Some Articles on the Depreciation of Silver and on Topics Connected with It (Classic Reprint) - Brossura

Bagehot, Walter

Brossura

ISBN 10: 1330805259 ISBN 13: 9781330805251

Casa editrice: Forgotten Books, 2018

Riassunto

Excerpt from Some Articles on the Depreciation of Silver and on Topics Connected With It

And these are the two main propositions which' I wish to establish.

If these are proved, the practical conclusion follows that it would be absurd to make any per manent changes in our Indian currency or taxa tion, while all the facts upon which such changes would be founded are changing so much and so rapidly. And though this conclusion does not need support, it is supported by our uncertainty as to the effect of the increased Home charges of our Indian Government - sometimes, for shortness, called the Indian tribute - which, in a way which I have tried to explain, complicates the whole subject.

The fertility of the new silver mines in America is not very elaborately examined in these articles, for even yet there are no sure data for us. But everything tends to show that the yield of these mines is likely to be far less than what was once thought, and the difficulty of Obtaining exact data is an additional reason for being very slow to make any changes founded on an hypothesis as to the future price of silver. As yet no one can prove that the permanent value Of silver - whether in relation to gold or in relation to commodities at large - will change so much' as to render any alterations necessary.

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Dettagli dell'edizione

• Editore: Forgotten Books
• Data di pubblicazione: 2018
• Lingua: Inglese
• ISBN 10: 1330805259
• ISBN 13: 9781330805251
• Rilegatura: Copertina flessibile
• Numero di pagine: 152
• Contatto del produttore: non disponibile
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