An Inquiry into the Principles of Political Oeconomy (Vol. 2 of 2): Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxesSteuart, James, Sir
General
An Inquiry into the Principles of Political Oeconomy (Vol. 2 of 2): Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxes
Steuart, James, Sir
Economics
QUEST. 9. What is the best form to be given to coin? —
Difference between medals and coins, —
Of indenting the impression, —
The less the surface, the wearing is the less, 68
The advantage of having heavy pieces for the greatest part —
of the coin: yet small denominations are useful in some
cases, for preventing the rise of prices,
Mixed metal better than copper for small denominations, as —
appears from the practice in Germany,
Mixed metal never to be bagged up with fine, 69
CHAP. VII. Of the regulations observed in France, with regard 70
to coin, bullion, and plate,
The marc is the unit of French weight at the mint, —
The remedy of weight upon silver, what? —
The standard of fineness is 11 fine to 1 of alloy, —
Remedy of alloy, what? —
Quantity of fine silver in a marc, as it is delivered at 71
the mint,
Into what coined, —
Mint price of a marc of fine silver, —
The price of coinage 8⅕ _per cent._ upon silver, —
Remedy of weight upon gold, —
The fineness of standard gold, 72
The remedy of alloy upon gold, —
The marc into what coined, —
Mint price of a marc of fine gold, —
The price of coinage 8⅕ _per cent._ upon gold, —
Which no way stops the mint, —
Of the proportion of the metals, 73
How to discover it, —
The proportion is as 1 to 14.47, —
Gold contained in a louis d’or, and silver in a crown of 6 —
livres,
Proportion of a French grain to a troy grain, —
Proportion between the louis and the guinea, 74
Of the fineness of French wrought plate, —
Goldsmiths profit by the imposition of coinage, 75
And never find the mint in competition with them for the —
metals,
Advantages of the French regulations, —
High price of bullion in the Paris market during the year 76
1760,
Present state of the wearing of the French silver coin, 77
CHAP. VIII. Of the regulations observed in Holland, with regard 78
to coin and bullion,
Present state of the Dutch currency, —
Regulations in the Dutch mint, 79
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