and other contracts of a pecuniary character were In a less advanced state, admitted a less full and free discretion, than the correaponding development on the Continent ; but from abont that time the English rapidly gains on the Cuntinenlal oommuolty in the habitual acceptance and application of these " business principles," and it lias since then held the lead in this respect. VI. Ashley, Economic Bittory, vol. 11. ch. VL
equity, and common sense of to-day, these peculiarly free and final property rights and obligations, that ia to say, those peculiar principles that control current business and industry. We owe to the eighteenth century a very full discretion and free awing in all pecuniary matters. It has given freedom of contract, together with security and ease of credit engagements, whereby the competitive order of business has been definitively installed.'