Publisher's Synopsis
Excerpt from The Fluctuations of Gold, And, the Law of Payment
To undo the mischief which has been done would not recoup those who lost their fortunes by its demonetization, but a new class of per sons wholly unentitled to such a gratuity. But there is a higher ques tion involved than justice to individuals. That question relates to the Public Safety, which Grimaudet, in his exhaustive Law of Payment clearly proves is imperilled by any monetary system which pledges the government to the payment of special moneys, wheth er of gold, silver, or any other metal. Such a system can only be safely employed by a nation that commands the commerce of the world and its supplies of metal. Should this conclusion arrest public attention, Von Humboldt's admirable monograph will be ensured a new lease of life.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
