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of the maker, or by this or that individual or <gap/> of individuals<lb/> | of the maker, or by this or that individual or <gap/> of individuals<lb/> | ||
in the case of each such <gap/>.</p> | in the case of each such <gap/>.</p> | ||
<head>Instructional and Ratiocinative</head><lb/> | |||
<p>And is in regard to intrinsically valuable money, in <note>Art. 5 So in regard to <lb/>imported intrinsically <lb/> | |||
valuable money</note><lb/> | |||
fabricated by a foreign government and imported from abroad | |||
<gap/> from abroad.</p> | |||
<head>Expositive</head><lb/> | |||
<p>The velocity of circulation or as the number of <note>Art 16 Given the amount<lb/> | |||
of <del>paper</del> money, <del>the</del> velocity<lb/> | |||
of circulation is as the number<lb/> | |||
of times at passes from<lb/> | |||
hand to hand <hi rend="underline">in exchange</hi> in<lb/> | |||
a given space of time</note><lb/> | |||
times that a piece of money of a given amount passes from<lb/> | |||
<hi rend="underline">hand to hand for equivalent in the ordinary way of trade</hi><lb/> | |||
within a given space of time say a year</p> | |||
<head>Instructional and Ratiocinative</head><lb/> | |||
Aggregate quantity and aggregate velocity<lb/> | |||
having given it matters not in regard to prices in what <note>Art 17 Given the<lb/> | |||
quantity and velocity it<lb/> | |||
matters not whether the<lb/> | |||
value of the money be<lb/> | |||
real or nominal</note><lb/> | |||
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{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}} |
1824. August Sept. 3
Constitutional Code Ch.XI Minsters Severally
S.13 Finance Minister
Art 13 In this way
only can paper money be
advantageous to the
Public
Instructional and Ratiocinative
In this way, but only upon these terms, advantage might
be desired, and that very considerable to the public, for the
use of paper money, even supposing the motive not to stand be
charged with any public debt.
Instructional and Ratiocinative
On this occasion it will be considered, that the Art 14 Given the quantity
and the rapidity of circulation
of paper money
it makes no difference
in respect of abundance,
whether Gover the public
or this or that individual
be the maker
of each of the promises the
paper money consists
of
quantity of paper money in circulation and the super of
its circulation buy forms, it will make under in
respect of the abundance of money whether the
by public funds by whom the it consists of
is made by the public that is to say Government is the first
of the maker, or by this or that individual or of individuals
in the case of each such .
Instructional and Ratiocinative
And is in regard to intrinsically valuable money, in Art. 5 So in regard to
imported intrinsically
valuable money
fabricated by a foreign government and imported from abroad
from abroad.
Expositive
The velocity of circulation or as the number of Art 16 Given the amount
of paper money, the velocity
of circulation is as the number
of times at passes from
hand to hand in exchange in
a given space of time
times that a piece of money of a given amount passes from
hand to hand for equivalent in the ordinary way of trade
within a given space of time say a year
Instructional and Ratiocinative
Aggregate quantity and aggregate velocity
having given it matters not in regard to prices in what Art 17 Given the
quantity and velocity it
matters not whether the
value of the money be
real or nominal
Identifier: | JB/042/117/001"JB/" can not be assigned to a declared number type with value 42. |
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instructional and ratiocinative |
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jeremy bentham |
j whatman turkey mill 1824 |
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admiral pavel chichagov |
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1824 |
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13040 |
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