Economics, Volume 1 |
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Contents
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Common terms and phrases
agricultural America amount applied average banks become better called capital cause cent changes circulation cities classes coins collected companies competition continued corporations cost demand deposits developed economic effect employers enterprises equal exchange fact farm favor Federal Reserve force give gold greater higher immigration important income increase individual industrial interest investment issued Italy kind labor land larger legislation less limited loans loss means methods monetary monopoly nature nearly notes operation organization party payments period persons political population possible practice premium present principle problem production profits protective railroad reduced result rise savings social standard tariff taxation theory things tion trade United usually various wages wealth whole workers
Popular passages
Page 181 - Believe me, no : I thank my fortune for it, My ventures are not in one bottom trusted, Nor to one place; nor is my whole estate Upon the fortune of this present year : Therefore my merchandise makes me not sad.
Page 367 - The payment to the employed of a wage adequate to maintain a reasonable standard of life as this is understood in their time and country. Fourth The adoption of an eight hours day or a forty-eight hours week as the standard to be aimed at where it has not already been attained.
Page 289 - The General Assembly shall provide by law for a uniform and equal rate of assessment and taxation ; and shall prescribe such regulations as shall secure a just valuation for taxation of all property, both real and personal, excepting such only for municipal, educational, literary, scientific, religious or charitable purposes, as may be specially exempted by law.
Page 111 - Commission to inquire into and report to Congress at the earliest date practicable, what changes are necessary or desirable in the monetary system of the United States or in the laws relating to banking and currency...
Page 22 - And I will bring the third part through the fire, and will refine them as silver is refined, and will try them as gold is tried: they shall call on my name, and I will hear them: I will say, "It is my people:" and they shall say, "The Lord is my God.
Page 364 - The abolition of child labour and the imposition of such limitations on the labour of young persons as shall permit the continuation of their education and assure their proper physical development.
Page 457 - farm", for census purposes, is all the land which is directly farmed by one person, either by his own labor alone or with the assistance of members of his household or hired employees. The land operated by a partnership is likewise considered a farm. A "farm...
Page 233 - After all that has been said of the levity and inconstancy of human nature, it appears evidently from experience that a man is of all sorts of luggage the most difficult to be transported.
Page 126 - Provided, That it shall establish a graduated tax upon the amounts by which the reserve requirements of this Act may be permitted to fall below the level hereinafter specified...
Page 401 - In order to realise these views, a Bill for the insurance of workmen against industrial accidents will first of all be laid before you, after which a supplementary measure will be submitted providing for a general organisation of industrial sick relief insurance.