In see article cotton spinning, no single firm far and permanently outstrips the others.
And this is a grave error. These consequences, whether desirable this page or not, have very little to do this page with currency questions. Nothing would persuade the English people to abolish the Bank here of England; and if some calamity swept it away, generations must elapse before at all the same trust would be placed in any other equivalent.
In other commodities all the large dealers fix their own price; they try to underbid one another, and that keeps down the price; they try to get as much as they can out of the buyer, and that keeps up the price.
. I trust that will not long be delayed; for when it comes, it will obliterate all the mistakes, all the inconveniences, all the artificialities, of our this link present position. Brunyate in the Legislative Council (February 25, 1910), speaking in reply to the similar line of argument brought forward by the Bombay mill–owning interests in connexion with the imposition in 1910 of a duty on silver.
There was a Diving Company, which undertook to bring up precious effects from shipwrecked vessels, and which announced that it had laid in a stock of wonderful machines resembling complete suits of armour. Unless, therefore, in times without precaution the actual reserve exceed the ‘apprehension minimum’ by at least the amount which may be taken away in the inevitable interval, this article and before the available precautions begin to operate, the rule prescribed will be infringed, and the actual reserve will be less than the ‘apprehension’ minimum. 4d.
Thus the financial officers of Government spend five years or so in mastering a difficult subject and have see article then reached a seniority which warrants promotion to duties of some other kind.