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actual advance advantage amount average banks become called capital carried cause cent CHAPTER character circulation commodities condition consequence considerable consumption cost course create debt demand deposits desires direct dollars duties economical effect efforts employed England entire equal example exchange existing expense export extent fact fifty force foreign give gold greater hand human hundred illustration important income increase individual industry interest issued kind labor land laws less limited loans manufactures matter means millions mixed currency natural necessary never notes object operation paid persons political present principle production profits proportion protection question reason received regard rent result rise saving secure share society specie stocks suppose taxation thing thousand tion trade true twenty United wages wants wealth whole
Página 212 - The gold and silver money which circulates in any country may very properly be compared to a highway, which, while it circulates and carries to market all the grass and corn of the country, produces itself not a single pile of either.
Página 310 - Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as Little as possible, over and above what it brings into the public treasury of the state.
Página ix - ... they may be applied vary greatly in importance. I cannot claim for myself any peculiar qualifications for the work I have undertaken. Some twenty years of my early life were devoted to pursuits connected with the trade and manufacturing industry of the country, while a longer period has since been devoted to the study of the laws of wealth. A practical knowledge of business and banking affairs generally, and a most earnest and persistent search for the truth in all matters appertaining to my...
Página 244 - Sixty days after sight of this first of exchange (second and third unpaid), pay to the order of ourselves £1,600. sterling value received, and charge the same to account of as advised. "Dana Land and Lumber Company. "To Messrs. Geo. Shadbolt & Son, London.
Página 372 - This principle that the earth belongs to the living and not to the dead is of very extensive application and consequences in every country, and most especially in France. It enters into the resolution of the questions Whether the nation may change the descent of lands holden in tail? Whether they may change the appropriation of lands given...
Página 333 - The polls and any portion of the estates of persons who, by reason of age, infirmity and poverty, are, in the judgment of the assessors, unable to" contribute fully towards the public charges.
Página 212 - The judicious operations of banking, by providing, if I may be allowed so violent a metaphor, a sort of...
Página 212 - 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. The commerce and industry of the country, however...
Página 4 - Economy seems in this respect plainly to belong to the same class of sciences with Mechanics, Astronomy, Optics, Chemistry, Electricity, and, in general, all those physical sciences which have reached the deductive stage. Its premises are not arbitrary figments of the mind, formed without reference to concrete existences, like those of Mathematics ; nor are its conclusions mere generalized statements of observed facts, like those of the purely inductive natural sciences.