 We find it subject to various conditions which are periodically returning ; it revolves apparently in an established cycle. First we find it in a state of quiescence, — next improvement, — growing confidence, — prosperity, — excitement, — overtrading,...  Political Economy - Page 186by Francis Amasa Walker - 1883 - 490 pagesFull view - About this book
 | Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - American fiction - 1854 - 580 pages
...Loyd), "revolves apparently in an established cycle. First we find it in a state of quiescence — next improvement — growing confidence — prosperity...stagnation — distress — ending again in quiescence." Mr. Lalor augurs evil from the present immense influx of gold, because, he argues, "only a small fractional... | |
 | Samuel Jones Loyd Baron Overstone - Banks and banking - 1837 - 64 pages
...it revolves apparently in an established cycle. First we fi'nd it in a state of quiescence, — next improvement, — growing confidence, — prosperity,...stagnation, — distress, — ending again in quiescence. Now during the progress of trade through this circular course, what is the necessary situation and... | |
 | Condy Raguet - Finance - 1838 - 428 pages
...it revolves apparently in an established cyele. First we find it in a state of quiescence, — next improvement, — growing confidence, prosperity, excitement,...stagnation, distress, — ending again in quiescence. Now, during the progress of trade through this circular course, what is the necessary situation and... | |
 | 1853 - 560 pages
...; it revolves apparently in an established cycle. First, we find it in a state of quiescence; next, improvement, growing confidence, prosperity, excitement,...stagnation, distress, ending again in quiescence.' Think for a moment of the import of the fact, that what these words describe is the life, the habitual... | |
 | Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - American fiction - 1854 - 566 pages
...Loyd), " revolves apparently in an established cycle. First we find it in a state of quiescence — next improvement — growing confidence — prosperity...stagnation — distress — ending again in quiescence." Mr. Lalor augurs evil from the present immense influx of gold, because, he argues, "only a small fractional... | |
 | Francis Bowen - Economics - 1856 - 590 pages
..."revolves apparently in an established cycle. First, we find it in a state of quiescence, — next improvement, — growing confidence, — prosperity,...stagnation, — distress, — ending again in quiescence." Experience does not seem to teach caution, or instruct merchants and speculators how to avoid a recurrence... | |
 | Samuel Jones Loyd Baron Overstone - Banks and banking - 1857 - 694 pages
...it revolves apparently in an established cycle. First we find it in a state of quiescence, — next improvement, — growing confidence, — prosperity,...stagnation, — distress, — ending again in quiescence. Now during the progress of trade through this circular course, what is the necessary situation and... | |
 | James MacLaren - Currency question - 1858 - 422 pages
...his customers.* Trade appears to revolve in a cycle, — first, a " state of quiescence ; next, of improvement, growing confidence, prosperity, excitement,...pressure, stagnation, distress ending again in quiescence. The banker cannot contract his accommodation while the whole trading and mercantile world are acting... | |
 | Francis Bowen - Economics - 1859 - 576 pages
..."revolves apparently in an established cycle. First, we find it in a state of quiescence, — next improvement, — -growing confidence, — prosperity,...stagnation, — distress, — ending again in quiescence." Experience does not seem to teach caution, or instruct merchants and speculators how to avoid a recurrence... | |
 | Francis Bowen - Economics - 1859 - 586 pages
..."revolves apparently in an established cycle. First, we find it in a state of quiescence, — next improvement, — growing confidence, — prosperity,...stagnation, — distress, — ending again in quiescence." Experience does not seem to teach caution, or instruct merchants and speculators how to avoid a recurrence... | |
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