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The Currency and Banking System of England




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11.95 EUR*
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Partner:buecher.de
Hersteller:Forgotten Books (Roy, James)
Stand:2015-08-04 03:50:33

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Produktbeschreibung

Excerpt from The Currency and Banking System of England: And the Sister Kingdoms This confession the partisans of a specie and of a paper circulation have each, in their turn, been compelled to make. The advocates for a metallic currency have been surprised when they found circumstances drain, at one time particular districts, and at others the whole country, of the greater part of its specie, and leave the industrious unable to dispose of the products of their industry, on the fair terms to be met with in a market into which all the classes of the community are enabled to enter, and forced to dispose of them to a few monopolists, who have gathered in their grasp the scanty remainder of money; while, on the other hand, their opponents, who have for a time pointed with triumph to the activity and enterprise called forth by a plentiful circulation of paper, have been at once paralysed by the convulsions which have assailed the commercial and political world, in consequence of some shock which the credit of their paper system had received. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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