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nydus/The Theory of Business EnterprisePublic
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The Use Of Loan Ckedit

industrial material, whose money value is cumulatively augmented by this extension itself. JBut the money value of the collateral is at the ' same time the capitalized value of the property, I computed on the basis of its presumptive eamingI capacity. These two methods of rating the value 'lOf collateral must approximately coincide, if the

the econamlaU are occuEtomed to say, money is the Btaadud of dofaired paymeota. It is alao, jo tbe unreflecting CLppreheDsion of tttoM nho have practically to deal with wealth phenomena, Celt to be the mandurd and infleiibie measure of wealth. The fact that this conventional usage is embodied in Ian acts greatly to fortify the naive acceptance of money and prioe m the definitive teima of wealth. See ^p. 838S above.

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