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Inter-Temporary Values; Or, the Distribution of the Produce in Time

Inter-Temporary Values; Or, the Distribution of the Produce in Time


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About the Book

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. 1906 Excerpt: ...equitable adjustment, an authoritative register of the prices of all articles of physical wealth, and of the variations of such prices in time. Of course we need the artificial measure of value--money, just as we need the artificial measure of time--chronometer; but as we do not rely solely upon the artificial measure of time in determining standard time, the unequivocally correct time of day, neither should we rely solely upon the artificial measure of value in determining standard values the unequivocally correct values of commodities, adjusted according to their variations in time. Certainly, the magnitude of the interests involved makes the daily determination of standard value a matter of public importance equal to the daily determination of standard time. If wealth can be set aside for the employment of astronomical experts, for the equipment of time observatories in order that standard time may be determined daily with unerring certainty, wealth cannot be wanting; wealth can also be set aside for the employment of economical experts, for the equipment of a department of values, to be added to the Board of Trade or Treasury of every nation, in order that, by means of the daily publication of an official standard price current, which shall be the daily particular average of the price of the standard unit of each staple article of commerce on the principal national exchanges, the variations of inter-temporary values, as manifested in the difference between the price of the standard unit of any staple article of commerce at the maturity or termination, of an intertemporary transaction, as compared with this price at the commencement or date of such transaction, may be equitably adjusted and standard value determined with unerring certainty. Of values dis...


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Product Details
  • ISBN-13: 9781130045888
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 24
  • Spine Width: 1 mm
  • Width: 189 mm
  • ISBN-10: 1130045889
  • Publisher Date: 01 Mar 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 64 gr


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