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Yazar: Adam Smith

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The different operations of this scheme are explained so fully,
so clearly, and with so much order and distinctness, by Mr Du
Verney, in his Examination of the Political Reflections upon
commerce and finances of Mr Du Tot, that I shall not give any
account of them. The principles upon which it was founded are
explained by Mr Law himself, in a discourse concerning money and
trade, which he published in Scotland when he first proposed his
project. The splendid but visionary ideas which are set forth in
that and some other works upon the same principles, still
continue to make an impression upon many people, and have,
perhaps, in part, contributed to that excess of banking, which
has of late been complained of, both in Scotland and in other
places.

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