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" ... to erect and to maintain than the old one. But in what manner this operation is performed, and in what manner it tends to... "
An Enquiry Into the Nature and Effects of the Paper Credit of Great Britain - Page 45
by Henry Thornton - 1802 - 320 pages
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - 1789 - 526 pages
...fo obvious, and: may therefore require fome further explication. THERE are feveral different, forts of, paper money ; but the circulating notes of banks and bankers are the fpecies which is beft known, and which feems beft adapted for this purpofe. , WHEN the people of any...
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The Works of the Honourable James Wilson, Volume 3

James Wilson, Bird Wilson - 1804 - 456 pages
...new wheel, which it costs less both to erect and to maintain than the old one. — There are several sorts of paper money; but the circulating notes of banks and bankers is the species _ which is best known, and which seems best adapted for this purpose."-—" These notes...
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An inquiry [&c.].

Henry Thornton - 1807 - 298 pages
...bill*. Does Dr. Smith mean to include, in his idea of " the " whole paper money of every kind which can easily " circulate," all the bills of exchange of...observation : " There are different sorts of paper mo" ney; but the circulating notes of banks and bank" ers are the species which is best known, and...
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The Works of Adam Smith, LL.D. and F.R.S. of London and Edinburgh:: The ...

Adam Smith - 1812 - 520 pages
...altogether fo obvious, and may therefore require fome further explication. There are feveral different forts of paper money ; but the circulating notes of banks and bankers are the fpecies which is beft known, and which feems beft adapted for this purpofe. When the people of any...
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The Works of Adam Smith: The nature and causes of the wealth of nations

Adam Smith - 1812 - 530 pages
...altogether fo obvious, and may therefore require fome further explication. There are feveral different forts of paper money ; but the circulating notes of banks and bankers are the fpecies which is beft known, and which feems beft adapted for this purpofe. When the people of any...
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The Principles of Economical Philosophy, Volume 2, Issue 1

Henry Dunning Macleod - 1875 - 574 pages
...paper money," and says that circulation comes to be carried on by a new wheel. — " There are several different sorts of paper money ; but the circulating notes of banks and bankers are the species which are best known, and which seem best adapted for the purpose." It is to be observed that what Smith...
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Die geldqualität der banknote: Eine juristisch-social-ökonomische untersuchung

Adolf Weber - 1900 - 104 pages
...times equally convenient;" er weist dann darauf hin, dafs es verschiedene Arten von Papiergeld gebe, but the circulating notes of banks and bankers are the species which is best known 1 . — Noch schärfer spricht sich Ricardo für die Geldqualität der Banknote aus; er meint geradezu,...
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Classical Macroeconomics: Some Modern Variations and Distortions

James C. W. Ahiakpor - 2003 - 278 pages
...or its paper substitutes for transactions purposes. Smith also acknowledges that there are "several different sorts of paper money; but the circulating...banks and bankers are the species which is best known" (3 1 0), hence his focus on discussing the impact of bank notes. Smith also notes the existence of...
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Wealth of Nations

Adam Smith - 2007 - 597 pages
...is not altogether so obvious, and may therefore require some further explication. There are several different sorts of paper money; but the circulating notes of banks and bankers are the sgeeies which is best known, and which seems best adapted f qr this purpose. When the people of any...
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