Select Tracts and Documents Illustrative of English Monetary History 1626-1730
Author: William Arthur Shaw
Publisher:
Published: 1896
Total Pages: 278
ISBN-13:
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Author: William Arthur Shaw
Publisher:
Published: 1896
Total Pages: 278
ISBN-13:
DOWNLOAD EBOOKAuthor: William Arthur Shaw
Publisher:
Published: 1967
Total Pages: 214
ISBN-13:
DOWNLOAD EBOOKAuthor: Wm. A. Shaw
Publisher:
Published: 1935
Total Pages: 214
ISBN-13:
DOWNLOAD EBOOKAuthor: William A. Shaw
Publisher:
Published: 1967
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: William Arthur Shaw
Publisher:
Published: 2016-06-19
Total Pages: 274
ISBN-13: 9781332831456
DOWNLOAD EBOOKExcerpt from Select Tracts and Documents Illustrative of English Monetary History, 1626-1730: Comprising Works of Sir Robert Cotton; Henry Robinson; Sir Richard Temple and J. S.; Sir Isaac Newton; John Conduitt Of quite modern times. More brie y still, it is an illustration of the action of Gresham's Law, through that period of our monetary history in which it is most instructive to watch the action of that law. There are, however, two objections to the use of this term, Gresham's Law. In the first place, the principle enunciated in an adage by Sir Thomas Gresham, had been known and acted upon for centuries before Gresham's time. And, in the second place, the form of Gresham's adage is not to my mind completely satisfactory. Instead of saying that bad money drives out good, he should have said that under the medieval European currency system bad money was allowed to buy up good money. It' is not true that bad money drives out good. Such a principle would imply a conscious and deliberate choice or election, on the part of the community at large, of bad before good money. What would have been true to say is, that, given in one country an imperfect currency system, in which two elements of unequal value are concurrently circulating, and given no specific law of tender, and given no law for the withdrawal of worn or clipt specie, and given, with all this, another similarly imperfect currency system, in one or more countries near at hand, then the merchant exchanger, whether Italian or Jew, had close to his hand all the elements of an easy bargain. He could buy up the good money by means of the bad, or the unwo'rn money by means of the worn, or the more valuable money of one metal by means of the less' valuable money of the other metal. He could in a retail way sell piece by piece the coin of one country to another country. The most real and ample illustra. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works."
Author: William Arthur Shaw
Publisher:
Published: 2015-02-18
Total Pages: 262
ISBN-13: 9781297240249
DOWNLOAD EBOOKThis work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Author: William Arthur Shaw
Publisher:
Published: 1896
Total Pages: 214
ISBN-13:
DOWNLOAD EBOOKAuthor: William Arthur Shaw
Publisher: Franklin Classics Trade Press
Published: 2018-10-31
Total Pages: 266
ISBN-13: 9780344598838
DOWNLOAD EBOOKThis work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Author: William Arthur Shaw
Publisher:
Published: 1896
Total Pages: 244
ISBN-13:
DOWNLOAD EBOOKAuthor: William Arthur Shaw
Publisher:
Published: 1967
Total Pages: 214
ISBN-13: 9780470013748
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