It circulates by virtue of the insignia of government
Convertibility only useful in preventing an excess
The insignia of government cannot create values
Convertibility a very inadequate test of the propriety of issue
Government should be the issuer of currency
The saving effected thereby
His doctrine of rent the sequence of that of prices
His plan for an economical and secure currency
To be made equal to coin by a provision of bullion
Eminently practical as a man of affairs
No bullion to be used, from the inconvenience of reaching it
Puerility of his scheme.