 | William Frederick Spalding - 1921 - 208 ページ
...stimulating exports, corrected the adverse trade balance which was the primary cause of the difficulty. 6. When apart from a foreign drain of gold, credit at...automatically regulated so as to prevent excessive imports ; and the creation of banking credit was so controlled that banking could be safely permitted... | |
 | Alfred Herbert Gibson - 1921 - 516 ページ
...and for retail transactions. Tn this case also the demand for such currency fell upon the reserves of the Bank of England, and the Bank was thereupon...automatically regulated so as to prevent excessive imports ; and the creation of banking credit was so controlled that banking could be safely permitted... | |
 | 1922 - 860 ページ
...rise in domestic prices which ultimately causes such a drain. The expansion of credit, by forcing urj prices, involves an increased demand for legal tender...automatically regulated so as to prevent excessive imports; and the creation of banking credit was so controlled that banking could be safely permitted... | |
 | John Rotherford Bellerby, International Association on Unemployment - 1923 - 142 ページ
...rate keeps the English price level in tune with world price levels. Speaking of this long established system the report says : When apart from a foreign...automatically regulated so as to prevent excessive import. "Professor Knut Wicksell of Sweden has, for many years, advocated a more extensive use of this regulative... | |
 | John Rotherford Bellerby, International Association on Unemployment - 1924 - 132 ページ
...credit, by forcing up prices, involves an increased demand for legal tender currency both horn ihe banks in order to maintain their normal proportion...automatically regulated so as to prevent excessive import. "Professor Knut Wicksell of Sweden has, for many years, advocated a more extensive use of this regulative... | |
 | Benjamin Haggott Beckhart - 1924 - 624 ページ
...credit at home threatened to become unduly expanded, the old currency system tended to restrain tbe expansion and to prevent the consequent rise in domestic...automatically regulated so as to prevent excessive imports; and the creation of banking credit was so controlled that banking could be safely permitted... | |
 | Benjamin Haggott Beckhart - 1924 - 628 ページ
...speculative trade activity was similarly restrained. There was therefore an automatic machinery I'}- which the volume of purchasing power in this country...automatically regulated so as to prevent excessive imports : and the creation of banking credit was so controlled that banking could be safely permitted... | |
 | Ernest Sykes - 1925 - 328 ページ
...stimulating exports, corrected the adverse trade balance which wa? the primary cause of the difficulty. " When apart from a foreign drain of gold, credit at...automatically regulated so as to prevent excessive imports ; and the creation of banking credit was so controlled that banking could be safely permitted... | |
 | 1925 - 874 ページ
...prevent the fall in the proportion of that reserve to its liabilities. The same chain of consequence as we have just 'described followed and speculative...prices of commodities in general. Domestic prices v,-ore automatically regulated so as to prevent excessive imports ; and the creation of banking credit... | |
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... in order to maintain their normal proportion of cash to liabilities and from the general public for the payment of wages and for retail transactions. In this case also the demand for such currency fell upon the reserve of the Bank of England, and... 
