栗子网
www.lizi.tw小说站
www.xsz.tw栗子小说 m.lizi.twquantityofhesapieces,byarerapidcirculation,
servingastheinstruntofnyrepurchasesoftheonekind
thanoftheother.
paperneyybesulatedaseithertoself
verychtothecirculatiohedifferentdealers,orto
extenditselflikeoagreatpartofthatbethe
dealersandthensurs.esarecirculated
uenpoundsvalue,asinlondon,paperneyself
verychtothecirculatiohedealers.en
poundbankothehandsofansur,heis
generallyobligedtogeitatthefirstshopwherehehas
occasiontopurchasefiveshillingshofgoods,sothatit
ofteusintothehandsofadealerbeforethensurhas
speiethpartoftheney.esareissued
forsosllsuastyshillings,asinstland,paper
endsitselftoansiderablepartofthecirculation
beters.beforetheaent,
astoptothecirculationoftenandfiveshilling
filledastillgreaterpartofthatcirculation.inthe
erica,papernlyissuedforso
sllasusashilling,andfilledalstthehat
epapercurrenciesofyorkshire,itwasissued
evenforsosllasusasixpence.
allsuis
allonlypractised,nyanpeoplearebothenabled
andenuragedtobeebankers.apersonissorynote
forfivepounds,orevenfortyshillings,ed
byeverybody,ittobereceivedhoutscruple
isissuedforsosllasusasixpethefrequent
bankruptay
oetisevena
verygreatcalatytonypoorpeopleheir
notesinpaynt.
itter,perhaps,thatnobanknoteswereissuedin
anypartofthekingdoorasllersuhanfivepounds.paper
neyhen,probably,self,ineverypartofthe
kingdotothecirculatiohedifferentdealers,as
chasitdoesatpresentinlondon,esare
issueduenpoundsvalue;fivepoundsbeing,instparts
ofthekingdoasure
thanhalfthequantityofgoods,isassidered,andisas
seldopentallatonidsttheprofuse
expenseoflondon.
oistobeobserved,isprettych
hecirculatio
london,thereisalyofgoldandsilver.
extendsitselftoansiderablepartofthecirculatioween
dealersandnsurs,asinstland,andstillreinnorth
ariostentirelyfrohe
untry;alstalltheordinarytransasofitsinterior
rcebeingthuscarriedonbypaper.thesuppressionoften
andfiveshillingbanknotessorelievedthescarcityoldandsilverinstland;andthesuppressionofty
shillingnotesore.thosetals
aresaidtohavebeereabundantinaricethe
suppressionofsooftheirpapercurreheyaresaid,
likeoreabundantbeforetheinstitutionof
thosecurrencies.
thoughpaperneyshouldbeprettyfihe
circulatiobanksandbankers
ghtstillbeabletogivenearlythesaassistahe
industryaheuntryastheyhaddonewhenpaper
neyfilledalsttheoneyh
adealerisobligedtokeepbyhiforanscasional
dends,isdestiogetherforthecirculatioween
hielfandotherdealersofhebuysgoods.hehasno
oforthecirculatioself
andthensurs,ers,andwhready
ohiinsteadoftakinganyfroithoughnopaper
herefore,sas
uchtothecirculatioweendealers
anddealers,yet,partlybydisuntingrealbillsofexge,
andpartlybylendinguponcashats,banksandbankersght
stillbeabletorelievethegreaterpartofthosedealersfrobr >
theyofkeepinganynsiderablepartoftheirstockby
theuneloyedandinreadyney,foranscasional
dends.theyghtstillbeabletogivetheutstassistance
hpropriety,givetotradersof
everykind.
torestrainprivatepeople,itybesaid,froeceiving
inpaynttheprossorynotesofabanker,foranysuer
greatorsll,selvesare,
ortorestrainabankerfrossuingsuotes,whenallhis
neighboursare,isaviolation
ofthatnaturallibertyistheproperbusinessoflaw
notte,buttosupport.suay,nodoubt,
bensideredasinsorespectsaviolationofnaturalliberty.
butthoseexertionsofthenaturallibertyofafewindividuals,
ightendahesecurityofthey,are,and
oughttobe,restraihelaents,ofthe
stfreeasostdespotical.theobligationof
buildingpartynicationof
fire,isaviolationofnaturallibertyexaekind
htheregulationsofthebankingtradeharehere
proposed.
apaperneynsistinginbanknotes,issuedbypeopleof
undoubtedandhoutanyndition,and
infactaled,is,inevery
respeoney;sincegoldand
silverneyatanytibehadforit.everiseither
boughtorsoldforsuchpaperstnecessarilybeboughtorsold
ascheapasituldhavebeenfoldandsilver.
theihasbeensaid,byaugnting
thequantity,andnsequentlydinishingthevalueofthewhole
odities.
butasthequantityofgoldandsilver,the
currency,isalothequantityofpaperhisadded
toit,paperneydoesnotnecessarilyihequantityof
thethebeginningofthelastturytothe
presentti,provisionsneverlandthanin
1759,though,frohecirculationoftenandfiveshillingbank
hereorepaperheuntrythanat
present.theproportiohepriceofprovisionsin
stlandandthatinenglandis
...