Word: bk
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Dates: during 1890-1899
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Best general references: Report of Tax Commission; Seligman's "Essays on Taxation," Ch. IV, V, VIII; Bastable, "Public Finance," Bk. III, Ch. III, Bk. IV, Ch. 7 and 9. Leroy-Beaulieu, "Sciences de Finances," II, Bk. II. Dr. Max West, (Columbia Coll. Studies), "Inheritance Tax"; Richard Ely, "Taxation in American States and Cities...
...that labor alone productive which produces utilities fixed and embodied in material objects? (See Marshall, Principles of Economics, Bk. II, Chap...
...retirement of the greenbacks would be injurious.- (a) Panic would follow contraction.- (1) Contraction of currency means a lowering of prices: Mill. Pol. Econ. Bk. III, ch. 8.- (2) Debtors would be injured.- (x) They would have to pay in an appreciated currency: Macvane, Pol. Econ. 123.- (3) Farmers would be injured.- (x) Many of them in debt.- (y) Prices of their commodities would be lowered.- (4) Business would stagnate.- (b) If legal tenders were redeemed at an early date, there would be substituted an interest bearing debt for a non-interest bearing debt.- (1) In past 17 years...
...silver as money is most desirable. - (a) Silver and gold the only suitable money metals: Mill, bk. III, ch. 8. - (b) Gold is insufficient: see above I, (a) 1. - (c) Silver in relation to commodities a more stable standard than gold: Amer. Jour. Soc. Sci. XXXII, 27; Sen. Stewart in Cong. Record, XXV, App. 158-159 - (d) Silver and gold together a non-fluctuating standard: McCulloch, p. 21. - (e) Silver will eventually become standard money metal of the world. - (1) Exhaustion of gold mines. - (2) Increased use of gold in the arts: Suess, 100-101. - (f) Present suspicion of silver...
...COOKE and W. E. HUTTON.Best general references: Henry George, Progress and Poverty; Ricardo, Political Economy, Chaps. 24, 32; J. S. Mill, Political Economy, Bk. V, Chap. 3, S 3; Public Opinion IX, 523 (Sept. 13, 1890); Westminster Review, Vol. 137, p. 513 (May, 1892); R. T. Ely, Taxation in the United States; Report of Conference of Am. Soc. Sci. Asso. for 1890; Herbert Spencer, Social Statics, Chap...