Government Revenue, Especially the American System. An Argument for Industrial Freedom Against the Fallacies of Free Trade
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In our eReader you can find the full English version of the book. Read Government Revenue, Especially the American System. An Argument for Industrial Freedom Against the Fallacies of Free Trade 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 Government Revenue, Especially the American System. An Argument for Industrial Freedom Against the Fallacies of Free Trade
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To quickly assess the difficulty of the text, read a short excerpt:
But they represent more than anything else savings, capital, and they are the medium in which, on demand of the creditor, debts must be paid. Therefore it is waste to ship an ex- cess of gold and silver, and it is ruin to base trade on the promise to pay them in the future, beyond the prospect of prompt production. 1 1 The indebtedness of nations results from the relative totals of all the amounts expended by each upon the other, whether in payment of produce and manufactures, or for the purcha...se of shares and public securities, or for the settlement of profits, commissions, or tributes of any kind, or for the discharge of the expenses incurred in foreign residence or travel : in fact, from the entire payments or promises to pay which pass between the respective countries. The liability is identical in effect, whatever its origin may be. — Goschen, Foreign Exchanges, c. ii.
Sidgwick, p. 227, says : " Every such liability has to be liquidated COMMERCE BROADER THAN BARTER. 219 THE ATTITUDE OE THE NATIONS.
What to read after Government Revenue, Especially the American System. An Argument for Industrial Freedom Against the Fallacies of Free Trade?
You can find similar books in the "Read Also" column, or choose other free books by Ellis Henry Roberts to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But they represent more than anything else savings, capital, and they are the medium in which, on demand of the creditor, debts must be paid. Therefore it is waste to ship an ex- cess of gold and silver, and it is ruin to base trade on the promise to pay them in the future, beyond the prospect of prompt production. 1 1 The indebtedness of nations results from the relative totals of all the amounts expended by each upon the other, whether in payment of produce and manufactures, or for the purcha...se of shares and public securities, or for the settlement of profits, commissions, or tributes of any kind, or for the discharge of the expenses incurred in foreign residence or travel : in fact, from the entire payments or promises to pay which pass between the respective countries. The liability is identical in effect, whatever its origin may be. — Goschen, Foreign Exchanges, c. ii.
Sidgwick, p. 227, says : " Every such liability has to be liquidated COMMERCE BROADER THAN BARTER. 219 THE ATTITUDE OE THE NATIONS.
What to read after Government Revenue, Especially the American System. An Argument for Industrial Freedom Against the Fallacies of Free Trade?
You can find similar books in the "Read Also" column, or choose other free books by Ellis Henry Roberts to read onlineMoreLess
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