An Introduction to Political EconomyScribner, Armstrong,, 1877 - 348 pages |
Other editions - View all
Common terms and phrases
accommodation bills Adam Smith advantage amount ARTHUR LATHAM Bank of England banker become better bills of exchange buyers called capital cent checks circulation coinage commercial commodities consequence cost of production creditor debt debtor deposits desires duties efforts English shilling exports favor foreign free trade gains gold and silver gold dollar greenbacks Gresham's Law hand important increased indirect taxes interest issue kind labor land legal-tender less lessen London manufacturers means measure of value medium ment metals namely nations natural agents notes offered onerous paid paper-money payment personal services Pheidon piece Political Economy present principle producere profit promise to pay protection purchase rate of discount received render revenue tariff sell sold standard of value tariff-taxes taxation taxes tends three-cent pieces tion United valuable thing wages wheat Williams College word York
Popular passages
Page 44 - And the field of Ephron, which was in Machpelah, which was before Mamre, the field, and the cave which was therein, and all the trees that were in the field, that were in all the borders round about, were made sure unto Abraham for a possession in the presence of the children of Heth, before all that went in at the gate of his city.
Page 181 - And Abraham hearkened unto Ephron; and Abraham weighed to Ephron the silver, which he had named in the audience of the sons of Heth, four hundred shekels of silver, current money with the merchant.
Page 100 - Speed on the ship ! — But let her bear No merchandise of sin, No groaning cargo of despair Her roomy hold within; No Lethean drug for Eastern lands, Nor poison-draught for ours; But honest fruits of toiling hands And Nature's sun and showers.
Page 44 - And after this, Abraham buried Sarah his wife in the cave of the field of Machpelah before Mamre : the same is Hebron in the land of Canaan. 20 And the field, and the cave that is therein, were made sure unto Abraham for a possession of a buryingplace by the sons of Heth.
Page 249 - July 14, 1890, are legal tender for all debts, public and private, except where otherwise expressly stipulated in the contract. United States notes are legal tender for all debts, public and private, except duties on imports and interest on the public debt.
Page 233 - Are rejected and abandoned for the trash of yesterday; For a vile, adulterate issue, drossy, counterfeit, and base, Which the traffic of the city passes current in their place! And the men that stood for office, noted for acknowledged worth, And for manly deeds of...
Page 45 - Isaac sowed in that land, and received in the same year an hundredfold: and the LORD blessed him: 13 And the man waxed great, and went forward, and grew until he became very great...
Page 16 - Well may it be said of Adam Smith, and said, too, without fear of contradiction, that this solitary Scotchman has, by the publication of one single work, contributed more towards the happiness of man, than has been effected by the united abilities of all the statesmen and legislators of whom history has preserved an authentic account.
Page 248 - States notes, when this circulation and that of the suspended banks together have become already so redundant as to increase prices beyond real values, thereby augmenting the cost of living to the injury of labor, and the cost of supplies to the injury of the whole country.
Page 249 - ... nor shall the total amount of United States notes, issued or to be issued, ever exceed four hundred millions of dollars, and such additional sum, not exceeding fifty millions of dollars, as may be temporarily required for the redemption of temporary loan...