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A Plan for Realizing the Perfection of Money

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A Plan for Realizing the Perfection of Money

In Which It Is Demonstrated, That "paper Is Capable of Being Made, a Much More Perfect, True, and Unvarying Standard of Value, Than It Is Possible That Either Gold on Silver Can Be" (Classic Reprint)
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Excerpt from A Plan for Realizing the Perfection of Money: In Which It Is Demonstrated, That "Paper Is Capable of Being Made, a Much More Perfect, True, and Unvarying Standard of Value, Than It Is Possible That Either Gold on Silver Can Be" V. But any article of general consumption, to be used as money, would soon be found to be attended with great inconveni ences; being, for the most part, bulky, and of a perishable nature. These practical difficulties, would push men on another step in civilization; and they would look out for amoney, at least, not subject to the inconveniences they had already experienced; and especially, they would seek one that was portable, so that a large amount might be represented in a small compass and again, it would be required to be so divisible, that they might have parts small enough, to represent their smallest transactions; and lastly, it would be very important that it should be something permanent, something which would not readily deteriorate by decay. These three qualities, vim - portability, divisibility, and durability, would be. Seen, to be essentially necessary to a good medium of exchange, such as is here contemplated; but these qualities would not be found combined, in any article of general consumption hence, man would be forced upon the resources of his own mind, to discover something which would answer the purpose; and we know, that some nations, hit upon the expedient of adopting sea shells for their money; choosing such as were rare, and of a small size: and here, be it observed, we see exhibited a good deal of philosophy, and the establishment of a really excellent kind of a money; a money, based upon exactly the same principle, as gold and silver money is, and one really better suited to the state of society when it was adopted, than gold and silver is now to ours! About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Release date NZ
February 9th, 2019
Author
Audience
  • General (US: Trade)
Country of Publication
United Kingdom
Illustrations
3 illustrations
Imprint
Forgotten Books
Pages
24
Publisher
Forgotten Books
Dimensions
152x229x1
ISBN-13
9781333025373
Product ID
25629230

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