 | John Stuart Mill - Economics - 1896 - 616 pages
...in the estimation of lenders a sufficient prospect that those advances will be repaid. CHAPTER XIII. OF AN INCONVERTIBLE PAPER CURRENCY. § 1 . AFTER experience...produce all the benefit to the issuers which could haye been produced by the coins which they purported to represent ; governments began to think that... | |
 | United States - 1897 - 928 pages
...property has money stamped on gold and silver that it only can act on prices? John Stuart Mill says : After experience had shown that pieces of paper, of...circulate as such, and to produce all the benefit to the users which could have been produced by the coins which they purported to represent, governments began... | |
 | Frank Parsons - Currency question - 1898 - 208 pages
...intrinsic value is not requisite to money. John Stuart Mill says (Polit. Econ., Book iii, chap. 13, §1): "After experience had shown that pieces of paper,...or pounds, could be made to circulate as such, and te produce all the benefit to the issuers which could have been produced by the coins they purported... | |
 | John Stuart Mill - Economics - 1899 - 616 pages
...in the estimation of lenders a sufficient prospect that those advances will be repaid. CHAPTEE XIII. OF AN INCONVERTIBLE PAPER CURRENCY. § 1. AFTER experience...shown that pieces of paper, of no intrinsic value, bv merelv bearing upon them the written ,/ V I profession of bcing equivalent to a certain number of... | |
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OF AN INCONVERTIBLE PAPER CURRENCY. § 1 . AFTER experience had shown that pieces of paper, of no intrinsic value, by merely bearing upon them the written profession of being equivalent to a certain number of francs, dollars, or pounds, could be made... 
