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" ... All other debtors in the state were allowed the same privilege, and might pay with the same nominal sum of the new and debased coin whatever they had borrowed in the old. Such operations, therefore, have always proved favourable to the debtor, and... "
Popular Political Economy: Four Lectures Delivered at the London Mechanics ... - Page 213
by Thomas Hodgskin - 1827 - 268 pages
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - Economics - 1809 - 372 pages
...have always proved favourable to the debtor, and ruinous to the creditor, and have sometimes produced a greater and more universal revolution in the fortunes of private persons, than could have been occasioned by a very great public calamity; It is in this manner that money has...
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Elements of Political Economy

Samuel Phillips Newman - Business & Economics - 1835 - 354 pages
...have always proved favourable to the debtor, and ruinous to the creditor ; and have sometimes produced a greater and more universal revolution in the fortunes of private persons, than could have been occasioned by a very great public calamity." It has now been fully shewn, that...
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An inquiry into the nature and causes of the wealth of nations. A careful ...

Adam Smith - 1875 - 808 pages
...have always proved favourable to the debtor, and ruinous to the creditor, and have sometimes produced a greater and more universal revolution in the fortunes of private persons than could have been occasioned by a very great public calamity. It is in this manner that money has...
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English Prose: From Maundevile to Thackeray

Arthur Howard Galton - English prose literature - 1888 - 368 pages
...have always proved favourable to the debtor, and ruinous to the creditor ; and have sometimes produced a greater and more universal revolution in the fortunes of private persons, than could have been occasioned by a very great public calamity. It is in this manner that money has...
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The Universal Anthology: A Collection of the Best Literature ..., Volume 19

Richard Garnett, Léon Vallée, Alois Brandl - Anthologies - 1899 - 430 pages
...have always proved favorable to the debtor and ruinous to the creditor, and have sometimes produced a greater and more universal revolution in the fortunes of private persons than could have been occasioned by a very great public calamity. It is in this manner that money has...
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English Prose from Mandeville to Ruskin

William Peacock - English literature - 1903 - 408 pages
...have always proved favourable to the debtor, and ruinous to the creditor; and have sometimes produced a greater and more universal revolution in the fortunes of private persons, than could have been occasioned by a very great public calamity. Sm, SIR JOSHUA REYNOLDS 1723-1792...
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The Stoddard Library: Shakespeare-Taine

John Lawson Stoddard - Anthologies - 1910 - 490 pages
...have always proved favorable to the debtor, and ruinous to the creditor, and have sometimes produced a greater and more universal revolution in the fortunes of private persons than could have been occasioned by a very great public calamity. It is in this manner that money has...
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Banking and Currency

William Jayne Weston - Banks and banking - 1922 - 356 pages
...have always proved favourable to the debtor, and ruinous to the creditor, and have sometimes produced a greater and more universal revolution in the fortunes of private persons, than could have been occasioned by a very great public calamity." In 1545, for instance, Henry VIII.,...
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The Paper Moneys of Europe: Their Moral and Economic Significance

Francis Wrigley Hirst - Currency question - 1922 - 64 pages
...have always proved favourable to the debtor, and ruinous to the creditor, and have sometimes produced a greater and more universal revolution in the fortunes of private persons, than could have been occasioned by a very great public calamity.2 * Wealth of Nations, Book I, chap....
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Irish Political Economy

Thomas A. Boylan, Tadhg Foley - Economics - 2003 - 364 pages
...have always proved favourable to the debtor and ruinous to the creditor; and have sometimes created a greater and more universal revolution in the fortunes of private persons, than could have been occasioned by a very great public calamity." It is worthy of observation that...
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