ABSTRACT
Mr Ricardo's pamphlet contains an excellent view of the general principles of circulation, and of the various results which are occasioned in different countries by the variations in their respective currencies. Mr Huskisson's pamphlet has been published since the Report of the Committee, and was written, as he intimates, to satisfy the minds of some of his friends, and to support the conclusions which he had formed upon so interesting a question, against the clamours of those who were inimical to the Report. Mr Huskisson, in stating that it is of the very essence of money to possess intrinsic value, on account of its being the common and universal equivalent, observes, that 'the quality, of being a common measure, does not necessarily imply such value, any more than the possession of a foot-rule implies the power of acquiring whatever it enables us to measure'.
