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Remarks on a Pamphlet Intitled, "the Question Concerning the Depreciation of the Currency Stated and Examined," by William Huskisson, Esq., M. P: ... Currency, Intended to Explain the Real Nature - Brossura
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Excerpt from Remarks on a Pamphlet Intitled, "the Question Concerning the Depreciation of the Currency Stated and Examined," by William Huskisson, Esq., M. P: Together With Several Political Maxims Regarding Coin and Paper Currency, Intended to Explain the Real Nature, and Advantages, of the Present System
Some facts have recently come to my know ledge regarding, 1. A fallin the price of gold i and, 2. The rate of exchange with lreland,. Which,l trust, will put an end to any pro longed discussion respecting the propriety of altering our present system of circulation: I thought it right, therefore, to lose no time in lay-i ingthem before the Public. It seemed to me. Also necessary, to,statex some observations, on. The proposed measure of compelling the Bank of England to purchase bullion at, any price, and. To add a statement of that fall inthe \{alue of; funded property, which has taken place, in con sequence of the alarm occasioned by the pro ceedings of the Bullion Committee.
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Remarks on a Pamphlet Intitled, the Question Concerning the Depreciation of the Currency Stated and Examined, by William Huskisson, Esq, M P Currency, Intended to Explain the Real Nature
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LX-9781334473852
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Remarks on a Pamphlet Intitled, the Question Concerning the Depreciation of the Currency Stated and Examined, by William Huskisson, Esq, M P Currency, Intended to Explain the Real Nature
Da: PBShop.store UK, Fairford, GLOS, Regno Unito
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LX-9781334473852
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Remarks on a Pamphlet Intitled, "the Question Concerning the Depreciation of
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Paperback. Condizione: New. Print on Demand. This book presents arguments against altering Britain's current monetary system, which employs a paper currency that is not convertible to specie. At its time of writing in 1810, the British economy was in a state of prosperity that the author attributes to the advantages of a non-convertible paper currency. Detailed discussion points include exchange rates, international trade, and the relative merits of coin, specie, and paper money. The author points out that during the seventeen years in which Great Britain experimented with paper money, it saw economic and social progress on an unparalleled scale. As such, the author advocates against returning to a specie-based system arguing that not only is the current paper currency system far more productive and profitable, but that it is also less vulnerable to the risks associated with specie, such as hoarding and theft. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Codice articolo 9781334473852_0
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