 | Charles de Secondat baron de Montesquieu - Equality - 1750 - 512 pages
...fcarcity of fpecie in different countries forms what is called the courfe of exchange. Exchange is a fixing of the actual and momentary value of money. Silver, as a metal, has a value like all other merchandifes, and an additional value as it is capable of becoming the fign... | |
 | William Gordon (of the Academy, Glasgow.) - Bookkeeping - 1770 - 494 pages
...cuftoms concerning it, fhall be particularly infifted on in the fecond volume* Exchange may likewife be defined, a fixing of the actual and momentary value...money. Silver, as a metal, hath a value like all other merchandises ; but as it is capable of becoming the fign of all other merchandifes, or the medium by... | |
 | William M. Finlay - Accounting - 1803 - 272 pages
...in this Problem, viz. how to reduce the money of one country into that of another. It may likewise be defined a fixing of the actual and momentary value of money. Gold and silver, as metals, have their intrinsic -value ; but, as they are capable of becoming the... | |
 | Charles de Secondat baron de Montesquieu - Evolution - 1899 - 472 pages
...scarcity of specie in different countries forms what is called the course of exchange. Exchange is a fixing of the actual and momentary value of money. Silver as a metal has value like all other merchandise, and an additional value as it is capable of becoming the sign... | |
| |
I shall presently speak more at large. 10. Of Exchange. The relative abundance and scarcity of specie in different countries forms what is called the course of exchange. Exchange is a fixing of the actual and momentary value of money. Silver as a metal... 