Page:Coin's Financial School.djvu/63

Rh "As stagnation and depression to business incalculable would result from having no money, then a part of these evils can be brought about by having money insufficient in either quality or quantity.



"In the first place, it was deemed best to select something for money which was valuable within itself. Something that had an exchange value. So that he who parted with his property for it, had something which was itself valuable.

"By stamping it as money, and making it legal tender in the payment of all debts, it then became money, and possessed two qualities:

"First; It had value of itself. If the government went to pieces that had stamped it, it was still valuable property and would have an exchange value.