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" To limit the total amount of paper issued, and to resort for this purpose, whenever the temptation to borrow is strong, to some effectual principle of restriction; in no case, however, materially to diminish the sum in circulation, but to let it vibrate... "
An inquiry [&c.]. - Side 230
av Henry Thornton - 1807
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The Monthly Review, Or, Literary Journal

1802 - 572 sider
...purpose, whenever the temptation to borrow is strong, to some effectual principle of restriction ; in no case, however, materially to diminish the sum...circulation, but to let it vibrate only within, certain Kmk« ; to afford a slow and cautious extension of it, as th* general trade of the kingdom enlarges,...
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Monthly Review; Or Literary Journal Enlarged

Ralph Griffiths, George Edward Griffiths - 1802 - 572 sider
...purpose, whenever the temptation to borrow is strong, to some effectual principle of restriction ; in. no case, however, materially to diminish the sum...event of any extraordinary alarm or difficulty, as .he best means of preventing a great demand at home for guineas ; and to lean to the side of diminution,...
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An Enquiry Into the Nature and Effects of the Paper Credit of Great Britain

Henry Thornton - 1802 - 332 sider
...purpose, whenever the temptation to borrow is strong, to some effectual principle of restriction ; in no case, however, materially to diminish the sum...itself; to allow of some special, though temporary, encrease in the event of any extraordinary alarm or difficulty, as the best means of preventing a great...
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The Monthly review. New and improved ser, Volum 38

1802 - 572 sider
...purpose, whenever the temptation to borrow is strong, to some ctfectual principle of restriction ; in no case, however, materially to diminish the sum...only within certain limits ; to afford a slow and cautions extension of it, as the general trade of the kingdom enlarges itself; to allow of some special,...
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Encyclopaedia Britannica: Or, A Dictionary of Arts, Sciences, and ..., Volum 2

1824 - 1008 sider
...sorae effectual principle of restriction, but in no case materially to reduce the sum in circulation ; to afford a slow and cautious extension of it, as the general trade of the kingdom is enlarged ; and to allow of a temporary increase, even beyond its usual limits, in a season of extraordinary...
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A Select Collection of Scarce and Valuable Tracts and Other Publications, on ...

John Ramsay McCulloch - 1857 - 718 sider
...this purpose, whenever the temptation to borrow is strong, to some effectual principle of restriction; in no case, however, materially to diminish the sum...itself; to allow of some special, though temporary, encrease in the event of any extraordinary alarm or difficulty, as the best means of preventing a great...
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Monetary Policy in the United States: An Intellectual and Institutional History

Richard H. Timberlake - 1993 - 528 sider
...paper currency as the general trade of the kingdom increases. 4. Allow a temporary increase in currency "in the event of any extraordinary alarm or difficulty,...of preventing a great demand at home for guineas." 5. However, "lean to the side of diminution, in the case of gold going abroad, and of the general exchanges...
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Current Developments in Monetary and Financial Law, Volume 2

International Monetary Fund - 2003 - 886 sider
...effectual principle of restriction; in no case, however, materially to diminish 1 Schwartz (1986), p. 11. the sum in circulation, but to let it vibrate only...itself; to allow of some special, though temporary, enquiries in the event of any extraordinary alarm or difficulty, as the best means of preventing a...
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Financial Crises, Contagion, and the Lender of Last Resort : A Reader: A Reader

Charles Goodhart, Gerhard Illing - 2002 - 570 sider
...this purpose, whenever the temptation to borrow is strong, to some effectual principle of restriction; in no case, however, materially to diminish the sum...best means of preventing a great demand at home for guineas;5 and to lean to the side of diminution, in the case of gold going abroad, and of the general...
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A History of the Federal Reserve, Volume 1: 1913-1951

Allan H. Meltzer - 2010 - 815 sider
...this purpose, whenever the temptation to borrow is strong, to some effectual principle of restriction; in no case, however, materially to diminish the sum...but to let it vibrate only within certain limits; to allow a slow and cautious extension of it, as the general trade of the kingdom enlarges itself; to...
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