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" The gold and silver money which circulates in any country may very properly be compared to a highway, which, while it circulates and carries to market all the grass and corn of the country, produces itself not a single pile of either. "
Encyclopaedia Britannica: Or, A Dictionary of Arts, Sciences, and ... - Page 74
1824
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A Short History of Political Economy in England: From Adam Smith to Arnold ...

Langford Lovell Price - Economics - 1891 - 226 pages
...and silver money in a country," he observed in a striking image, " may be very properly compared to a highway which, while it circulates and carries t'o...country, produces itself not a single pile of either." It was, he remarked, useful as a " great but expensive instrument of commerce," but, while it was thus...
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A History of Modern Banks of Issue: With an Account of the Economic Crises ...

Charles Arthur Conant - Banks and banking - 1896 - 622 pages
...country. The gold and silver money which circulates in any country may very properly be compared to a highway, which, while it circulates and carries to...I may be allowed so violent a metaphor, a sort of wagon-way through the air, enable the country to convert, as it were, a great part of its highways...
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A History of Modern Banks of Issue: With an Account of the Economic Crises ...

Charles Arthur Conant - Banks and banking - 1896 - 620 pages
...country. The gold and silver money which circulates in any country may very properly be compared to a highway, which, while it circulates and carries to market all the grass aud com of the country, produces itself not a single pile of either. Tbe judicious operations of banking,...
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The Principles of Money and Banking, Volume 1

Charles Arthur Conant - Banks and banking - 1905 - 466 pages
...that "the gold and silver money which circulates in any country may very properly be compared to a highway, which, while it circulates and carries to...produces itself not a single pile of either." The same image is gracefully presented by Tucker: * " Its useful functions can be compared to nothing more...
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The Functions of Money: A Handbook Dealing with the Subject in Its Practical ...

William Frederick Spalding - Currency question - 1921 - 208 pages
...says : " The gold and silver money which circulates in any country may very properly be compared to a highway, which, while it circulates and carries to...pile of either. The judicious operations of banking (ie judicious issue of notes — author) by providing, if I may be allowed so violent a metaphor, a...
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Guillaume de Greef: The Social Theory of an Early Syndicalist

Dorothy Wolff Douglas - Economics - 1925 - 406 pages
...that: " The gold and silver money which circulates in any country may very properly be compared to a highway which, while it circulates and carries to...country, produces itself not a single pile of either." And then he went on to say: "The judicious operations of banking, by providing, if I may be allowed...
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Industrial Efficiency and Social Economy, Volume 2

Nassau William Senior - Economics - 1928 - 440 pages
...The gold and silver money (observes Adam Smith) which circulates in any country, may be compared to a highway, which, while it circulates and carries to...country, produces itself not a single pile of either. The operations of banking, by providing a sort of waggon-way through the air, enable the country to convert,...
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An Inquiry into the Nature and Causes of the Wealth of Nations

Adam Smith - History - 2008 - 1148 pages
...country. The gold and silver money which circulates in any country may very properly be compared to a highway, which, while it circulates and carries to...judicious operations of banking, by providing, if I may be be allowed so violent a metaphor, a sort of waggon-way through the air; enable the country to convert,...
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Bankers' Magazine, Journal of the Money Market and Commercial Digest, Volume 10

Banks and banking - 1850 - 902 pages
...country'. The gold and silver money which circulates in any country may very properly be compared to a highway, which, while it circulates and carries to market all the grass and com of the country, produces itself not a single pile of either. The judicious operations of banking,...
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The Moral Philosophy of Management: From Quesnay to Keynes

Pierre Guillet de Monthoux - Business & Economics - 1993 - 334 pages
...any country may very properly be compared to a highway, which, while it circulates and carries to the market all the grass and corn of the country, produces...I may be allowed so violent a metaphor, a sort of wagon way through the air; enable the country to convert, as it were, a great part of its highways...
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