 ... the whole : making it a rule to keep its discounts within its income. The operation proceeds thus : by issuing no new notes, but requiring something from your debtors, you oblige them to return to you the Bank notes you lent them, or their equivalents.  The Science of Government: Founded on Natural Law - Page 39by Clinton Roosevelt - 1841 - 113 pagesFull view - About this book
 | United States. Congress - 1825 - 738 pages
...obliging them to pay a part or the whole, making1 it a rule to keep its discounts within its income. The operation proceeds thus: by issuing no new notes, but requiring something from your debtor?, J ou oblige them to return to you the hank notes you lent them, or their equivalents. This... | |
 | William M. Gouge - 1833 - 414 pages
...obliging them to pay a part or the whole : making it a rule to keep its discounts within its income. The operation proceeds thus : by issuing no new notes,...them to return to you the Bank notes you lent them, or their equivalents. This makes the Bank notes scarcer — this makes them more valuable — this... | |
 | James William Gilbart - 1837 - 234 pages
...obliging them to pay a part or the whole; making it a rule to keep its discounts within its income. The operation proceeds thus: by issuing no new notes,...them to return to you the bank notes you lent them, or their equivalents. This makes the bank notes more scarcer — this makes them more valuable— the... | |
 | 1842 - 422 pages
...obliging them to pay a part of the whole : making it a rule to keep its discounts within its income. The operation proceeds thus : by issuing no new notes,...you oblige them to return to you the bank notes you lend them, or their equivalents. This makes the bank notes scarcer — this makes them mor« valuable... | |
 | Henry Nicholas Sealy - 1858 - 488 pages
...operation of the currency upon the exchange in America, published a few years before : — P. 112. :— " The operation proceeds thus : by issuing no new notes,...something from your debtors, you oblige them to return you the bank notes you lent them, or their equivalents. This makes the bank notes more scarce — this... | |
 | Charles Moran - 1863 - 240 pages
...mass more valuable in proportion. It is this capacity of diminishing the paper which protects it. ... The operation proceeds thus : by issuing no new notes,...something from your debtors, you oblige them to return you the bank notes you lent them, or their equivalent. This makes the bank notes scarcer — this makes... | |
 | Charles Moran - 1863 - 232 pages
...more valuable in proportion. It is this capacity of diminishing the paper which protects it. . . . The operation proceeds thus : by issuing no new notes,...something from your debtors, you oblige them to return you the bank notes you lent them, or their equivalent. This makes the bank notes scarcer — thj§... | |
| |
