... the subject it is proper to notice the novel theory advanced by Prof. Laughlin, in his recent book, to which reference has already been made, according to which a prominent factor in the recent depreciation of silver is the natural preference which... The Relation of Custom to Price - Page 113by Harry Jerome - 1918Full view - About this book
| James Laurence Laughlin - 1885 - 326 pages
...Without now asserting that one metal is more stable than the other in value, what I do assert is that monetary history reveals in every modern commercial...of commerce, whatever the reason may be, believes in gold. Nor will we say whether this belief is fortunate or not. It is our endeavor only to ascertain... | |
| James Laurence Laughlin - Business & Economics - 1895 - 324 pages
...Without now asserting that one metal is more stable than the other in value, what I do assert is that monetary history reveals in every modern commercial...of commerce, whatever the reason may be, believes in gold. Nor will we say whether this belief is fortunate or not. It is our endeavor only to ascertain... | |
| 1886 - 772 pages
...depreciation of silver is the natural preference which men have for gold over silver. To quote his words, " Monetary history reveals in every modern commercial...country a prejudice in favor of gold as against silver. . . . The world of commerce, whatever the reason may be, believes in gold. . . . Gold satisfies the... | |
| West (U.S.) - 1886 - 696 pages
...depreciation of silver is the natural preference which men have for gold over silver. To quote his words, "Monetary history reveals in every modern commercial...country a prejudice in favor of gold as against silver. . . - The world of commerce, whatever the reason may be, believes in gold .... Gold satisfies the desires... | |
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