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To distribute between them credits. At discussion of these plans a special emphasis alwaysBecame for roles of credit system and necessity of dispersal of establishments,
Credits responsible for distribution. ses
realisations, son application au probleme bancaire d'apresguerre. ", "Le Credit comme
Stimulant et Regulateur de I'lndustrie - La conception saint-simmonniene, See J. It Vergeot
Being a member of the Chamber of Deputies, and then - the Senate, Shevale possessed
Sufficient possibilities to draw the attention of the public to the
To views. Its position consisted in the following 4th, 1864, the letter in Le Journal des Debats,
On February: as free trade and principles laisser-faire Became the standard policy as the era of monopolies seemed irrevocably
Left, and a competition - useful to a society, burden of the proof of the thesis about
Volume that similar principles are not applicable to a banking, should lie
On those who this thesis supports, instead of on those who denies it. After all, on
The first sight, the impression that rejecting freedom in the bank was made Business rejected as well freedom of building of railways, and freedom Exchange in general. - knew, what is it was not so, and specified that supporters of the bank
Monopolies have not managed to explain the reason of the special distinctly enough yet
Relations to banks. It has proved an opposite position in the book The impressive sizes 1864, La Question des Banques ", which, however, not
Has brought anything new that has already been told about a subject earlier. The book almost
Entirely consisted of transposition of sights of other authors and comments Concerning political tendencies in bank sphere. However the contribution
Volovsky in theory development in France it is not necessary to underestimate, as
Among all French economists it was the most furious defender Uses of a discount rate for the control over monetary streams.
Now we have closely approached up the time of carrying out in France Bank Interrogation
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