ase of brass ase of brass

Number of posts : 3 Join date : 17.03.11

ase of brass

as at first; and the ase of brass from a pound to two oimcesj that is, from Is. to d. English.Silver coin, therefore, with the Romans, was money, not as possessing tory burch outlet intrinsic value, but from being declared, on the faith of the state, to be a remembrancer or token of an assumed value; and this value, which was first fixed at a much lower rate than subsequently, was, in each case, assigned it by an arbitrary act, which rendered its intrinsic value of so little consequence, that the Romans considered it what the terms moneta, symbolum, a token, indicate a mere substitute, or representative of value, convertible by common consent into other things, as truly as if it were so many pounds of brass, or ounces of silver.The precise meaning of money is therefore that of a token a symbol, a memorandum, in which character we shall consider it when we come to speak of symbolic money. In the meantime, it deserves to be noticed, that this very sense of a token of value, and not the reality, is that which many persons in the present day deny to money; while, on the other hand, they would invest it with that identical character, intrinsic value, which the origin and name of money prove it was never intended to possess. Mistakes in etymology are too common to be much regarded; but when, in opposition to common sense, they are persisted in, and acted upon, to the manifest injury of the community > they ought to be treated with somewhat more severity than merely speculative errors. Seldom, however, do men commit such an absurdity as to attribute to a thing that very quality which its name declares it to have been deficient in.Money, in the common acceptation of the word, is of two kinds, Real tory burch flats and Symbolic.Real Money consists of all those things which, in return for a sufficient inducement, are capable of being transferred from one person to another.Real money is synonymous with Property, Capital, and Stock. Such money had tory burch shoes its origin in the earliest conditions of tory burch sale the social state, as soon as the notions mine and thine were called into existence. Its essence is intrinsic value.The various metals, by weight, according to their estimation as articles of use or ornament, (and we read of " fine brass, precious as gold," the numberless works of human ingenuity, Money was considered in this light by the editor of w The Times," when he wrote the following passage :" England, by her corn laws and her severe timber duties, has put it out of the power of foreigners to pay for British manufactures in the only coin which is abundant with them, viz. their several raw productions."