Rent, Interest And Wages : Or, the Real Bearings of the Land Question : Private Rent the Mother of Interest, the Cause of Commercial Depressions & Social Misery
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In our eReader you can find the full English version of the book. Read Rent, Interest And Wages : Or, the Real Bearings of the Land Question : Private Rent the Mother of Interest, the Cause of Commercial Depressions & Social Misery 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 Rent, Interest And Wages : Or, the Real Bearings of the Land Question : Private Rent the Mother of Interest, the Cause of Commercial Depressions & Social Misery
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To quickly assess the difficulty of the text, read a short excerpt:
Wages and interest have in California gone down together. When common wages were 5 dols. a day, the ordinary bankrate of gS. RENT, INTEREST, AND WAGES.
interest was 24 per cent., per annum. Now that common wages are 2 dols. or 2*50 cents a day, the ordinary bankrate is from 10 to 12 per cent. " George says " eliminating from interest the element of insurance," but he does not do it. If he did, 12 or 24 per cent, interest in California would have dwindled down to the 3 to 4 per cent., which at t...hat period were obtainable in England on best securities. If it was otherwise, if the work of supervision of the investments — a part of the element of risk together with all the other components of that element — was not estimated as high as from 8 to 20 per cent, in this case, would not such a moveable thing as capital, so easily trans- ferred, wherever a better investment is to be found, have quickly flowed from England to California, until the level was re-established just as a liquid flows from a full vessel into a corresponding empty one until both are filled to equal height ?
What to read after Rent, Interest And Wages : Or, the Real Bearings of the Land Question : Private Rent the Mother of Interest, the Cause of Commercial Depressions & Social Misery?
You can find similar books in the "Read Also" column, or choose other free books by Flürscheim, Michael, 1844-1912 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Wages and interest have in California gone down together. When common wages were 5 dols. a day, the ordinary bankrate of gS. RENT, INTEREST, AND WAGES.
interest was 24 per cent., per annum. Now that common wages are 2 dols. or 2*50 cents a day, the ordinary bankrate is from 10 to 12 per cent. " George says " eliminating from interest the element of insurance," but he does not do it. If he did, 12 or 24 per cent, interest in California would have dwindled down to the 3 to 4 per cent., which at t...hat period were obtainable in England on best securities. If it was otherwise, if the work of supervision of the investments — a part of the element of risk together with all the other components of that element — was not estimated as high as from 8 to 20 per cent, in this case, would not such a moveable thing as capital, so easily trans- ferred, wherever a better investment is to be found, have quickly flowed from England to California, until the level was re-established just as a liquid flows from a full vessel into a corresponding empty one until both are filled to equal height ?
What to read after Rent, Interest And Wages : Or, the Real Bearings of the Land Question : Private Rent the Mother of Interest, the Cause of Commercial Depressions & Social Misery?
You can find similar books in the "Read Also" column, or choose other free books by Flürscheim, Michael, 1844-1912 to read onlineMoreLess
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