Appendix. N. VII. p. 208.

A Calculation to show why the Exchange should be about 1% higher in London than in Dublin, and why the Exchange in Dublin should be considered as the true Exchange.

A) pays Exchange 114£ Irish for bill in Dublin on London for £100 British . (Exchange here paid = £14 p.c. Irish) Es sind hier 114£ Irish = 100£ English.

Die gekaufte bill runs 21 days sight, or 30 date, which are deemed equivalent. A pays ready money for the bill, and does not receive payment for it for a month, making a loss of interest of about 10s. for A. When the bill becomes due, B. the agent of A purchases a bill in London at 115£ and remits it to A who does not receive the money for another month, by which he loses a month’s interest = 10s. Ausser den 14l. Exchange, zahlt er also 1£ an verlornem Interest. Er zahlt also in fact für die bill £115 (Irish) für 100£ English. B in London pays 100£ English for a bill in Dublin of 115£ Irish. He pays die 100£ English down; the bill has 30 days to run, he loses a month’s interest = 10sh. His agent in Dublin buys a bill on London, and remits it to him in return, at the Exchange of 14; ready money is paid for the bill, paid after month, loses one month’s interest = 10s. Er hat 115£ Irish gezahlt für 100£ St. Aber 1£ in Zins, welcher abgeht. The real value of the bill in Dublin in Irish money = £114 p. 100£ (English)


  • Inhaltsverzeichnis von Friedrich Engels
  • Heft II. 1869
  • The Daily News, 20. Mai 1869
    • Notiz
      • Kaufmannsrechnung. (Continuatio)
      • John Leslie Foster, (of Lincoln’s Inn): An Essay on the Principle of Commercial Exchanges. London. 1804.
      • Ch. Lyell. Principles of Geology. 7th ed. London 1847.
      • Otto Hausner: Vergleichende Statistik von Europa (Lemberg. 1865) II. Band.
      • Michael Thomas Sadler. M.P.: Ireland; its Evils and their Remedies. 2nd ed. London. 1829