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" Where the experiment has been made directly by government, excessive issues have quickly ensued, and depreciation has been the immediate consequence. Where the experiment has been attempted through the agency of banks, it has invariably failed. In both... "
International Monetary Conference Held in Paris, in August, 1878: Under the ... - Page 525
1879 - 918 pages
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The Pamphleteer, Volume 17

Great Britain - 1820 - 606 pages
...attempted through the agency of banks, it has invariably failed. In both cases, instead of being "used as a mean of supplying a cheap and stable currency invariably...principles upon which such a currency, to be stable roust be founded. Instead of salutary restraints being imposed upon the monied institutions which have...
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The Pamphleteer, Volume 17

Abraham John Valpy - Great Britain - 1820 - 612 pages
...invariably failed. In both cases, instead of being used as a mean of supplying a cheap and itable currertcy invariably regulated by the demand, for effecting...principles upon which such a currency, to be stable roust be founded. Instead of salutary restraints being imposed upon the monied institutions which have...
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The Pamphleteer, Volume 17

Abraham John Valpy - Great Britain - 1820 - 614 pages
...has invariably failed. In both cases, instead of being used as a mean of supplying a cheap and (table currency invariably regulated by the demand, for effecting...and convenience of society, it has been employed as ajlnancial resource, or made the instrument of unrestrained cupidity. In no case has any attempt been...
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Reports of the Secretary of the Treasury of the United States...[1790-1828].

United States. Department of the Treasury - 1829 - 548 pages
...has invariably failed. In both cases, instead of being used as a mean of supplying a cheap and stabje currency, invariably regulated by the demand, for...must be founded. Instead of salutary restraints being imposed upon the monied institutions which have been employed, the vital principle of whose being is...
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Reports of the Secretary of the Treasury of the United States ..., Volume 2

United States. Department of the Treasury - Finance - 1837 - 544 pages
...attempted through the agency of banks, h has invariably failed. In both cases, instead of being used as a mean of supplying a cheap and stable currency, invariably...the instrument of unrestrained cupidity. In no case lias any attempt been made to determine the principles upon which such a currency, to be stable, must...
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Reports of the secretary of the treasury. To which are prefixed the reports ...

United States treasury dept - 1837 - 640 pages
...as a mean of supplying a cheap and stuhle currency, invariably regulated by the demand, lor enacting the exchanges required by the wants and convenience...instrument of unrestrained cupidity. In no case has nny attempt been mude to determine the principles upon which such a currency, to be stable, must be...
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Senate Documents, Otherwise Publ. as Public Documents and ..., Volume 5

United States. Congress. Senate - United States - 1879 - 998 pages
...attempted through the agency of banks, it has invariably failed. In both cases, instead of being used as a mean of supplying a cheap and stable currency, invariably...must be founded. Instead of salutary restraints being imposed upon the monied institutions which have been employed, the vital principle of whose being is...
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The Legal Tender Problem

Percy Kinnaird - Banks and banking - 1904 - 346 pages
...the agency of banks, it has invariably failed. ... In both cases, instead of being used as a means of supplying a cheap and stable currency, invariably...effecting the exchanges required by the wants and conveniences of society, it has been employed as a financial resource, or made the instrument of unrestrained...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 2

United States. Congress. House - United States - 1386 pages
...through the agency of banks, it has invariably failed. In both cases, instead of being used as a means of supplying a cheap and stable currency, invariably...must be founded. Instead of salutary restraints being imposed upon the moneyed institutions which have been employed, the vital principle of whose being...
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British and Foreign State Papers, Volumes 6-7

Great Britain. Foreign Office, Great Britain. Foreign and Commonwealth Office - Great Britain - 1834 - 1142 pages
...attempted through the agency of Banks, it has invariably failed. In both cases, instead of being used as a mean of supplying a cheap and stable currency, invariably...currency, to be stable, must be founded. Instead of talntary restraints being imposed upon the monied Institutions which have been employed, the vital...
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