The Southern Magazine and Monthly Review, Volume 1, Issues 1-21841 - Comparative government |
Common terms and phrases
abolitionism abolitionist amount appointment Bank of England banks Beggar's Opera benefits bills body Bubbleton capital cause character circulation circumstances civilized colonies commerce common congress connexion consequences considered constitution corrupt course crime currency decemviral demand discount duty effect Egyptian established evil executive exercise existence extended fact favor federal give gold and silver Governor Seward Heeren Henry of Guise Herodotus hope important individuals institutions interest labor law of nations legislative letter Liberia Mary of Burgundy matter means ment mind mode Mount Vernon nature necessary never operation opinion paper paper-money party patrician patriotism payment peculiar persons Peter Stew Phoenician plebeians political possession present president principles produced profit racter receive Roman rule samphire secure senate slavery slaves spirit Stew's notes supposed Theodorick Bland thing tion town trade tribes United Virginia votes wealth whole York
Popular passages
Page 23 - Not mine own fears, nor the prophetic soul Of the wide world dreaming on things to come, Can yet the lease of my true love control, Supposed as forfeit to a confined doom.
Page 109 - WE, the people of the United States, in order to form a more perfect union, establish justice, ensure domestic tranquillity, provide for the common defence, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America.
Page 92 - The commerce and industry of the country, however, it must be acknowledged, though they may be somewhat augmented, cannot be altogether so secure when they are thus, as it were, suspended upon the Daedalian wings of paper money as when they travel about upon the solid ground of gold and silver.
Page 140 - That his majesty's subjects in these colonies owe the same allegiance to the crown of Great Britain, that is owing from his subjects born within the realm, and all due subordination to that august body the parliament of Great Britain.
Page 92 - The judicious operations of banking, by providing, if I may be allowed so violent a metaphor, a sort of...
Page 90 - The substitution of paper in the room of gold and silver money, replaces a very expensive instrument of commerce with one much less costly, and sometimes equally convenient. Circulation comes to be carried on by a new wheel, which it costs less both to erect and to maintain than the old one.
Page 3 - Time sadly overcometh all things, and is now dominant, and sitteth upon a sphinx, and looketh unto Memphis and old Thebes, while his sister Oblivion reclineth semisomnous on a pyramid, gloriously triumphing, making puzzles of Titanian erections, and turning old glories into dreams. History sinketh beneath her cloud. The traveller as he paceth amazedly through those deserts asketh of her, who builded them ? and she mumbleth something, but what it is he heareth not.
Page 90 - Though he has generally in circulation, therefore, notes to the extent of a hundred thousand pounds, twenty thousand pounds in gold and silver may, frequentlV, be a sufficient provision for answering occasional demands. By this operation, therefore, twenty thousand pounds in gold and silver perform all the functions which a hundred thousand could otherwise have performed.
Page 91 - But though this sum cannot be employed at home, it is too valuable to be allowed to lie idle. It will, therefore, be sent abroad, in order to seek that profitable employment which it cannot find at home. But the paper cannot go abroad; because at a distance from the banks which issue it, and from the country in which payment of it can be exacted by law, it will not be received in common payments. Gold and silver, therefore, to the amount of eight hundred thousand pounds will be sent abroad, and the...