A Ready Reckoner of the World's Foreign and Colonial Exchanges: With the Aid of Less Than 2000 Figures Whereby 756 Tables of Exchange, Consisting of ... Each, Can Be Dispensed (Classic Reprint)

Excerpt from A Ready Reckoner of the World's Foreign and Colonial Exchanges: With the Aid of Less Than 2000 Figures Whereby 756 Tables of Exchange, Consisting of From 13, 800 to 200, 00 Figures Each, Can Be Dispensed

Perhaps it may be considered that among four or five vastly important questions which might be asked respecting the condition of any community, the following concerning currency are not the least important.

How does it effect its interchanges of commodities, services, and properties between its members, and as a community with other communities of the earth? Does it cut notches in a stick as a record of something of value in kind parted with or received, to be returned in the same or some other kind of equivalent value? Does it possess a measure of value? Are its proclivities and practice in favour of the use of paper instead of the weight of metal indicated by the paper? Are the weight and quality of the substance used of primary importance to it? Does it possess a scientific, automatic, metal monetary system? Has it an effective metal monetary cum coinage charge system? Does its system consist of inconvertible paper?

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