Niles' Weekly Register Volume 1 pdf
Niles' Weekly Register Volume 1 pdf
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Author: Hezekiah Niles
Page Count: 504 pages
Published Date: 21 May 2012
Publisher: Not Avail
Publication Country: United States
Language: Englishhttps://d3by36x8sj6cra.cloudfront.net/assets/images/book/large/9781/2362/9781236237767.jpg
Type: Pdf
ISBN: 9781236372352
File Name: Niles'.Weekly.Register.Volume.1.pdf
Download Link: Niles' Weekly Register Volume 1
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1816 Excerpt: ...this may be, the money wanted by the public must be purchased at its market price. Whenever the amount wanted for the service of the year or the whole amount of alock in the market, shall exceed certain limits, it may be expected that legal interest will not be sufficient to obtain the sums required. In that case the most simple and direct is also the cheapest and safest mode. It app-ars much more eligible to pay at once the difference, either by a premium in lands, or by allowing a higher rate of interest, than to increase the amount of stock created, or to attempt any operation, which might injuriously affect the circulating medium of the country. This difficulty, and it is the only serious one which has been anticipated, will not, indeed, if analysed, ppear very formidable. For to take an extreme case, and supposing even forty millions of dollars to be borrowed at eight instead of six per cent, a year, th only difference would consist in the additional payment of eight hundred thousand dollars a year, until the principal was reimbursed; a payment inconvenient indeed, and to be avoided if practicable, but inconsiderable if compared either with the effects of other means of raising money, or with some other branches of the public expenditure. It appears from the preceding estimates, that no thing more may be strictly wanted for defraying, during the year 1812, the expenses as yet authorised by law than an authority to borrow a sum equal to that which may be reimbursed on account of the principal of the public debt. With a view to the ensuing years, and considering the aspect of public affairs presented by the executive, and the measures of expense which he has recommended, it has been attempted to show--1. That a fitted revenue of about nine millions...
Read online Niles' Weekly Register Volume 1 Buy and read online Niles' Weekly Register Volume 1 Download Niles' Weekly Register Volume 1 for pc, mac, kindle, readers Download to iPad/iPhone/iOS, B&N nook Niles' Weekly Register Volume 1 ebook, pdf, djvu, epub, mobi, fb2, zip, rar, torrent
Niles' Weekly Register Volume 1. Hezekiah Niles
Author: Hezekiah Niles
Page Count: 504 pages
Published Date: 21 May 2012
Publisher: Not Avail
Publication Country: United States
Language: Englishhttps://d3by36x8sj6cra.cloudfront.net/assets/images/book/large/9781/2362/9781236237767.jpg
Type: Pdf
ISBN: 9781236372352
File Name: Niles'.Weekly.Register.Volume.1.pdf
Download Link: Niles' Weekly Register Volume 1
---------------------------------------------------------------
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1816 Excerpt: ...this may be, the money wanted by the public must be purchased at its market price. Whenever the amount wanted for the service of the year or the whole amount of alock in the market, shall exceed certain limits, it may be expected that legal interest will not be sufficient to obtain the sums required. In that case the most simple and direct is also the cheapest and safest mode. It app-ars much more eligible to pay at once the difference, either by a premium in lands, or by allowing a higher rate of interest, than to increase the amount of stock created, or to attempt any operation, which might injuriously affect the circulating medium of the country. This difficulty, and it is the only serious one which has been anticipated, will not, indeed, if analysed, ppear very formidable. For to take an extreme case, and supposing even forty millions of dollars to be borrowed at eight instead of six per cent, a year, th only difference would consist in the additional payment of eight hundred thousand dollars a year, until the principal was reimbursed; a payment inconvenient indeed, and to be avoided if practicable, but inconsiderable if compared either with the effects of other means of raising money, or with some other branches of the public expenditure. It appears from the preceding estimates, that no thing more may be strictly wanted for defraying, during the year 1812, the expenses as yet authorised by law than an authority to borrow a sum equal to that which may be reimbursed on account of the principal of the public debt. With a view to the ensuing years, and considering the aspect of public affairs presented by the executive, and the measures of expense which he has recommended, it has been attempted to show--1. That a fitted revenue of about nine millions...
Read online Niles' Weekly Register Volume 1 Buy and read online Niles' Weekly Register Volume 1 Download Niles' Weekly Register Volume 1 for pc, mac, kindle, readers Download to iPad/iPhone/iOS, B&N nook Niles' Weekly Register Volume 1 ebook, pdf, djvu, epub, mobi, fb2, zip, rar, torrent