 | Adam Smith - 1789 - 526 pages
...P. even any confiderable part of that capital ; but that part of it only, which he would otherwife be obliged to keep by him unemployed, and in ready money for anfwering occafional demands. Jf she paper money which the bank advances never exceeds this value,... | |
 | James Wilson, Bird Wilson - 1804 - 456 pages
...operations of banking can increase the industry of the country. The part of his capital which a dealer is obliged to keep by him unemployed, and in ready money, for answering occasional demands, is so much dead stock, which, so long as it remains in this situation, produces nothing either to him... | |
 | Charles Bosanquet - 1810 - 304 pages
...with which he trades, or even any considerable part of that capital, but that part of it only which he would otherwise be obliged to keep by him unemployed,...in ready money, for answering occasional demands. If the paper which the Bank advances never txceeds this value, it can never exceed the value of the... | |
 | Joseph Guy - 1810 - 548 pages
...deduct always, upon what* ever sum they advance, the legal interest till the bill shall become due. The payment of the bill, When it becomes due, replaces to the bank the value of what .•had been advanced, together with a clear profit of the interest. The banker, who advances to the... | |
 | Adam Smith - 1811 - 532 pages
...which he trades, or even any considerable part of that capital; but that part of it only, which he would otherwise be obliged to keep by him unemployed and in ready mortey for answering occasional demands. If the paper money which the bank advances, never exceeds... | |
 | Adam Smith - 1812 - 530 pages
...They deduct always, upon whatever fum they advance, the legal intereft till the bill mall become due. The payment of the bill, when it becomes due, replaces to the bank the value of what had been advanced,together with a clear profitof the intereft. The banker who advances to the merchant... | |
 | Adam Smith - 1812 - 520 pages
...is really paid by that debtor ; it only advances to him a part of the value which he would otherwife be obliged to keep by him unemployed and in ready money for anfwering occafional demands. The payment of the bill, when it becomes due, replaces to the bank the... | |
 | Adam Smith - 1812
...is really paid by that debtor ; it only advances to him a part of the value which he would otherwife be obliged to keep by him unemployed and in ready money for anfwering occafional demands. The payment of the bill, when it becomes due, replaces to the bank the... | |
 | Encyclopaedia Perthensis - 1816 - 750 pages
...dednft always upon whitever fum they advance, the legal intereft till the bill (hall become tdiic. The payment of the bill, when it becomes due, replaces to the bank the value of what had been advanced, together with a clear profit of the intereft. The banker, who advances to the merchant... | |
 | 1816 - 740 pages
...They deduct always upon wlntever fum they advance, the legal intereft till the bill (hall become ,due. The payment of th'e bill, when it becomes due, replaces to the bank the value of what had been advanced, together with a cle.tr profit of the intereft. The banker, who advances to the merchant... | |
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... which he would otherwise be obliged to keep by him unemployed, and in ready money for answering occasional demands. 
