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exontaryvalueofney
silverasatalhasvaluelikeallotherrerererchandise；ituchofitsvalue
silver；asney；hasavalue；erespectscanfix；andinotherscannot
1theprinequantityasney；2hefixestheproportionbetetalsdeuseofasney3heestablishestheoneyinfine；4；hegivestoeverypieaybefixedbylaw
theinofeverystatehas；besidesthis；arelativevalue；asitisparedoneyofotheruntriesthisrelativevalueisestablishedbytheexerchants；neverbythedecreesoftheprince；becauseitissubjecttoincessantvariations；anddependsonathousandaccidents
theseveralnations；infixingthisrelativevalue；areostproperfortheotherstoregulatetheirsbyherstandard：andtheregulationbetadehthisprincipalnation
intheactualstateoftheglobe；hollandisthenationiheurseofexchangehrelationtoher
theyhaveinhollandapieoneyagihattheyhavenotanysuoneyinhollandasaflorin；andthattheyhavenootherbutthegros：aninedbyourknoanygroseverypieoneyinotheruntriesisnlyretoknoanygrosarentainedinacrooregros；ifplentiful；ithless
thissple；ninfranceandscarceinholland：andviceversa
letussupposethattheurseofexhisbutasthereissodistanthus；inordertojudgeoftheshollandthantherearefroranycroorethanfiftyfourgros；otherparthit；andviceversa
thusthevarioustusintheurseofexanacuntofdebtorandcreditor；ustbefrequentlysettled；andoredischargebyexchangethananindividualcanpayadebtbygivingchangeforapieceofsilver
stancebothinspainandfranceshouldcauseeachtoarks；butfrancearksinspain；andthespaniardsarks；alluponspain
butifhollandustpayhertenthousandrks；thefrenarkstospain
henofneytoanotheruntry；itisindifferent；inthenatureofthething；ethodssolelydependsonaoney13
oneyofthesastandardandoneyofthesastandardandinholland；hattheexchangeisatparintheactualstateofspecie14theparisnearlyatfiftyfourgrostothecroheexchangeisabovefiftyfourgros；ishigh；h；islow
inordertoknoustbensideredasdebtorandcreditor；asbuyerandsellerheexchangeisbelolosesasadebtor；andgainsasacreditor；itlosesasabuyerandgainsasaselleritisobviousitlosesasde
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第129节
btor；suppose；forexale；franberofgrosthereareinaenuerofgrostopureryrberofgros；ireceivethenrecroecroberofcrooneyiso；theyheysell；theylose；andiftheybuy；theygain
itispropertopursuethissople；ifitbeatfiftyinsteadoffiftyfour；itshouldfolloerorethanoneseventh；sothatfranerabove；iftheexuniannerthefrenererchanthenbothbelosers；thestateoabalance；andtheloheexchangebeattendedhallthoseinnveniencesofear
archantysendhisstockintoaforeignuntryheexchangeisbelohoutinjuringhisfortune；because；retus；herevershehadlost；butaprinceoaforeignuntryu；isalwaysaloser
ertheirenteringintonyengagents；buyinggreatquantitiesofrchandise；anddra
aprinaybereallysuchrchandisetoaforeignuntry；theexchangehoughspeciebescarce
theexirelandtoenglandisbelopoundratioofthatofirelandtoengland；andthatofenglandtoholland；foradutchrchantireland；bystanceshesethings；andthedifferentprofitofdraher；nstitutestheparticularartanddexterityofthebankers；belongtothepresentsubject
berofgrosustnotbeiutedasaneffectoftheregulationitself；buttothenoveltyandsuddennessoftheaffairtheexchangeadherestoe
etakenupinpassingagainthroughthenttherearetoneythelarge；all；oney；andbillsofexeoftheheiresobligedtokepayntsustrise；beediatelyprove；headvantagebyprocuringtheoldtheexchangeshouldthenbefixed；asi
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第130节
havealreadysaid；bet；beeadvantageastheyuldreanygrosinholland；andinretu；aregularexchangealittleloanycroofrance
supposethatthreelivresoftheoldinyieldbytheaecro；andthebankershthe
toredythis；neeasuresstbetakenthestateanygrosforacroe；forallthebankersptedtosenditabroad；becauseoftheexpenseofcarriageandthedangerofnfiscation
itisfitthatployedbythestate；proposesbillsuponholland；andgivesthetone；tadeaprovisioninaforeignuntry；byansoftheoldspeeanti；bydisposingofhisbills；heseizesonalltheneentstoke；toint；and；asheinsensiblyobtainsallthespebillsofexeasureforthelosshesufferedatthebeginning
itisevidentthatduringthesetransaustbeinadangerousderate；theinnveniencesincreaseinproportion
aybedebysendingitabroad；forthesareason；ishigherthanthespecie；thereisprofitincausingittoretu
butthereisa；aybedeofit；heritbecirculatedintheuntryorpaidforforeignbills
ifapanyhasbeenereestateestablishedabank；theoffioney；；itthenatureofthings；thatthesesharesandthesebillsennerastheyarosestoeansofproosteasyovingitfroo；oveyingititapartoftheireffeittanustloeofthesysteinproportiontothestandardandeney；theyorethanthirtyninegrosforacroerhirtyeight；thirtyseven；&cthisproceededsofar；thatafteraheyeightgros；andatlastthereall
theexchangeoughtinthiscasetohaveregulatedtheproportionbetadeinpaper；thecrohreelivresinpaperhonlyeightgros；thedifferencehsthecrohreelivresinpaperhenhfourfifthslessthanthecrohreelivresinsilver
11oftheproanses；inistrationoftinisters；stillitans；notatthetiuethattheydisputedforeirehthecarthaginians
andhereialeasedthatihaveanopportunityofexaningreatter；thatnoexaleybetakenfroanneverjustlybecalledone
inthefirstpunirethanonethisretrenchntansacroaketething
theyhaveleftusnonuntofthennerinansndupossibilityofpayingherdebts：theasadetheasofanouneanspaidthevalueofadenariususthavegivenagreatshocktothestate；theyhereforetobreaktheforceofitasheyulditselfunjust；andi
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第131节
tadeasendstepnecessaryiterchandiseoneyhtheothesequencesareobvious
theronsthenndustancesthanours
12theanypoetheiretheydeuseofnonebutppeey；anditoney：21theydedenariiofthistalofthevalueoftenases；22ortenpoundsofpperatthattitheproportionofsilverandenariusedenariusoneeighthofanounceofsilver；23thisproducedtheaboveproportion
ebeadeuseofasney
thepeaeasurestoreducethedenariusfroadeas1to128
ifineintothenduans；sogreatasininganyextraordinaryoperation
13properorsintheinishingit：initsundertheeerors；theyproethod；inishedtheevilingtotouchittheyinutionofthepay；orofthegratuity；itinished
edalsoneyisntionedinafragntofthe77thbookofdio27
didiusjulianfirstbegantodebaseitorethanhalf；thatofalexanderseverusofteofgallienusnothingobeseenbutppersilveredover30
itisevidentthatsuightdeperors；hedebasedthesilverineffectual
14hoitsdespotiercedependedonthatoftheexchange；andthetransactionsenthallitslaws
in1745th