The Principles of Political Economy Applied to the Condition, the Resources, and the Institutions of the American People

Front Cover
Little, Brown, 1859 - Economics - 546 pages
 

Contents

Rule of discounting only short paper
347
Reflux of banknotes explained
350
Banks compete with each other for their share of the circulation
357
Expedients for the security of the circulation
363
The Treasury fund might support a good circulation
369
THE DECLINE IN THE VALUE OF MONEY
392
Great fluctuations of this supply
398
The present decline but little retarded by a greater demand for money
404
Specie reserves absorbed by the rise of prices
410
Change in the relative values of gold and silver will not indicate
416
Silver is not now a standard of value
422
Commerce anticipates changes of price
428
Speculators cannot control the price of grain
434
Purchases can be made to any extent without money
440
American examples
446
Other causes affect the amount of disposable capital
452
More imports obtained by lessening the price of exports
466
How England has extended her manufactures
472
Protective duties on them are a clear saving
478
Patents and copyrights are protective duties
484
Individuals not so much benefited
490
Natural right limited to ones own earnings
496
Different systems of distributing the estate
502
Excessive subdivision of land not to be dreaded
508
Division of estates in France has reached its limit
509
Perpetuities forbidden in law established in fact
515
Amount of sales under this commission
521
Results of the two systems taken side by side
527
Absenteeism and middlemen in Ireland
533
Natural limit to excessive accumulation
539
Liberal use of wealth in the United States
545

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