstances
26
SECTION
30
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
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
Quantity of Currency representing the debt and the debt have an exchangeable value
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
Foundation of the Royal Bank
53
Wages of labour proposed but equally incorrect
56
SECTION
58
Useful to the humbler classes
59
Legal Currency of both metals liable to derangement
62
Further illustration of this distinction
64
Conclusion to be deduced from influx or efflux of Bullion
65
Increase or diminution of Capital
70
SECTION
74
SECTION
79
Value may diminish as cost of production increases
92
The same continued
101
PAGE
107
Ready method of transmitting money
115
66
119
SECTION
132
Progress of the public mind respecting Copyright
134
Disgraceful state of the silver coinage in 1694
148
The Kings speech
159
Gold and silver the best metals for a Currency
164
CHAPTER IV
173
CHAPTER II
180
ON THE THEORY OF BANKING PROFITS OR THE MATHEMATICAL
189
Remedy applicable
247
But requires some limitation
251
Banks have Bills of Exchange payable to bearer on demand called Cheques
252
Basis of credit of Notes and Cheques
253
Error in supposing that London Bankers do not deal in paper 254 currency
254
It is impossible to estimate the paper currency of this country
255
Error of Mr Thornton
257
Bankers Notes are Banking Capital
258
Double nature of Banking Credit
259
Meaning of Capital
260
BANKING CREDIT IS BANKING CAPITAL
261
MERCANTILE CREDIT IS MERCANTILE CAPITAL
262
Desideratum in Banking
263
Bills of Lading not currency
264
The opinion of Mr Cobden
265
The opinion of Mr J B Smith
266
The opinion of Mr S J Loyd
267
Reply to Mr Cobdens view
268
Reductio ad absurdum of Mr Loyds opinion
269
The same continued
271
Mr Loyds criterion of a currency adopted and proved to confirm the definition of a currency proposed in this work that it is the representative of tra...
272
ON THE THEORY OF THE EXCHANGES
273
state of the currency
279
While market price of gold exceeds Mint price no bullion
283
Mint price of gold is 3 17s 10 d per
285
33
293
Adam Smith on the mercantile system
299
Advantage of variety of products
306
Desirable to discontinue the phrase Balance of Trade
315
Unprofitable nature of the disturbances of the Exchange
321
The arbitration of Exchange
327
Effects of inconvertible paper Currency on Foreign Exchange
333
CHAPTER VII
340
The Romans used bills of exchange to a certain extent
351
Christendom
358
124
361
Bank of England would have combined the qualities of
367
Issues of notes is equivalent to an anticipation of deposits
386
Evil consequences of this to the Scotch banks
397
Great fallacy of this description
404
Small quantity of paper currency in circulation
416
APPENDIX
422

Autres éditions - Tout afficher

The Theory and Practice of Banking: With the Elementary Principles ..., Volume 1
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
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Expressions et termes fréquents

abundant accommodation bills Adam Smith alteration amount axiom bank notes Bank of England banker Bills of Exchange bullion called cause cent circulation circumstances coinage commerce commodities considerable considered cost of production debt demand depreciation diminution in value duction effect employed England evidence exchangeable value fixed capital floating capital former gold and silver greater Hence Henry VIII ideas increase industry interest land market price market value means merchant metallic currency nations natural price necessary necessity operation paid paper currency persons pound pound weight price of corn price of food price of labor principle produce profits proportion purchase purpose quantity raised receive regulate rent represents rise Royal Mint scarcely sell seller service rendered shew shillings ship silver coin sovereign species standard supply supply and demand things tion trade transaction usually wages of labor wealth weight workmen

Informations bibliographiques

TitreThe Theory and Practice of Banking: With the Elementary Principles of Currency; Prices; Credit; and Exchanges
Volume 1 de The Theory and Practice of Banking, Henry Dunning Macleod
Volume 1 de The Theory and Practice of Banking: with the Elementary Principles of Currency, Prices, Credit, and Exchanges, Henry Dunning Macleod
AuteurHenry Dunning Macleod
ÉditeurLongmans, Green, Reader, and Dyer, 1855
Original provenant dela bibliothèque de l'État de Bavière
Numérisé29 avr. 2009
  
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