 | United States. Department of the Treasury - Finance - 1837 - 578 pages
...to abridge the ij'ii tity of circulating medium, and is liable to all the objections which aris*r i> a comparison of the benefits of a full, with the evils of a scanty, cirriilnn : It is not a satisfactory answer to say that none but the favored n.would, in this case,... | |
 | Alexander Hamilton - Finance - 1850 - 606 pages
...proportion between them, with an eye to their average commercial value. To annul the use of either of the metals, as money, is to abridge the quantity...is liable to all the objections which arise from a aomparison of the benefits of a foil, with the evils of a scanty circulation. a branch of trade, would... | |
 | National Board of Trade (U.S.) - Transportation - 1877 - 284 pages
...proportion between them with an eye to their average commercial value. " To annul the use of either of the metals as money is to abridge the quantity...of a full, with the evils of a scanty circulation." Mind you, the sentiment then was in favor of silver as the exclusive unit of value. Hamilton presented... | |
 | Francis Amasa Walker - Currency question - 1877 - 580 pages
...as money, and reducing it to the situation of a mere merchandise. . . . To annul the use of either of the metals as money is to abridge the quantity...of a full with the evils of a scanty circulation." — [A. Hamilton, Report on the. Mint.] These objections are not of less force than in Mr. Hamilton's... | |
 | Money - 1878 - 252 pages
...money, and reducing it to the situation of a mere merchandise To annul the use ofeither of the mêta1s as money is to abridge the quantity of circulating medium, and is liable to a1l the objections which arise from a comparison of the benefits of a full with the evils of a scanty... | |
 | Great Britain - 1879 - 980 pages
...them as money, and reducing it to the situation of a mere merchandize .... To annul the use of either of the metals as money, is to abridge the quantity...of a full with the evils of a scanty circulation." The "unit" created by bi-metallism is legal- tender " money," composed of the two elements or metals,... | |
 | United States. Congress. Senate - United States - 1879 - 998 pages
...and reducing it to tho situation of a mere merchandise. To annul the use of either of the metals ял Money is to abridge the quantity of circulating medium,...of a full with the evils of a scanty circulation. * Хотг. — Л translation of tlic above- was printed in the Frem-h Journal. FIFTH SESSION. 107... | |
 | Currency question - 1879 - 956 pages
...aud reducing it to the situation of a more merchandise. To aumu the use of cither of the metals a» Money is to abridge the quantity of circulating medium,...of a full with the evils of a scanty circulation. * NOTE.— Д. translation of the above was printed in the French Journal. FIFTH SESSION. 107 FIFTH... | |
 | Economics - 1879 - 356 pages
...of them as money, and so reduce it to the character of mere merchandise. To annul the use of either of the metals as money, is to abridge the quantity...and is liable to all the objections which arise from the comparison of the benefits of a full, with the evils of a scanty circulation." One of the most... | |
 | Money - 1879 - 918 pages
...proportion between them, with an eye to their average commercial value. To annul the use of either of the metals, as money, is to abridge the quantity...medium ; and is liable to all the objections which .irist- from a comparison of the benefits of a full, with the evils of a scanty circulation. It is... | |
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Hamilton, in his able and invaluable report in 1791 on the establishment of a mint, declared that " to annul the use of either gold or silver as money is to abridge the quantity of circulating medium, and is liable to all the objections which arise from... 
