The Meaning of Money has 3 ratings and 2 reviews. Dina said: The whole business of business is often to sell unneeded things to people who have no money. The Meaning of Money [Hartley Withers] on *FREE* shipping on qualifying offers. This is a reproduction of a book published before The meaning of money. by Hartley Withers. [Withers. Hartley. ] on *FREE* shipping on qualifying offers.
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John marked it as to-read Jun 01, As Mr, Hartley Withers well puts it. Just a moment while we sign you in to meaningg Goodreads account.
John Murray, Physical Description xiv, p. Public Private login e. The assumption that the holder of the cheque-book can only draw against an actual deposit lf gold or bank-notes is, of course, largely a fancy.
Set up My libraries How do I set up “My libraries”? Books by Hartley Withers. Purchase of this book includes free trial access to www. Language English Dewey Number Found at these bookshops Searching – please wait Pedro Jorge marked it as to-read Jun 17, Quite an interesting book.
The machine is a miracle of ease and efficiency. And a process of painful evolution finally decided that gold was best fitted to be that commodity.
Before the bank-note won its way into circulation, such bankers as existed were chiefly goldsmiths and bullion dealers; they were sometimes loan mongers, collecting coin from one set of customers to lend it to another, or to discount bills for another, but it was only when they began to i Home All editions This edition, English, Book edition: This single location in Western Australia: But an enormous expansion of trade was made possible when it was discovered that gold could be economized by the use of paper which represented and multiplied it, and when confidence in a banker became sufficiently established to induce the community to circulate his promises to pay instead of pieces of metal.
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Trivia About The Meaning of Money. The Meaning of Money by Hartley Withers. The process of this evolution, also, was painful enough, and the loss and uncertainty caused by the bad and debased coin currency of the Middle Ages were rivalled by the ruin and disasters of the early days of banking, when notes hartle issued without any regard for the assets which were behind them, or the ability of the issuer to meet them on presentation.
Hartley Withers’s pithily expressed testimonial to English financiers, when he says: Ada rated it it was amazing Aug 28, Terrence marked it as to-read Feb 03, Separate different tags with a comma. Skip to content Skip to search.
University of Western Australia Library. As Mr, Withers clearly shows, and as we all know, the principal transactions of commerce are conducted without the direct use of gold at all.
Sunil Dhillon marked it as to-read Aug 26, Tags What are tags? To see what your friends thought of this book, please sign up. This is an OCR edition with typos. To include a comma in your tag, surround the tag with double quotes.
It is in this way that the quantity of gold in a country affects—we cannot say determines—the quantity of currency. Physical Description xiv, p. Zoom page 22 May Howard added witbers Mar 08, It also talks about how we should see and rethink the meaning of money differently.
Hartley Withers’s useful book on The Meaning of Money, which is intended, as he says in the preface, witehrs give the ‘ordinary man the means of. We were unable to find this edition in any bookshop we are able to search. Nevertheless, the appearance of the bank-note marks the first step in the development of banking as we understand it nowadays, that is, of a machinery for the manufacture of credit.
As a final word we cannot resist the temptation’ of hhe Mr. He explicitly proved that banks thrive on public confidence.