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Common terms and phrases
accommodation bills Adam Smith amount balance bank notes Bank of England banker barter bills of exchange Bonamy Price borrowed bullion buyer capital cash cause cent circulation coin coinage commercial commodities consumer creditors currency customers debt demand deposits discount equal export foreign give gold and silver Government hand home charges important increase India industry invested issue department joint stock banks keep labour legal tender lend less liability loan London loss manufacturers means medium of exchange ment merchant millions monetary moral nation nature obtain operations paid panic paper money payment perceive pounds precious metals principle produce profit prosperity purchase quantity rate of interest real wealth receive revenue ruin rupee Scotch banks sell seller sovereign stamp stock of gold supply things tion trade transfer value of money wise
Popular passages
Page 204 - Cease then, nor order imperfection name : Our proper bliss depends on what we blame. Know thy own point : This kind, this due degree Of blindness, weakness, Heaven bestows on thee. Submit. In this or any other sphere, Secure to be as blest as thou canst bear : Safe in the hand of one disposing power, Or in the natal or the mortal hour.
Page 50 - Sirs, why do ye these things ? We also are men of like passions with you, and bring you good tidings, that ye should turn from these vain things unto the living God, who made the heaven and the earth and the sea, and all that in them is : who in the generations gone by suffered all the nations to walk in their own ways.
Page 94 - His lord answered and said unto him, Thou wicked and slothful servant, thou knewest that I reap where I sowed not, and gather where I have not strawed : thou oughtest therefore to have put my money to the exchangers, and then at my coming I should have received mine own with usury.
Page 204 - All discord, harmony not understood ; All partial evil, universal good : And, spite of pride, in erring reason's spite, One truth is clear, WHATEVER is, is RIGHT.
Page 23 - To all of them he gave each man changes of raiment ; but to Benjamin he gave three hundred pieces of silver, and five changes of raiment.
Page 132 - s by action dignified. Within the infant rind of this small flower Poison hath residence, and medicine power:. For this, being smelt, with that part cheers each part, Being tasted, slays all senses with the heart. Two such opposed kings encamp them still In man as well as herbs, grace and rude will ; And where the worser is predominant, Full soon the canker death eats up that plant.
Page 208 - The heights by great men reached and kept, Were not attained by sudden flight, But they, while their companions slept, Were toiling upward in the night, Standing on what too long we bore With shoulders bent and downcast eyes, We may discern — unseen before — A path to higher destinies. Nor deem the irrevocable Past As wholly wasted — wholly vain — If rising on its wrecks, at last, To something nobler we attain.
Page 95 - An act for granting to their Majesties several rates and duties upon tonnage of ships and vessels, and upon beer, ale, and other liquors...
Page 31 - But this paper money may, and does increase, without any increase of trade, nay often when it greatly declines, for it is not the measure of the trade of the nation, but of the necessity of its government ; and it is absurd, and must be ruinous, that the same cause which naturally exhausts the wealth of a nation, should likewise be the only productive cause of money.
Page 165 - Bank was in any event absolutely necessary, and as its intervention would be chiefly useful by the effect which it would have in increasing the circulating medium, we advised the Bank to take the whole affair into their own hands at once, — to issue their notes on the security of goods instead of issuing them on Exchequer bills, such bills being themselves issued on that security. "They reluctantly consented, and rescued 'us from a very embarrassing predicament.