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" 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... "
Paper Against Gold, Or, the Mystery of the Bank of England: Of the Debt, of ... - Page 91
by William Cobbett - 1846 - 432 pages
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Paper Against Gold: Or, The History and Mystery of the Bank of England, of ...

William Cobbett - Currency question - 1828 - 362 pages
...same cause " which naturally exhausts the wenltk of a Nation should likewise be the only pro" ductive cause of money." — BURKE. Review of the Ground over...Letters — Opening the Way into the History of the Batik's Stoppage in 1797 — Vague Notion about the Increase of Bank Notes being a Sign of an Increase...
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Paper Against Gold: Or, The History and Mystery of the Bank of England, of ...

William Cobbett - Finance - 1834 - 446 pages
...THE MEASURE OF THE TRADE OF ITS NATION, BUT OF THE NECESSITY OF ITS GOVERNMENT ; and it ii absurd, and must be ruinous, that the same cause which naturally...Letters — Opening the way into the History of the litinJi'a Stoppage m 1797— Vague Notion about the Increase of Bank Notes being a sign of an Increase...
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The Merchants' Magazine and Commercial Review, Volume 42

Commerce - 1860 - 796 pages
...not the measure of the trade of its nation, but of the necessity of its government, and it is absurd, and must be ruinous, that the same cause which naturally...should likewise be the only productive cause of money." Is it wisdom to shut our eyes to the results of such means of supplying a circulating medium t Is it...
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Money

Francis Amasa Walker - Currency question - 1877 - 580 pages
...government, and it is absurd and must be ruinous, that the same course which naturally exhausts the toealth of a nation, should likewise be the only productive cause of money." " There has never been a government yet," says Prof. Perry, in his "Elements of Political Economy,"...
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Money

Francis Amasa Walker - Currency question - 1878 - 578 pages
...its government, and it is absurd and must be ruinous, that the same course which naturally exhattftts the wealth of a nation, should likewise be the only productive cause of money." "There has never been a government yet," says Prof. Perry, in his " Elements of Political Economy,"...
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Money in Its Relations to Trade and Industry

Francis Amasa Walker - Economics - 1879 - 356 pages
...not the measure of the trade of a nation, but of the necessity of its government ; and it is absurd, and must be ruinous, that the same cause which naturally...should likewise be the only productive cause of money." "In great and trying emergencies," wrote Hamilton, " there is almost a moral certainty of its becoming...
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Money in Its Relations to Trade and Industry

Francis Amasa Walker - Economics - 1879 - 366 pages
...not the measure of the trade of a nation, but of the necessity of its government ; and it is absurd, and must be ruinous, that the same cause which naturally...of a nation should likewise be the only productive cause1 of money." "In great and trying emergencies," wrote Hamilton, "there is almost a moral certainty...
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Money

James Platt - Currency question - 1880 - 220 pages
...not the measure of the trade or providence of a nation, but of its necessities ; and it is absurd, and must be ruinous, that the same cause which naturally...nation should likewise be the only productive cause of, or representative of, its money. For instance, there are those who argue that " Consols " should be...
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Political Economy

Francis Amasa Walker - Economics - 1883 - 506 pages
...the measure of the trade of the nation, but of the necessity of the government ; and it is absimland must be ruinous, that the same cause which naturally...likewise be the only productive cause of money."* The two most marked instances of continence in the issue of irredeemable paper are those afforded by...
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Platt's Essays, Volume 1

James Platt - Conduct of life - 1883 - 538 pages
...providence of a nation, but of its necessities ; and it is absurd, and must be ruinous, that the samo cause which naturally exhausts the wealth of a nation should likewise be the only productive cause of, or representative of, its money. For instance, there are those who argue that " Consols " should be...
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