...OF MONEY. MONEY is not, properly speaking, one of the subjects of commerce, but only the instrument which men have agreed upon to facilitate the exchange...the oil which renders the motion of the wheels more smooth and easy. If we consider any one kingdom by itself, it is evident that the greater or less plenty...

...evils of a contracted currency), if, in a word, money were to be regarded merely as " the instrument which men have agreed upon to facilitate the exchange of one commodity for another,"* and if it were to be issued just in such quantities as might be required to fit it for the efficient...

...3fe8. 83 " Money is not, properly speaking, one of the subjects of commerce, but only the instrument which men have agreed upon to facilitate the exchange of one commodity for another." Essay on Money, in Philosophical Works, vol. iii. p. 317. " It is, indeed, evident that money is nothing...

...388. 83) „Money is not, properly speaking, one of the subjects of commerce, but only the instrument which men have agreed upon to facilitate the exchange of one commodity for another." Essay on Money, in Philosophical Works, III, 317. „It is, indeed, evident that money is nothing but...

...388. 11 " Money is not, properly speaking, one of the subjects of commerce, but only the instrument which men have agreed upon to facilitate the exchange of one commodity for another." Etsay on Money, in Philosophical Work*, vol. iii. p. 317. " It is, indeed, evident that money is nothing...

...referred to, " properly speaking, one of the subjects of commerce, but only the instrument which all have agreed upon to facilitate the exchange of one...the oil which renders the motion of the wheels more smooth and easy." Had he, however, found it asserted by any other writer that corn, wine, and the flesh...

...referred to, "properly speaking, one of the subjects of commerce, but only the instrument which all have agreed upon to facilitate the exchange of one...commodity for another. It is none of the wheels of trude : it is the oil which renders the motion of the wheels more smooth and easy." Had he, however,...

...says HUME, " properly speaking, one of the subjects of commerce, but only the instrument which all have agreed upon to facilitate the exchange of one...the oil which renders the motion of the wheels more smooth and easy." Had he, however, found it asserted that corn, wine, and the flesh of sheep and oxen,...

...chain." Money, Hume considers not properly one of the subjects of commerce, but " only the instrument which men have agreed upon to facilitate the exchange of one commodity for another." In 1776 appeared in London the great work of Adam Smith, . the Scottish philosopher : " An inquiry...

...no want, answers no purpose — can bo neither eaten, drank, nor worn. — LAURIXS. It — money— is none of the wheels of trade , it Is the oil which renders the motion of the wheeli more smooth und easy. — HUME. . Then wonld he be a broker, and draw In Both wares and money,...