Short Observations on a Printed Paper E-Book

John Locke

• Herausgeber: Charles River Editors
• Kategorie: Geisteswissenschaft
• Sprache: Englisch
• Veröffentlichungsjahr: 2018

Seitenzahl: 28

Beschreibung

John Locke was one of the most famous philosophers during the Age of Enlightenment.  Locke is often referred to as The Father of Liberalism and his writings influenced other great philosophers including Voltaire and Rousseau.  This edition of Short Observations on a Printed Paper includes a table of contents.

Leseprobe

SHORT OBSERVATIONS ON A PRINTED PAPER

..................

John Locke

KYPROS PRESS

Thank you for reading. In the event that you appreciate this book, please consider sharing the good word(s) by leaving a review, or connect with the author.

This book is a work of nonfiction and is intended to be factually accurate.

All rights reserved. Aside from brief quotations for media coverage and reviews, no part of this book may be reproduced or distributed in any form without the author’s permission. Thank you for supporting authors and a diverse, creative culture by purchasing this book and complying with copyright laws.

Copyright © 2016 by John Locke

Interior design by Pronoun

Distribution by Pronoun

TABLE OF CONTENTS

Short Observations on a Printed Paper

SHORT OBSERVATIONS ON A PRINTED PAPER

..................

THE AUTHOR SAYS, “SILVER YIELDING the proposed 2d. or 3d. more by the ounce, than it will do by being coined into money, there will be none coined into money; and matter of fact shows there is none.”

It would be hard to know what he means, when he says, “silver yields 2d. or 3d. more by the ounce, than it will do by being coined into money:” but that he tells us in plain words at the bottom of the leaf, “that an ounce of silver uncoined is of 2d. more value than after it is coined it will be;” which, I take the liberty to say, is so far from being true, that I affirm it is impossible to be so. For which I shall only give this short reason, viz. because the stamp neither does nor can take away any of the intrinsic value of the silver; and therefore an ounce of coined standard silver must necessarily be of equal value to an ounce of uncoined standard silver. For example, suppose a goldsmith has a round plate of standard silver, just of the shape, size, and weight of a coined crown-piece, which, for brevity’s sake, we will suppose to be an ounce; this ounce of standard silver is certainly of equal value to any other ounce of unwrought standard silver in his shop; away he goes with his round piece of silver to the Tower, and has tee the stamp set upon it; when he brings this numerical piece back again to his shop coined, can any one imagine that it is now 2d. less worth than it as when he carried it out smooth, a quarter of an hour before; or, that it is not still of equal value to any other ounce of unwrought standard silver in his shop? He that can say it is 2d. less worth than it was before it had the king’s image and inscription on it, may as well say, that sixty grains of silver, brought from the Tower, are worth but fifty-eight grains of silver in Lombard-street.

But the author very warily limits this ill effect of coinage only to England; why it is in England, and not every where, would deserve a reason.