A New Monetary System the Only Means of Securing the Respective Rights of Labor
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In our eReader you can find the full English version of the book. Read A New Monetary System the Only Means of Securing the Respective Rights of Labor Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A New Monetary System the Only Means of Securing the Respective Rights of Labor
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Assumed the obligation to provide a representative of property to the extent required. It has, however, neglected to supply the necessary kind and quantity of money to effect the exchanges essential to the interest and welfare of all civilized communities. Tl. E consequence has been an attempt of the State governments to supply the deficiency by the establishment of banks. The mode of instituting banks has been various, but however instituted, experience has shown their unfitness to fulfil the ...public purposes of their institution, and also their unequalled power as instruments for gathering the earnings of labor tocapital, without any adequate return.
The nature of banks is sometimes said to be similar to that of manufacturing companies. The chief point of resemblance in their constitutions is, that the stockhold- ers, both in manufacturing companies and in banks, are bound only for the amount paid in as capital stock, and are not liable for :mv further debts of the institutions.
THE NATURE OF BANKS.
What to read after A New Monetary System the Only Means of Securing the Respective Rights of Labor?
You can find similar books in the "Read Also" column, or choose other free books by Edward Kellogg to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Assumed the obligation to provide a representative of property to the extent required. It has, however, neglected to supply the necessary kind and quantity of money to effect the exchanges essential to the interest and welfare of all civilized communities. Tl. E consequence has been an attempt of the State governments to supply the deficiency by the establishment of banks. The mode of instituting banks has been various, but however instituted, experience has shown their unfitness to fulfil the ...public purposes of their institution, and also their unequalled power as instruments for gathering the earnings of labor tocapital, without any adequate return.
The nature of banks is sometimes said to be similar to that of manufacturing companies. The chief point of resemblance in their constitutions is, that the stockhold- ers, both in manufacturing companies and in banks, are bound only for the amount paid in as capital stock, and are not liable for :mv further debts of the institutions.
THE NATURE OF BANKS.
What to read after A New Monetary System the Only Means of Securing the Respective Rights of Labor?
You can find similar books in the "Read Also" column, or choose other free books by Edward Kellogg to read onlineMoreLess
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