Chap。II
OfArtificialorMaterialMoneyFromtheinfancyoftheworld,atleastasfarbackasouraccountsofthetransactionsofmankindreach,wefindtheyhadadoptedthepreciousmetals,thatissilverandgold,asthecommonmeasureofvalue,andastheadequateequivalentforeverythingalienable。
Themetalsareadmirablyadaptedforthispurpose;theyareperfectlyhomogeneous:Whenpure,theirmasses,orbulks,areexactlyinproportiontotheirweights:Nophysicaldifferencecanbefoundbetweentwopoundsofgold,orsilver,letthembetheproductionoftheninesofEurope,Asia,Africa,orAmerica:
theyareperfectlymalleable,fusible,andsufferthemostexactdivisionwhichhumanartiscapabletogivethem:Theyarecapableofbeingmixedwithoneanother,aswellaswithmetalsofabaser,thatis,ofalesshomogeneousnature,suchascopper。Bythismixturetheyspreadthemselvesuniformlyitbethroughthewholeofthecompoundmass,sothateveryatomofcomesproportionallypossessedofashareofthisnoblemixture;
bywhichmeansthesubdivisionofthepreciousmetalsisrenderedveryextensive。