Thoughts On the Alarming State of the Circulation And On the Means of Redressin
Thoughts On the Alarming State of the Circulation And On the Means of Redressin
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In our eReader you can find the full English version of the book. Read Thoughts On the Alarming State of the Circulation And On the Means of Redressin 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 Thoughts On the Alarming State of the Circulation And On the Means of Redressin
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20.
t Report from the Exchange Committee, p. 16.
67 per cent, on promissory notes at six months, and at 4 per cent, on cash accounts *. And on these measures Dr Smith remarks, " that the Banks, by refusing to give more credit to those to whom they had already given a great deal too much, took the only method by which it was possible to save either their own credit, or the public credit of the country f".
It would be inconsistent with our present plan to go into further explanation on the money ...history of Scotland at that period ; for which, however, there are ample materials in the pub- lications that have been quoted : what has been said, is sufficient to shew that the measure recent- ly pursued in Ireland has the merit of originality.
For Mr Mansfield is too well informed on subjects of this nature, and his judgment is too correct, to admit a suspicion, that he will claim any share of the credit arising from adopting a measure admirably calculated for fixing a fluc- tuating exchange as the best means of correct- * This is stated both in the letter to J.
What to read after Thoughts On the Alarming State of the Circulation And On the Means of Redressin?
You can find similar books in the "Read Also" column, or choose other free books by James Maitland Lauderdale to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
20.
t Report from the Exchange Committee, p. 16.
67 per cent, on promissory notes at six months, and at 4 per cent, on cash accounts *. And on these measures Dr Smith remarks, " that the Banks, by refusing to give more credit to those to whom they had already given a great deal too much, took the only method by which it was possible to save either their own credit, or the public credit of the country f".
It would be inconsistent with our present plan to go into further explanation on the money ...history of Scotland at that period ; for which, however, there are ample materials in the pub- lications that have been quoted : what has been said, is sufficient to shew that the measure recent- ly pursued in Ireland has the merit of originality.
For Mr Mansfield is too well informed on subjects of this nature, and his judgment is too correct, to admit a suspicion, that he will claim any share of the credit arising from adopting a measure admirably calculated for fixing a fluc- tuating exchange as the best means of correct- * This is stated both in the letter to J.
What to read after Thoughts On the Alarming State of the Circulation And On the Means of Redressin?
You can find similar books in the "Read Also" column, or choose other free books by James Maitland Lauderdale to read onlineMoreLess
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