Hints on Wages, the Corn Laws, High and Low Prices, Paper-money, and Banking: Arising from a Consideration of Three Lectures on the Cost of Obtaining Money, and on Some Effects of Private and Government Paper-money, Delivered Before the University of OxfordWhittaker, Treacher, 1832 - 332 עמודים |
מהדורות אחרות - הצג הכל
Hints on Wages, the Corn Laws, High and Low Prices, Paper-Money, and Banking <span dir=ltr>J. H. Renny</span> אין תצוגה מקדימה זמינה - 2019 |
מונחים וביטויים נפוצים
abroad advance afford Alexander Baring America amount annuities Bank of England bankers bills of exchange British produce capital employed capitalists cause cent centage profit chiefly circulation commodities consequence corn laws cost cotton cultivation debt declared value decrease demand depreciation distress dities duce effect employed in trade export trade facturers further give given gold and silver greater higher prices Hindostan hundred quarters imports India interest July land less Lewis Lloyd low prices manu market price ment metallic currency millions money wages North America obtained official value paid paper money Poland poor laws population pound sterling precious metals price of wheat prices of gold prices of grain produce and manufactures productive labour proportion prosperity purchase quantity quarters question rate of profit reduced rent returns Senior shew an increase shewn soil stocks supply surplus taxation tion tithes trade and agriculture wages of labour wants yearly
קטעים בולטים
עמוד 33 - In fact the portableness of the precious metals and the universality of the demand for them render the whole commercial world one country, in which bullion is the money and the inhabitants of each nation form a distinct class of labourers. We know that in the small market of every district the remuneration paid to the producer is in proportion to the value produced. And consequently that if one man can by superior diligence, or superior skill, or by the assistance of a larger capital, or by deferring...
עמוד 36 - The mine worked by England is the general market of the world : the miners are those who produce those commodities by the exportation of which the precious metals are obtained, and the amount of the precious metals, which by a given exertion of labour, and advance of capital, they can obtain, must afford the scale by which the remuneration of all other producers is calculated.
עמוד 30 - Ireland cease even during the rages of famine, and of pestilence occasioned by famine ? The only mode by which I can account for the phenomena which I have been describing is, by supposing that the countries which have the precious metals to dispose of, either as producers, or as having a temporary superfluity at their own current rate of prices, are willing to give more than one-fourth more for the exportable commodities produced by the labour of one North American in a year, assisted by an advance...
עמוד 36 - ... obtained, and the amount of the precious metals, which by a given exertion of labour, and advance of capital, they can obtain, must afford the scale by which the remuneration of all other producers is calculated. If this reasoning be correct, and I have in vain sought for a flaw in it, many important consequences must be admitted. In the first place it follows that the amount of the income in money of each individual depends on the prosperity of our foreign commerce.
עמוד 34 - ... inhabitants of each nation form a distinct class of labourers. We know that in the small market of every district the remuneration paid to the producer is in proportion to the value produced. And consequently that if one man can by superior diligence, or superior skill, or by the assistance of a larger capital, or by deferring for a longer time his remuneration, or by any advantage natural or acquired, occasion a more valuable product, he will receive a higher reward. It is thus that a lawyer...
עמוד 6 - But how then do we account for his wages in North America being twenty-five per cent. higher than they are in England, while the labour requisite to obtain necessaries is not much more than half as great in the former country as in the latter...
עמוד 140 - England paper; if a neighbouring bank should fail, or any extraordinary circumstance arise, we immediately increase our deposit of Bank of England paper; the communication with London is now so immediate and rapid, that any very large amount of Bank of England paper is found, by experience, to be unnecessary; certainly short of the amount which it would have been thought prudent to have kept thirty years ago.
עמוד 186 - Guineas lowered to twenty-two shillings, and great sums daily transported to Holland, where it yields more, with other treasure sent to pay the armies, and nothing considerable coined of the new and now only current stamp, cause such a scarcity that tumults are every day feared, nobody paying or receiving money...
עמוד 141 - Committee to obtain such information as might enable them to state with anything like accuracy, the amount of country Bank paper in circulation. But they are led to infer from all the evidence they have been able to procure on this subject, not only that a great number of new country Banks has been established within these last two years, but also that the amount of issues of those which are of an older standing has in general been very considerably increased...
עמוד 1 - England, they arc from nine pounds to fifteen pounds troy. In Upper Canada and the United States of America, they are from twelve pounds troy to twenty pounds. Within the same time, the American laborer obtains twelve times, and the English laborer nine times, as much silver as the Hindoo.