 | Samuel Jones Loyd Baron Overstone - 1857 - 694 síður
...that of deposits, afford any fixed or certain rules for the guidance " of the issuers of paper-money, and that such are to be sought for " in the state...our present system, wherein one mass of issuers, the joint- stock '' banks and country bankers, look almost exclusively to these " fallacious criteria :... | |
 | Samuel Jones Loyd Baron Overstone - 1858 - 722 síður
...that of deposits, afford any fixed or certain rules for the guidance " of the issuers of paper-money, and that such are to be sought for '' in the state...criteria : while the Bank of England, which alone even pre" tends to adhere to correct principles, is thwarted by the injudicious " conduct of its associates,... | |
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We have seen that neither the range of general prices, the rate " of interest, the relative amount of currency at different times, not '' that of deposits, afford any fixed or certain rules for the guidance " of the issuers of paper-money, and that such... 