Boek · An Inquiry into the Wealth of Nations
Pagina 858 van 2651
Auteur: Adam Smith
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It were better, perhaps, that no bank notes were issued in any
part of the kingdom for a smaller sum than £5. Paper money would
then, probably, confine itself, in every part of the kingdom, to
the circulation between the different dealers, as much as it does
at present in London, where no bank notes are issued under £10
value; £5 being, in most part of the kingdom, a sum which, though
it will purchase, perhaps, little more than half the quantity of
goods, is as much considered, and is as seldom spent all at once,
as £10 are amidst the profuse expense of London.
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