29 Oct. 1800

Polit. Economy

3

3. What is thus true of the several masses of wealth of all sorts put together,

is true of the several masses of each sort in particular: of money of all sorts

consequently among the rest. The addition made to the national mass of money in

each year is the difference between the sum of the masses either produced or

imported in the course of the year, and that of the masses either expended

/consumed/ or lost by destruction or otherwise or exported in the course of the

same year.

4. In the case of the individual - in the case of each and every individual the

mass of general wealth possessed by him is the greater, the greater the mass

(i.e. the mass of wealth of all sorts besides /except/ money) is the greater,

the greater the mass of money he possesses. If on the first of two days he

possesses or what comes to the same thing has it in his power to possess at any

time and keep for what length of time he pleases a thousand pounds weight of

gold - coined into guineas, he possesses 48,500 guineas: in pounds sterling,

,50,925 pounds. if on the next day he possesses as above two thousand pounds

weight of the same valuable commodity /article/, he is truly and exactly twice

as rich as he was the day before. He has it in his power to command twice the

quantity of general wealth - of wealth non-pecuniary - of wealth of all kinds,

other than money on condition of parting with all the money: or of money and

non-pecuniary wealth together, on condition of parting with the requisite

proportion of his money.