The Works of John Locke, Volume 5 |
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Page 38
Why it is not regulated by the legal use is manifest , because the rate of money
does not follow the standard of the law , but the price of the market : and men , not
observing the legal and forced , but the natural and current interest of money ...
Why it is not regulated by the legal use is manifest , because the rate of money
does not follow the standard of the law , but the price of the market : and men , not
observing the legal and forced , but the natural and current interest of money ...
Page 83
For example : supposing , according to the standard of our law , 5s . or a crown ,
were to weigh an ounce , ( as it does now , wanting about 16 grains ) whereof
one - twelfth were copper , and eleventwelfths silver , ( for thereabouts it is ) it is ...
For example : supposing , according to the standard of our law , 5s . or a crown ,
were to weigh an ounce , ( as it does now , wanting about 16 grains ) whereof
one - twelfth were copper , and eleventwelfths silver , ( for thereabouts it is ) it is ...
Page 84
... required by the present standard , changed into copper , and should thus , by
law , be made current ; ( the rest of your silver money being kept to the present
standard in weight and fineness ) it is plain , those species would be raised one ...
... required by the present standard , changed into copper , and should thus , by
law , be made current ; ( the rest of your silver money being kept to the present
standard in weight and fineness ) it is plain , those species would be raised one ...
Page 85
If we had groats , or sixpencen , current by law amongst us , that wanted one -
third of the silver , which they now have by the standard , to make them of equal
value to our other species of money ; who can imagine , that our neighbours
would ...
If we had groats , or sixpencen , current by law amongst us , that wanted one -
third of the silver , which they now have by the standard , to make them of equal
value to our other species of money ; who can imagine , that our neighbours
would ...
Page 86
That a shilling shall weigh onefifth of a crown - piece , and a penny - weight one -
twelfth of a shilling , in standard silver ) but out of every one of these you abate
one - twentieth of the silver they were wont to have in them . If all the species of ...
That a shilling shall weigh onefifth of a crown - piece , and a penny - weight one -
twelfth of a shilling , in standard silver ) but out of every one of these you abate
one - twentieth of the silver they were wont to have in them . If all the species of ...
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Adam Adam's allowed amongst answer authority beginning belonged body bound bring brought bullion called carried cent clipped coin comes command common commonwealth consent consider crown descending distinct dominion earth England equal exchange executive father fatherhood follow force foreign gave give given gold grant greater hands hath heir hundred inheritance interest judge keep king labour land law of nature legislative less liberty living lord mankind master means measure ment monarch nature necessary never obedience original ounce parents pass paternal person pieces plain political possession present preservation princes prove quantity raising reason receive rest rule shillings silver society sons standard succession suppose taken tells thing thought trade true weight whole worth