19 We observed in essay Of Money, that money, when increasing, gives encouragement to industry during the interval between the increase of money and the rise of the prices. A good effect of this nature may follow too from paper-credit; but it is dangerous to precipitate matters at the risk of losing all by the failing of that credit, as must happen upon any violent shock in public affairs.

20 There were about eight ounces of silver in a pound sterling in Harry VII.’s time.

21 The poverty which Stanyan speaks of is only to be seen in the most mountainous cantons, where there is no commodity to bring money; and even there the people are not poorer than in the diocese of Saltsburg on the one hand, or Savoy on the other.

22 It was observed by some, as appears from the speech of Agelaus of Naupactum, in the general congress of Greece. See Polyb., lib. 5, cap. 104.

23 Those concluded by the Peace of the Pyrenees, Nimeguen, Ryswick, and Aix-la-Chapelle.

24 That concluded by the Peace of Utrecht.