This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 185? edition. Excerpt: ... affording them a medium for facilitating the exchange of all the commodities in which men usually deal. It is sent out as an instrument to represent the value of all other articles. Its main object was then for the public good, as a currency to which all men might have access. It was never intended as an ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 185? edition. Excerpt: ... affording them a medium for facilitating the exchange of all the commodities in which men usually deal. It is sent out as an instrument to represent the value of all other articles. Its main object was then for the public good, as a currency to which all men might have access. It was never intended as an article of trade, as an article possessing an inherent value of itself, any further than as a representative or test of the value of all other articles. It undoubtedly admits of private ownership, but of an ownership that is not absolute, like the product of individual industry, but qualified and limited by the special use for which it was designed. The first purchaser from the mint or the bank of a portion of this currency, purchased with a knowledge that it was the currency of the country, and that it was designed for that particular purpose. All the title whi-h he acquired by the purchase was to use it for his own benefit, provided he did not interfere with the main object of its creation, to wit, a currency. It is analogous to the use which individuals may make of any other property created for public purposes. A public or navigable river is undoubtedly the property of the public, destined for specific purposes and uses. An individual, one of the public for whose use this public river or other highway was intended, may acquire a particular kind of property in it. He may use it in any way that does not interfere with the grand object of all highways; but if he exceed that object, and undertake to prevent others from using it in the same manner, he exceeds his right. The owners of the land adjoining a highway are the owners to the centre. If a mine should be discovered under it, they alone could claim it. But this private right must be so...
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Add this copy of Stringent Usury Laws the Best Defence Against Hard to cart. $34.69, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2010 by Nabu Press.