| Michael Lewis - 2007 - 1476 pàgines
...country. The gold and silver money which circulates in any country may very properly be compared to a as we learn from Mr. Lowndes, was at that time rather...time have been in favor of England, notwithstanding wagonway through the air, enable the country to convert, as it were, a great part of its highways into... | |
| Jane Kamensky - 2008 - 476 pàgines
...silver money which circulates in any country may very properly be compared to a highway," he wrote, "which, while it circulates and carries to market...country, produces itself not a single pile of either." Hard money was heavy stuff. For better and for worse, it clung to earth.'7 Few such ties tethered paper.... | |
| 1844 - 866 pàgines
...place. "The gold and silver which circulates in any country (says Adam Smith,) may be compared to a highway, which, while it circulates and carries to...country, produces itself not a single pile of either. The operations of Banking [viz., the note circulation] by providing a sort of carriage way through the... | |
| Henry Charles Carey - 1848 - 970 pàgines
...serve the purposes of men. Had he had it he would scarcely have told his readers that they were like a highway, which, " while it circulates and carries...country, produces itself not a single pile of either." (Book ii., chap. 2.) Whatever tends to cause motion among the elements of society tends to increase... | |
| 1864 - 1200 pàgines
...gold and silver money," he says, " which circulates in any country may very properly be compared to a highway, which, while it circulates and carries to...country, produces itself not a single pile of either." If, then, commodities increase, roads must be increased or widened, otherwise circulation must be arrested.... | |
| |