... to the State itself, nor to any body in it ; as there can be no security for the uniformity in the value of the currency, when its augmentation or diminution depends solely on the will of the issuers. That the Bank have the power of reducing the circulation... The Pamphleteer - Page 511edited by - 1816Full view - About this book
| 1819 - 654 pages
...itself, and still less to the managers of any private banking company ; for there can be no security for uniformity in the value of the currency, when its...diminution depends solely on the will of the issuers. But, under the operation of this system, the Bank •would not only be prevented from reducing die... | |
| David Ricardo - 1816 - 140 pages
...the circulate tion in any degree they may think proper : a power which should neither be intrusted to the state itself, nor to any body in it; as there...the power of adding indefinitely to its quantity. Though I am fully assured, that it is both against the interest and the wish of the Bank to exercise... | |
| David Ricardo - 1821 - 560 pages
...reducing the circulation in any degree they may think proper : a power which should neither be intrusted to the State itself, nor to any body in it ; as there...the power of adding indefinitely to its quantity. Though I am fully assured, that it is both against the interest and the wish of the Bank to exercise... | |
| David Ricardo - 1821 - 566 pages
...intrusted to the State itself, nor to any body in it ; as there can be no securitv for the uniforinitv in the value of the currency, when its augmentation...the power of adding indefinitely to its quantity. Though I am fully assured, that it is both against the interest and the wish of the Bank to exercise... | |
| Thomas Cooper - 1826 - 302 pages
...should neither be entrusted to the State itself, nor to any body in it; as there can be no security for uniformity in the value of the currency, when its...diminution depends Solely on the will of the issuers." " There is this material difference between a bank and all other trades. A bank would never be established... | |
| Adam Smith - 1835 - 494 pages
...they may think proper ; a power which should neither be entrusted to the State itself, nor to anybody in it ; as there can be no security for the uniformity...the power of adding indefinitely to its quantity. Though I am fully assured that it is both against the interest and the wish of the Bank to exercise... | |
| 1835 - 858 pages
...itself, and still less to the managers of any private banking company ; for there can be no security for uniformity in the value of the currency, when its...diminution depends solely on the will of the issuers. But, under the operation of this system, the Bank would not only be prevented from reducing the value... | |
| Maurice Cross - 1836 - 434 pages
...itself, and still less lo the managers of any private banking company ; for there can be no security for uniformity in the value of the currency, when its...diminution depends solely on the will of the issuers. Bui, under Ihe operalion of this system, the Bank would not only be prevented from reducing the value... | |
| Maine. Legislature - 1839 - 554 pages
...less to the managers of any private bank, or association of banks ; for there can be no security for uniformity in the value of the currency, when its augmentation or diminution depends solely upon the will of theissuers. The will of the Suffolk Bank is absolute in this matter. Ought it longer... | |
| David Ricardo, John Ramsay McCulloch - 1886 - 688 pages
...reducing the circulation in any degree they may think proper ; a power which should neither be intrusted to the State itself nor to any body in it, as there...the power of adding indefinitely to its quantity. Though I am fully assured that it is both against the interest and the wish of the Bank to exercise... | |
| |