The Merchants' Magazine and Commercial Review, Volume 49Freeman Hunt, 1863 - Commerce |
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Page 10
... exchange . Thus the same number of food buyers and goods buyers mutually multi- plied their productions , until it became apparent that the Erie Canal was becoming too limited in capacity for the ever - swelling volume of trade . Its ...
... exchange . Thus the same number of food buyers and goods buyers mutually multi- plied their productions , until it became apparent that the Erie Canal was becoming too limited in capacity for the ever - swelling volume of trade . Its ...
Page 16
... exchange for money . The possessor of wealth must , however , be disposed to take his money in exchange , and hence it must have some value of itself . It must be such a commodity that to them will be an equivalent for that which they ...
... exchange for money . The possessor of wealth must , however , be disposed to take his money in exchange , and hence it must have some value of itself . It must be such a commodity that to them will be an equivalent for that which they ...
Page 17
... exchange ; with the money he received for his bill he purchased another on Genoa . His money was thus transferred to the de- sired spot without cost or risk . In 1140 the great Venitian merchants also established a bank of deposits and ...
... exchange ; with the money he received for his bill he purchased another on Genoa . His money was thus transferred to the de- sired spot without cost or risk . In 1140 the great Venitian merchants also established a bank of deposits and ...
Page 18
... exchange , as it was difficult to tell in what currency they would be paid . To meet this difficulty , " money of account " was agreed upon , fixing the value in which bills should be paid whatever might be the actual currency . Thus ...
... exchange , as it was difficult to tell in what currency they would be paid . To meet this difficulty , " money of account " was agreed upon , fixing the value in which bills should be paid whatever might be the actual currency . Thus ...
Page 21
... exchange for them . The currency then becomes valueless . So in France , as long as certain quantities of this capital existed the paper maintained a fair value ; but as soon as there was a scarcity of goods and food the paper fell of ...
... exchange for them . The currency then becomes valueless . So in France , as long as certain quantities of this capital existed the paper maintained a fair value ; but as soon as there was a scarcity of goods and food the paper fell of ...
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Common terms and phrases
acceptance American amount authority Bank become bill bonds buyer called Canal capital carried cause cent circulation coin commerce condition Congress consideration continued contract cotton currency debt decision demand Department deposits duty effect England equal exchange existence exports fact fiber five flax foreign France further give given gold Government hand held holder imported increased indorser interest iron issue July June legal tender less letters loan manufacture March material matter means merchant metals months nature necessary notice operation paid party passed payable payment person port possession present produce promise quantity question reason received returns rule securities ship silver specie supply taken tion trade Treasury United vessels whole York
Popular passages
Page 204 - ... unless the agreement, upon which such action shall be brought or some memorandum or note thereof, shall be in writing, and signed by the party to be charged therewith, or some other person thereunto by him lawfully authorized.
Page 33 - ... lawful money and a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest as aforesaid.
Page 59 - An act to provide a national currency, secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof," approved June third, eighteen hundred and sixtyfour.
Page 204 - June no contract for the sale of any goods, wares and merchandizes, for the price of ten pounds sterling or upwards, shall be allowed to be good, except the buyer shall accept part of the goods so sold, and actually receive the same, or give something in earnest to bind the bargain, or in part of payment, or that some note or memorandum in writing of the said bargain be made and signed by the parties to be charged by such contract, or their agents thereunto lawfully authorized.
Page 341 - And as ye would that men should do unto you, do ye also to them likewise.
Page 329 - Court in which such offender shall be convicted, and every such ship or vessel, with the tackle, apparel, and furniture, together with all the materials, arms, ammunition, and stores which may belong to, or be on board of, any such ship or vessel, shall be forfeited...
Page 204 - That no action shall be brought whereby to charge any executor or administrator upon any special promise to answer damages out of his own estate; or whereby to charge the defendant upon any special promise to answer for the debt, default or miscarriage of another person...
Page 329 - Vessel shall be employed in the Service of any Foreign Prince, State, or Potentate, or of any Foreign Colony, Province, or Part of any Province or People, or of any Person or Persons exercising or assuming to exercise any Powers of Government in or over any Foreign State, Colony, Province, or Part of any Province or People...
Page 328 - ... fine and imprisonment, or either of them, at the discretion of the Court in which such offender shall be convicted...
Page 329 - Majesty's dominions, was a ship of war, cruiser, or armed vessel in the service of any foreign prince...