The Works of John Locke, Volume 5 |
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Page 17
... foreigners is not brought into the land by ready coin , or bullion , but by goods , or bills of exchange , and , when it is paid , must be returned by goods , or bills of exchange ; and there will not be the less money in the land .
... foreigners is not brought into the land by ready coin , or bullion , but by goods , or bills of exchange , and , when it is paid , must be returned by goods , or bills of exchange ; and there will not be the less money in the land .
Page 18
not goods for which our merchants have money due to them in Holland , how can it be paid by bills of exchange ? And for goods , one hundred pounds worth of goods can nowhere pay two hundred pounds in money . This being that which I find ...
not goods for which our merchants have money due to them in Holland , how can it be paid by bills of exchange ? And for goods , one hundred pounds worth of goods can nowhere pay two hundred pounds in money . This being that which I find ...
Page 19
It is ridiculous to say , that bills of exchange shall pay our debts abroad : that cannot be , till scrips of paper can be made current coin . The English merchant who has no money owing him abroad , cannot expect to have his bills paid ...
It is ridiculous to say , that bills of exchange shall pay our debts abroad : that cannot be , till scrips of paper can be made current coin . The English merchant who has no money owing him abroad , cannot expect to have his bills paid ...
Page 20
... into England by nothing but spending here less of foreign commodities than what we carry to market can pay for ; nor can debts , we owe to foreigners , be paid by bills of exchange , 20 Considerations of the lowering of Interest ,
... into England by nothing but spending here less of foreign commodities than what we carry to market can pay for ; nor can debts , we owe to foreigners , be paid by bills of exchange , 20 Considerations of the lowering of Interest ,
Page 21
to foreigners , be paid by bills of exchange , till our commodities exported , and sold beyond sea , have produced money , or debts , due there to some of our merchants ; for nothing will pay debts but money , or money's worth , which ...
to foreigners , be paid by bills of exchange , till our commodities exported , and sold beyond sea , have produced money , or debts , due there to some of our merchants ; for nothing will pay debts but money , or money's worth , which ...
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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 denomination 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 matter means measure 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