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Books Books 1 - 6 of 6 on by law there has never been any restriction against any one issuing notes in Scotland;....
" by law there has never been any restriction against any one issuing notes in Scotland; yet, in practice, it has ever been impossible for any unsound or unsafe paper to obtain currency." * And thus the natural guarantee in the one case has been more efficient... "
Capital, currency, and banking; a ser. of articles publ. in The Economist - Page 99
by James Wilson - 1847
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Social Statics: Or, The Conditions Essential to Human Happiness Specified ...

Herbert Spencer - Social sciences - 1851 - 476 pages
...Though " by law there has never been any restriction against any one issuing notes in Scotland ; yet, in practice, it has ever been impossible for any unsound or unsafe paper to obtain currency."* And thus the natural guarantee in the one case has been more efficient than the legislative one in...
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Capital, Currency, and Banking: Being a Collection of a Series of Articles ...

James Wilson - Banks and banking - 1859 - 303 pages
...the adoption of such safe and perfect principles as shall secure that great essential confidence. There being no restriction as to number of partners,...has been the case in England during the same time ? \Ve started by giving privileges to the Bank of England ; these privileges alone were enough to prevent...
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Social Statics: Or, The Conditions Essential to Human Happiness Specified ...

Herbert Spencer - Economics - 1868 - 523 pages
...Though " by law there has never been any restriction against any one issuing notes in Scotland ; yet, in practice, it has ever been impossible for any unsound or unsafe paper to obtain currency." f And thus the natural guarantee in the one case has been more efficient than the legislative one in...
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Paper Money, the Root of Evil: An Examination of the Currency of the United ...

Charles A. Mann - Currency question - 1872 - 374 pages
..."Though by law there has never been any restriction against any one issuing notes in Scotland, yet in practice it has ever been impossible for any unsound or unsafe paper to obtain currency." * A mixed currency is self-regulating, and most of its evil effects result from attempts to regulate...
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Social Statics: Abridged and Revised; Together with The Man Versus the State

Herbert Spencer - Social sciences - 1892 - 431 pages
...Though " by law there has never been any restriction against any one issuing notes in Scotland; yet, in practice, it has ever been impossible for any unsound or unsafe paper to obtain currency." * And thus the natural guarantee in the one case has been more efficient than the legislative one in...
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Social Statics: Abridged and Revised; Together with The Man Versus the State

Herbert Spencer - Social sciences - 1892 - 431 pages
...Though " by law there has never been any restriction against any one issuing notes in Scotland ; yet, in practice, it has ever been impossible for any unsound or unsafe paper to obtain currency." * And thus the natural guarantee in the one case has been more efficient than the legislative one in...
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