 | Money - 1799 - 208 pages
...fixed capital. " The gold and silver money," says Adam Smith, " which circulates in any country, may be compared to a highway, which, while it circulates...produces not a single pile of either. The judicious operation of banking, by providing, if I may use so violent a metaphor, a sort of wagon road through... | |
 | James Wilson, Bird Wilson - 1804 - 456 pages
...operations of banking, by substituting paper in the room of a great part of this gold and silver, enables the country to convert a great part of this dead stock...carries to market all the grass and corn of the country, produces, itself, not a single pile of either. The judicious operations of banking, by providing, if... | |
 | 1825 - 798 pages
...enable the country to convert a great part of this dead stock into active and productive stock,— iuto stock which produces something to the country. The...carries to market all the grass and corn of the country, produces itself not to a single pile of either. The judicious operations of banking, by providing,... | |
 | Adam Smith - 1819 - 532 pages
...the country. The judicious operations of banking, by substituting paper in the room of a great part of this gold and silver, enable the country to convert...carries to market all the grass and corn of the country, produces itself not a single pile of either. The judicious operations of banking, by providing, if... | |
 | Adam Smith - 1822 - 522 pages
...this dead stock into active and productive stock ; into stock which produces something to the coimtry. The gold and silver money which circulates in any...carries to market all the grass and corn of the country, produces itself not a single pile of either. The judicious operations of banking, by providing, if... | |
 | 1828 - 746 pages
...supply the means of rendering its industry productive. “The gold and silver money,” says Adam Smith, “which circulates in any country, may very properly...carries to market all the grass and corn of the country, produces itself not a single pile of either. The judicious operations of banking, by providing, if... | |
 | 1824 - 1008 pages
...and silver money which circulates in any country," he observes, " may very properly be compared to л highway, which, while it circulates and carries to market all the grass and corn of the country, produces itself not a single pile of either. The judicious operations of banking, by providing, if... | |
 | Nassau William Senior - 1828 - 320 pages
...Smith, " which circulates in any country, may be " compared to a highway, which, while it cir" culates and carries to market all the grass " and corn of the country, produces itself not " a single pile of either. The operations of " banking, by providing a sort of... | |
 | Nassau William Senior - 1830 - 308 pages
..." gold and silver money," observes Adam Smith, " which circulates in any country, may be com" pared to a highway, which, while it circulates " and carries...to market all the grass and corn of " the country, produces itself not a single pile of " either. The operations of banking, by pro. " viding a sort of... | |
 | 1838 - 1014 pages
...great part of it, enables the country to make a great part of this dead stock active and productive. The gold and silver money which circulates in any...carries to market all the grass and corn of the country, produces itself not a single pile of either. The judicious operations of banking, by providing, if... | |
| |
The gold and silver money which circulates in any country may very properly be compared to a highway, which, while it circulates and carries to market all the grass and corn of the country, produces itself not a single pile of either. 
