Amerikareise deutscher Gewerkschaftsführer

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Monograph

Identifikator:: 1690625112

URN:: urn:nbn:de:zbw-retromon-103086

Document type:: Monograph

Title:: Amerikareise deutscher Gewerkschaftsführer

Place of publication:: Berlin

Publisher:: Verl.-Ges. des Allg. Dt. Gewerkschaftsbundes

Year of publication:: 1926

Scope:: 256 S., [1] Bl.; Ill., Kt., Graph. Darst.

Digitisation:: 2020

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: I. Kapitel. Die Wirtschaft der Vereinigten Staaten

Collection:: Economics Books

VALUE OF NOTES - » doubtful heap of metal which may or may not amount to what he says it does, he is able to offer a certificate or note which will entitle the holder who accepts it to something much more definite : all that is required is that the certificate or note should be made out in such a form that banding it over from one person to another—deliverv +11 transfer the ownership of the certified quan* money, and the certificate is then an actual’ tum of exchange than the coin itself, and = metorelly a demand for it, it becomes sre jt is“ paper currency.” But even if the coinage is above reproach, a demand for paper currency can scarcely fail to arise. To keep a large amount of money in coin is to keep a bulky article which offers peculiar attraction to thieves on account of its retcining its value when it has lost its form, so that it cannot be identified. It is natural that any man who has no convenient strong-room will wish to deposit any considerable sum in some safe place and take a receipt for it; as one good coin is as good as another, he will not ask the person with whom he deposits the coin to promise to give him back the actual coins deposited—a promise to pay ““ the sum ” deposited will suffice. Provided the written promise is in such a form that handing it over will transfer the owner’s claim on the person who has the coin to the new holder, it is evident that when the owner wants to make a large payment he will do well to hand over the promise instead of fetching out the coin from deposit, and the person whom he is paying will do well to aceon’ .. Tt will clearly be convenient in view of sur ~--sit'lirles *hat the person with whom ‘he « ~ ~ 7 7’? make out his promises ‘=~ ‘100, and so on, SO tla. wove 2er to make un anv parties’. hig is

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