… As a preventive measure, proponents of the law, the Monetary School (Lord Overstone (SJ Lloyd), R. Torrens, GW Norman, etc.), argued that since excessive issuance of banknotes was the cause of depression, it was essential that issuing power be concentrated in the Bank of England, and that the amount of issuance be increased or decreased in accordance with the amount of gold held by the bank. … *Some of the terminology that refers to "Lord Overstone" is listed below. Source | Heibonsha World Encyclopedia 2nd Edition | Information |
… この予防策として法律賛成派たる通貨主義論者(通貨学派。オーバーストーン卿(S.J.ロイド),R.トレンズ,G.W.ノーマンら)は次のように説く。銀行券の過剰発行こそが恐慌の原因であるから,発行権をイングランド銀行に集中し,しかも発行量を同銀行の金(きん)保有量にともなって増減させることが肝要である。… ※「オーバーストーン卿」について言及している用語解説の一部を掲載しています。 出典|株式会社平凡社世界大百科事典 第2版について | 情報 |
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