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<head>Ch.XIV. <hi rend='underline'>Rise of Prices</hi><!-- underlined twice --> — <hi rend='underline'>how to obviate</hi>.</head> | <head><note>Abstract</note></head><!-- written in pencil --> | ||
<p><!-- indent -->I have already stated an extra-rise of prices | <head>Ch.XIV. <hi rend='underline'>Rise of Prices</hi><!-- underlined twice --> — <hi rend='underline'>how to obviate</hi> .</head> | ||
<p><!-- indent --><note>Ch XIV. Rise of Prices</note> <note>1 Any quantity of the proposed paper introduces<!-- or, introduced --> into the circulation will if it be not attended with the removal of an equal quantity of other money as an introduction <unclear>of</unclear><!-- or, if --> a correspondent quantity of <gap/> commodities be productive if an extra rise of prices — which is an undesirable result .</note><!-- note written in pencil --> I have already stated an extra-rise of prices | |||
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as <del>a</del> <add | as <del>a</del> <add><sic>amongth</sic></add> <hi rend='underline'>conceivable</hi> results of the proposed measure . | ||
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Taken by itself it is evidently an <hi rend='underline'>undesirable</hi> | Taken by itself it is evidently an <hi rend='underline'>undesirable</hi> | ||
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one : it is a tax on income to the amount : <del>of imposing <add>a tax</add> | one : it is a tax on income to the amount : <del>of imposing</del> <add>a tax</add> | ||
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the < | <del>the burthe<!-- unfinished word, burthen ? --></del> which comes out of every body's pocket , | ||
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<add>and goes in to nobody's. - Being,</add> <del>thing</del> with reference to the proposed measure , an | <add>and goes in to nobody's. - Being,</add> <del>thing</del> with reference to the proposed measure , an | ||
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Supposing the <hi rend='underline'>influx</hi> of the proposed <del>money</del> <add>paper,</add> not to | Supposing the <hi rend='underline'>influx</hi> of the proposed <del>money</del> <add>paper,</add> not to | ||
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be <del>speedily followed by an equal</del> <add>followed, or rather kept pace with , by an</add> <hi rend='underline'> | be <del>speedily followed by an equal</del> <add>followed, or rather kept pace with , by an</add> <hi rend='underline'>efflux</hi> of other | ||
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money <del>,</del> <add>to an equal amount —</add> and supposing it too <hi rend='underline'>sudden</hi> <del>with too great | money <del>,</del> <add>to an equal amount —</add> and supposing it too <hi rend='underline'>sudden</hi> <del>with too great | ||
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within a year</del> to be productive if an influx of vendible | |||
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commodities , be an amount worth regarding <add>in this view</add> , within | commodities , be an amount worth regarding <add>in this view</add> , within | ||
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<del>the same time</del>, | <del>the same time,</del> <add>the assumed span of time, the result presents itself as</add> <del>, it is</del> a <hi rend='underline'>demonstable</hi> one . For, the | ||
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prices of the whole mass of vendible <del>commodities</del> <add>articles,</add> | |||
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taken together <del>for</del> <add>sold within</add> the year , is <add>in other words <del>as</del></add> the same thing <del>for the</del> | |||
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<add>as the</add> quantity of money given or undertaken <del>to be given</del> <add>for, in exchange</add> | |||
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for them within that <del>year</del> <add>time :</add> <del>or in other words as | |||
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the quantity of money</del> so that the quantity of those | |||
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articles remaining the same , the greater the quantity | |||
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of the money is that has been given for them , the | |||
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higher has been the <del>price</del> price . <add>It</add> | |||
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179 Abstract Ch.XIV. Rise of Prices — how to obviate .
Ch XIV. Rise of Prices 1 Any quantity of the proposed paper introduces into the circulation will if it be not attended with the removal of an equal quantity of other money as an introduction of a correspondent quantity of commodities be productive if an extra rise of prices — which is an undesirable result . I have already stated an extra-rise of prices
as a amongth conceivable results of the proposed measure .
Taken by itself it is evidently an undesirable
one : it is a tax on income to the amount : of imposing a tax
the burthe which comes out of every body's pocket ,
and goes in to nobody's. - Being, thing with reference to the proposed measure , an
unfavourable one result, , I may be recieved with the
less suspicion difficulty , when stating it as a probable one .
Supposing the influx of the proposed money paper, not to
be speedily followed by an equal followed, or rather kept pace with , by an efflux of other
money , to an equal amount — and supposing it too sudden with too great
within a year to be productive if an influx of vendible
commodities , be an amount worth regarding in this view , within
the same time, the assumed span of time, the result presents itself as , it is a demonstable one . For, the
prices of the whole mass of vendible commodities articles,
taken together for sold within the year , is in other words as the same thing for the
as the quantity of money given or undertaken to be given for, in exchange
for them within that year time : or in other words as
the quantity of money so that the quantity of those
articles remaining the same , the greater the quantity
of the money is that has been given for them , the
higher has been the price price . It
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ch. xiv rise of prices - how to obviate |
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jeremy bentham |
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frances wright |
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