PAPER MONEY

THE MONEY OF CIVILIZATION, AN ISSUE BY THE STATE, AND A LEGAL TENDER IN PAYMENT OF TAXES.


by

James Harvey





LONDON:
Provost & Co., 36, Henrietta St., Covent Garden.
1877.



" The intricacy of the question has been much increased by the hitherto necessary use of marketable commodities, such as gold, silver, salt, shells, etc., to give intrinsic value and security to money;  but the final and best definition is, that it is a documentary promise, ratified and guaranteed by the nation, to give or find a certain quantity of labour or the results of labour." —John Ruskin.

"Whether, in the rude original of society, the first step was not the exchange of commodities;  the next, the substitution of metals by weight as the common medium of circulation;  after this, the making use of coin lastly, a further refinement by the use of paper with proper marks and signatures ?  And whether this, as it is the last, is not also the greatest improvement ?" —Bishop Berkely's "Querist."