 | Adam Smith - 1811 - 532 pages
...within that country. Should the circulating paper at any time exceed that sum, as the excess could neither be sent abroad nor be employed in the circulation of the country,it must immediately return upon the banks, to be exchanged for gold and silver. Many people... | |
 | Alexander Mundell - 1825 - 244 pages
...there was no paper money. Should the circulating paper at any time exceed that sum, as the excess could neither be sent abroad nor be employed in the circulation...upon the banks to be exchanged for gold and silver." * the country by means of the non-issue of 11. notes, bears a very small proportion compared to the... | |
 | Alexander Mundell - Great Britain - 1834 - 350 pages
...in that country. Should the circu" lating paper at any time exceed that sum, as the excess " cduld neither be sent abroad, nor be employed in the " circulation...upon the banks to be exchanged for gold and silver. " Many people would immediately perceive, that they had " more of this paper than was necessary for... | |
 | Banks and banking - 1850 - 916 pages
...within that country. Should the circulating paper at any time exceed that sum, as the excess could neither be sent abroad nor be employed in the circulation...upon the banks to be exchanged for gold and silver. Many people would immediately perceive that they had more of this paper than was necessary for transacting... | |
 | Adam Smith - Economics - 1852 - 476 pages
...within that country. Should the circulating paper at any time exceed that sum, as the excess could neither be sent abroad nor be employed in the circulation...upon the banks, to be exchanged for gold and silver. Many people would immediately perceive that they had more of this paper than was necessary for transacting... | |
 | Henry Nicholas Sealy - Banks and banking - 1858 - 488 pages
...was no paper money. " Should the circulating paper at any time exceed that sum, as the excess could neither be sent abroad nor be employed in the circulation...upon the banks to be exchanged for gold and silver. " When this superfluous paper was converted into gold and silver they could easily find a use for it,... | |
 | William Buck Dana - Commerce - 1862 - 618 pages
...commerce being supposed the same) would circulate there if there was no paper money." * * * excess could neither be sent abroad nor be employed in the circulation...the example of JOHN LAW'S banking in France to refer to—sixty years in history, before he wrote his " Wealth of Nations." It is a thorough refutation... | |
 | Charles Tennant - Banks and banking - 1866 - 894 pages
...paper money, or other substitute. Should the circulating paper exceed that sum, as the excess could neither be sent abroad nor be employed in the circulation...of the country, it must immediately return upon the Bank to be exchanged for gold. When this superfluous paper was converted into gold, the owners could... | |
 | Adam Smith - 1875 - 808 pages
...within that country. Should the circulating paper at any time exceed that sum, as the excess could neither be sent abroad nor be employed in the circulation...upon the banks to be exchanged for gold and silver. Many people would immediately perceive that they had more of this paper than was necessary for transacting... | |
 | Richard Hildebrand - Money - 1883 - 162 pages
...Vgl. B. II. Ch. II.: ,,Should the circulating paper at any time exceed that sum, as the excess could neither be sent abroad nor be employed in the circulation...upon the banks to be exchanged for gold and silver. Many people would immediately perceive that they had more of this paper than was necessary for tranacting... | |
| |
Should the circulating paper at any time exceed that sum, as the excess could neither be sent abroad nor be employed in the circulation of the country, it must immediately return upon the banks to be exchanged for gold and silver. 
