Elements of Political EconomyScribner Armstrong, 1875 - 543 páginas |
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Términos y frases comunes
Adam Smith advantage amount assignats Bank of England banker become bills of exchange borrow capital capitalist circulation coin commercial commodities consequently cost of labor cost of production cottons currency debt definition demand depreciated desire distinct dollar duties efforts element England English equal export France French gain gold and silver Hamilton tariff hand important increased industry interest issue land law of value legal tender legal-tender less lessen loan machinery manufacture measure of value medium ment Mercantile System metals motive nature offer paid paper money payment pencil persons Political Economy principles profits proposition protection purchase purchasing-power quantity rate per cent received relative render revenue rise science of value secured sell silks supply supposed tariff taxes tends things tion United utility value of money wages wages-fund wants wealth whole
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Página 120 - This great increase of the quantity of work which, in consequence of the division of labour, the same number of people are capable of performing, is owing to three different circumstances; first, to the increase of dexterity in every particular workman; secondly, to the saving of the time which is commonly lost in passing from one species of work to another ; and lastly, to the invention of a great number of machines which facilitate and abridge labour, and enable one man to do the work of many.
Página 334 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof,
Página xvi - And Abraham hearkened unto Ephron; and Abraham weighed to Ephron the silver, which he had named in the audience of the sons of Heth, four hundred shekels of silver, current money with the merchant.
Página xvi - And the field of Ephron, which was in Machpelah, which was before Mamre, the field, and the cave which was therein, and all the trees that were in the field, that were in all the borders round about, were made sure 18 unto Abraham for a possession in the presence of the children of Heth, before all that went in at the gate of his city.
Página 105 - ... the spirit of monopolists is narrow, lazy, and oppressive ; their work is more costly and less productive than that of independent artists ; and the new improvements so eagerly grasped by the competition of freedom, are admitted with slow and sullen reluctance in those proud corporations, above the fear of a rival, and below the confession of an error.
Página 284 - They represent real property, the most secure of all possessions, the land on which we tread.
Página 301 - ... uphold the castles, houses, mills, parks and ponds ; and if he commit the guardianship of the estate to the sheriff or any other, he shall previously oblige them to find surety to the same purpose. During the minority of a baron, while his lands are in wardship and are not in his own possession, no debt which he owes to the Jews shall bear any interest. Heirs shall be married without disparagement, and before the marriage be contracted the nearest relations of the person shall be informed of...
Página 76 - ... until some human service has been mingled with it, is absolutely free. God is a Giver. He gives sunlight and air and water in abundance. He gives the earth, with all its materials, and with all its powers, and with all its spontaneous fruits, gratuitously to man. At the very first, He gave to man, " dominion over the fish of the seas, and over the fowl of the air, and over every living thing that moveth on the earth.
Página 60 - ... way, but were casually picked up, to the same amount as is now obtained by digging and diving, they would be of precisely the same value as now. In this, as in many other points in Political Economy, men are prone to confound cause and effect. It is not that pearls fetch a high price...
Página 23 - King, that there shall be a reciprocal and entirely perfect liberty of navigation and commerce between the subjects of each party, in all and every the kingdoms, states, provinces and territories subject to their Majesties in Europe, for all and singular kinds of goods...