Money and the Mechanism of Exchange

adopted alloy American amount arise average balance Bank of England bank-notes bankers barter become bills bronze bullion cash cent centimes CHAPTER Cheque and Clearing Cheque Bank circulation Clearing House clearing system coinage commodity consists convenient copper corn debt decimal deposit depreciated dollar double standard employed English exactly exist foreign France French German gold and silver gold coins grains grams Gresham's Law inconveniences interest issued kind legal tender less London London Clearing House Manchester measure of value medium of exchange ment merchants metallic currency metallic money metallic value method money of account nations paid paper currency paper money payment pence penny person possession pound pound sterling principal profit promissory notes quantity ratio receive representative money reserve seignorage shillings silver coin sovereign standard of value substance tion token token coins token money trade transactions unit of value weight Wolowski