In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.

When not only gold but all commodities are available for the redemption of the paper currency, its volume is limited only by the value of all the wealth of the country, and it can never become insecure up to this limit.

According to your sympathy, you will take pleasure in your own happiness or in the happiness of other people; but it is always your own happiness you seek.

Accordingly, when the supply of gold runs short, the security behind the notes is diminished, the loaning of notes is restricted or suspended, and the panic follows.

Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times.

Modern money is almost altogether credit money.

Not an old woman that buys a paper of pins, without yielding a part of the price to the banks as interest!