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sudden influx of<lb/> | sudden influx of<lb/> | ||
<del><gap/></del> 25 million</note> | <del><gap/></del> 25 million</note> | ||
that the addition made to the prices of vendable commodities | |||
taken together is in <del>pr</del> the exact proportion of the supposed sudden<lb/> | |||
addition to the mass of money: viz: as 25 to 75 = as 1 to 3.<lb/> | |||
is <del>prev<gap/>ly equal to in the precise proportion of</del><lb/> | |||
<del>the addition to the quantity of money. There would</del><lb/> | |||
<del>the rise of prices produced by</del> <lb/> | |||
<del>the 25 millions <add>worth</add> of expelled paper had they <add>it</add> not</del><lb/> | |||
<del>been expelled have amounted to a third of</del> <lb/> | |||
<add>On</add> this supposition , the rise<add>of prices</add> being supposed <add>equable and therefore</add> universal,<lb/> | |||
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Ch. XIV.
What expel
Bank & Bankers
paper, rather than
suffer a rise of
prices.
[+] The <add>in</add>every income
which did not receive
a reliable increase
from the supposed
sudden influx of
25 million
that the addition made to the prices of vendable commodities
taken together is in pr the exact proportion of the supposed sudden
addition to the mass of money: viz: as 25 to 75 = as 1 to 3.
is prevly equal to in the precise proportion of
the addition to the quantity of money. There would
the rise of prices produced by
the 25 millions worth of expelled paper had they it not
been expelled have amounted to a third of
On this supposition , the riseof prices being supposed equable and therefore universal,
