Money and the Mechanism of Exchange

adopted alloy amount balance Bank of England bank-notes bankers barter bills Boulton and Watt bronze bullion cash cent centimes CHAPTER Cheque and Clearing Cheque Bank circulation Clearing House clearing system coinage commodities consists convenient copper debt decimal deposit depreciated dollar double standard employed English exactly foreign France French German gold and silver gold coins gold pieces grains grams Gresham's Law inconveniences inconvertible interest international money issued kind legal tender less London London Clearing House loss measure of value medium of exchange ment merchants metallic currency metallic money metallic value method money of account nations paid paper money payment pence penny person pound pound sterling principal profit promissory notes quantity ratio receive representative money reserve seignorage shilling silver coin sovereign standard coins standard of value substance tion token coins token money trade transactions unit of value weight Wolowski