The Science of Money

Cover The Science of Money
The Science of Money
Del Mar, Alexander, 1836-1926
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The certificates issued under Act of June 8^ 1872.
24. The silver certificate Treasury dollar. Act of Feb.
28, 1878.
25. The refunding certificates. Act of Feb. 26, 1879.
At the present time these various dollars circulate upon a par with each other; but circumstances could happen by reason of which they might all differ in value, because they have difibrent legal attributes, or are issued subject to diflferent conditions.^ Limited Moneys. — The second great genera of moneys consist of those wh
...ose volume or numbers are specifically limited by law and restricted by practice. Among the highly civilized nations of antiquity, before felted paper, or paper of sufficient toughness for the purpose, was invented,^ the symbols of such money consisted of porcelain tablets, as in China ; thin iron discs, as in Sparta ; highly artistic copper discs, as in Rome; discs of a secret metallic com- pound, as in Carthage ; or tablets of stamped clay or leather, as in several other states. In all cases where these moneys permanently retained their original value, it was by means of limiting the number of symbols employed, by protecting them from counterfeiting, and by abolishing all other kinds of moneys.

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