The Elements of Banking |
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Page viii
... COINS 51 2. Meaning of the MINT PRICE and MARKET PRICE of Gold and Silver 4. What is a POUND ? 3. Bad Coin drives out good Coin from circulation • Mint Price of Gold £ 3 17s . 101d . per ounce 3558 53 55 57 60 CHAPTER IV . THE THEORY OF ...
... COINS 51 2. Meaning of the MINT PRICE and MARKET PRICE of Gold and Silver 4. What is a POUND ? 3. Bad Coin drives out good Coin from circulation • Mint Price of Gold £ 3 17s . 101d . per ounce 3558 53 55 57 60 CHAPTER IV . THE THEORY OF ...
Page viii
... COINS 2. Meaning of the MINT PRICE and MARKET PRICE of Gold and Silver 3. Bad Coin drives out good Coin from circulation 51 Mint Price of Gold £ 3 17s . 101d . per ounce 3358 55 57 • 60 4. What is a POUND ? CHAPTER IV . THE THEORY OF ...
... COINS 2. Meaning of the MINT PRICE and MARKET PRICE of Gold and Silver 3. Bad Coin drives out good Coin from circulation 51 Mint Price of Gold £ 3 17s . 101d . per ounce 3358 55 57 • 60 4. What is a POUND ? CHAPTER IV . THE THEORY OF ...
Page 45
... Coins which retain the same name during a long series of ages . The pound of money in the days of William the Conqueror really meant a pound weight of silver bullion ; and silver was the only Money . Since then , silver has greatly ...
... Coins which retain the same name during a long series of ages . The pound of money in the days of William the Conqueror really meant a pound weight of silver bullion ; and silver was the only Money . Since then , silver has greatly ...
Page 46
... Coins which retain their names through long periods , may act in the same or opposite directions . It is quite easy to imagine that a Coin , though greatly deteriorated , or diminished from its original weight , may in consequence of ...
... Coins which retain their names through long periods , may act in the same or opposite directions . It is quite easy to imagine that a Coin , though greatly deteriorated , or diminished from its original weight , may in consequence of ...
Page 52
... Coin in any way affect its Value . estimated in the number of these pieces of bullion , or coins : but it is necessarily implied in the bargain that these coins contain a certain definite quantity of bullion . Values , it is true , are ...
... Coin in any way affect its Value . estimated in the number of these pieces of bullion , or coins : but it is necessarily implied in the bargain that these coins contain a certain definite quantity of bullion . Values , it is true , are ...
Common terms and phrases
acceptor Accommodation Bill amount Bank Act Bank Notes Bank of England banker Bills of Exchange Bills of Lading bought and sold Bullion Report called Capital Cash Credits cause chattels cheque circulation clear coin Coinage commercial commodities consequence Convertible Securities created Creditor Crown 8vo Currency Principle customer's Debt Debtor Deposits depreciated Duty to pay Economic Quantity Edition equal exactly EXPANSIVE Theory extinguished funds give Hence indorsement Labour Law of Value loan London Lord Overstone means merchandise merchant metal nature Negative Obligation operation paid Paper Currency payable payment person possession pound weight Price of gold profit Promise to pay purchase R. A. PROCTOR Rate of Discount receive RESTRICTIVE Theory Right of action Right to demand Roman Law says sell shew shewn silver species of Property Suppose termed things trade transaction transfer Value vols Wealth wholesale dealer Woodcuts
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