Institutes of Economics a Succinct Textbook of Political Economy for the Use of

Cover Institutes of Economics a Succinct Textbook of Political Economy for the Use of
Institutes of Economics a Succinct Textbook of Political Economy for the Use of
Andrews Elisha Benjamin
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It is the non-observance of this which creates so much prejudice against government paper money. People mistakenly conceive such paper as necessarily a forced loan. That Mr. Goschen, Chancellor of the Eng. Exchequer, intends an issue of English greenbacks, may perhaps be taken as some proof of the innocuousness of such money. See Budget Speech, Lond. Times, Ap. 19, 1889. Observe in particular that we advo- cate oxAy promissory, not fiat greenbacks [§ 93]. We need not remark that the execution o...f the above proposal would in no wise interfere with the regular and most profitable business of banks, viz. , that of discounting. CHAPTER IV taxation § 146 General Principles Ad. Smith, bk. V. Leroy-Beaulieu, TMo. Des Finances, bk. Ii. Schoenberg, Hand- buck der Pol. Oek. , vol. Iii. Cossa, Taxation. Cooley, Law of Taxation. Mill, bk. V, ch. Ii. Nicholson, ' Taxation, ' in Encyc. Brit. I Taxation, as topic in Economics, relates partly to Distribution, partly to Consumption, to neither exclu- sively.

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