...national debt, large sums of money are withdrawn from circulation four times in the year for a few days. These demands for money being only temporary, seldom...surmounted by the payment of a large rate of interest*. * " AH kinds of public loans," observes M. Say, " are attended with the inconvenience of withdrawing...

...furnishing in fact the direct converse to the case so mendaciously paraded, where money yields only two per cent, and as furnishing therefore the appropriate...of being any representative rate, that occasional two per cent which is caught at by elaborate artists in the use of money, not as in itself the highest...

...therefore the appropriate answer. " To pay the interest of the national debt, large sums of money arc withdrawn from circulation four times in the year...of being any representative rate, that occasional two per cent which is caught at by elaborate artists in the use of money, not as in itself the highest...

...money are withdrawn from circulation four times in the year for a few days." Four times, and not twive, because the half-yearly dividends fall at one period...of being any representative rate, that occasional two per cent which is caught at by elaborate artists in the use of mono)', not as in itself the highest...

...furnishing in fact the direct converse to the case so mendaciously paraded, where money yields only two per cent, and as furnishing therefore the appropriate...payment of a large rate of interest." — (P. 415.) Now, wrould it not be monstrous to urge that casual tilt upwards in the rate of interest as a representative...

...bear a higher relative price in the market than a 3| per cent. (both being supposed to stand on our present English footing in their origin). Ricardo...representative change in the current and prevailing rate 1 Equally dishonest it is, ex analogo, to urge, under the notion of being any representative rate,...

...therefore the appropriate answer. " To pay the interest of .the national debt, large sums of money arc withdrawn from circulation four times in the year...of being any representative rate, that occasional two per cent which is caught at by elaborate artists in the use of money, not as in itself the highest...

...national debt, large sums of money are withdrawn from circulation four times in the year for a few days. These demands for money being only temporary, seldom...surmounted by the payment of a large rate of interest.* * " All kinds of public loans," observes M. Say, " are attended with the inconvenience of withdrawing...

...from circulation four times in the year for a few days. These demands for money being only temporary,1 seldom affect prices ; they are generally surmounted by the payment of a large rate of interest.* * " All kinds of public loans," observes M. Say, "are attended with the inconvenience of withdrawing...

...national debt, large sums of money are withdrawn from circulation four times in the year for a few days. These demands for money being only temporary, seldom...surmounted by the payment of a large rate of interest.* * " All kinds of public loans," observes M. Say, " are attended with the inconvenience of withdrawing...