IftheMoneyofanparticularCountryshouldencreasebeyondtheproportionthatCountrybearstoEurope;itwouldundervalueMoneythere,or,accordingtothewayofspeaking,itwouldraiseGoods:ButasMoneywouldbeundervaluedeverywherethesame,orneartowahtitwerethere;itwouldbeofgreatAdvantagetothatcountry,thotherebyMoneywerelessvaluable:ForthatCountrywouldhavethewholeBenefitofthegreaterQuantity,andonlybearashareofthelesservalue,accordingtotheproportionitsMoneyhadtotheMoneyofEurope。WhentheSpaniardsbringMoneyorBullionintoEurope,theylessenitsvalue,butgainbybringingit;becausetheyhavethewholebenefitofthegreaterQuantity,andonlybearashareofthelesservalue。
Whathasbeensaid,proves,1st。ThatSilverMoneyisanuncertainvalue;becauselyabletobealter’dintheFinenessorDenominationbythePrince。ACrownhasnomoreSilverinitthanhalfaCrownor15Pencehada150or200Yearsago。
2ndly。ThatasSilverithasfallenfromtheValueithad,thesameQuantitynotbeingworththe5thor10thpartofwhatitwasworththen。AMoney’dManthenwortha1000lib。wasRicheratthattimethanaLandedManof240ChalderofVictualRent:ButaManofsuchaMoneyEstate,wouldnotnowbeworthone50thpartofsuchaLandEstate。
3dly。Thatthofallensomuch,yetitisgivenasMoneyorSoldasBullion,formuchmorethanitsValueasaMettal;towhichitwillbereduced,sosoonasanotherMoneyissetup。
ConsideringthepresentstateofEurope,FranceandSpainbeingMastersoftheMines。TheotherNationsseemtobeunderanecessityofsettingupanotherMoney。TheonlyReasoncanbegivenwhyithasnotbeenrightlyunderstood:OrtheywouldnothavecontinuedbuyingSilverfromSpainaboveitsValueasaMettal,whentheyhadamorevaluableMoneyoftheirown,andeverywaymorefittedforthatUse。