"Monetary system" Quotes from Famous Books
 ... notes or sovereigns out of his hand for less than six or seven per cent. Can there be a more convincing proof that the currency of the country has been unduly drained away, and that the present monetary system, which forbids any extension of it in paper when the specie is abstracted, is based on a wrong foundation? Nor is it surprising that the currency should be straitened when it is notorious that every packet ...
— Blackwood's Edinburgh Magazine, Volume 61, No. 378, April, 1847 • Various
... was no great increase in population, although in China perhaps no over-all decrease in population as in the Roman Empire; decrease occurred, however, in the population of the great Chinese cities, especially of the capital; furthermore we witness, in both empires, a disorganization of the monetary system, i.e. in China the reversal to a predominance of natural economy after some 400 years of money economy. Yet, this period cannot be simply dismissed as a transition period, as was usually done by the older European works on China. ...
— A history of China., [3d ed. rev. and enl.] • Wolfram Eberhard
... to carry it out would get himself dethroned. You can keep down a feudal aristocracy by levelling a few heads, but you can't subdue a hydra with thousands. And is it with the present ministers—between ourselves, a wretched crew—that you expect to carry out your reform? No, no; change the monetary system if you will, but do not meddle with men, with little men; they cry out too much, whereas gold ...
— Bureaucracy • Honore de Balzac
... ever set out upon its career with more perplexing tasks in front of it. The North had a monetary system; the South had to create one. The North had a scheme of taxation that produced large revenues from numerous sources; the South had to formulate and carry out a financial plan. Like the North, the ...
— History of the United States • Charles A. Beard and Mary R. Beard |
