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" There cannot, in short, be intrinsically a more insignificant thing, in the economy of society, than money; except in the character of a contrivance for sparing time and labour. It is a machine for doing quickly and commodiously, what would be done, though... "
Campaign Text-book of the National Democratic Party, 1896 - Page 1-64
by Democratic National Committee (U.S.) - 1896 - 174 pages
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Principles of Political Economy with Some of Their Applications to ..., Volume 2

John Stuart Mill - Economics - 1848 - 602 pages
...first, except their produce, it is that and nothing else which supplies all incomes furnished by them. There cannot, in short, be intrinsically a more insignificant...a contrivance for sparing time and labor. It is a machinery for doing quickly and commodiously, what would be done, though less quickly and commodiously,...
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Principles of Political Economy: With Some of Their Applications ..., Volume 2

John Stuart Mill - Economics - 1849 - 588 pages
...first, except their produce, it is that and nothing else which supplies all incomes furnished by them. There cannot, in short, be intrinsically a more insignificant...the character of a contrivance for sparing time and labour. It is a machinery for doing quickly and commodiously, what would be done, though less quickly...
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Principles of Political Economy: With Some of Their Applications ..., Volume 2

John Stuart Mill - Economics - 1857 - 610 pages
...first, except their produce, it is that and nothing else which supplies all incomes furnished by them. There cannot, in short, be intrinsically a more insignificant...the character of a contrivance for sparing time and labour. It is a machine for doing quickly and commodiously, what would be done, though less quickly...
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Principles of political economy, with some of their applications ..., Volume 2

John Stuart Mill - 1862 - 628 pages
...first, except their produce, it is that and nothing else which supplies all incomes furnished by them. There cannot, in short, be intrinsically a more insignificant...the character of a contrivance for sparing time and labour. It is a machine for doing quickly and commodiously, what would be done, though less quickly...
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Plutology ; Or, The Theory of the Efforts to Satisfy Human Wants

William Edward Hearn - Distribution (Economic theory) - 1863 - 500 pages
...Porter's 1'rogress of the Nation, p. 832. t Life of Lord George Benlinch, p. 409. " merely machines for doing quickly and commodiously what would be done though less quickly and commodiously without them." They are most potent instruments, and in their full development produce very remarkable results...
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Sketches of Political Economy

James Stuart Laurie - Economics - 1864 - 106 pages
...corn, cattle, and hay, and it makes no essential difference whether he distributes it to them direct, or sells it for them and gives them the price. There...the character of a contrivance for sparing time and labour. It is merely a machine for doing quickly and commodiously what would be done, though less quickly...
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Chapters in Political Economy

Albert Sidney Bolles - Economics - 1874 - 222 pages
...time and labor in making exchanges, but not to add to the number of them. Says JOHN STUART MILL : " It is a machine for doing quickly and commodiously...though less quickly and commodiously, without it." This economic principle is very imperfectly understood else no cry would be heard for more paper money....
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Studies in Political Economy

Anthony Musgrave - Economics - 1875 - 258 pages
...intellectual power and logical perception of Mr. Mill, should not have known, when he stated that there cannot be intrinsically a more insignificant thing in the economy of society than money — when he called it a machine, a medium, or oil for machinery — that he had really misconceived...
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Money and Its Laws: Embracing a History of Monetary Theories, and a History ...

Henry Varnum Poor - Banks and banking - 1877 - 674 pages
...first except their produce, it is that and nothing else which supplies all incomes furnished by them. There cannot, in short, be intrinsically a more insignificant...contrivance for sparing time and labor. It is a machine fordoing, quickly and commodiously, what would be done, though less quickly and commodiously, without...
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Money

Francis Amasa Walker - Money - 1877 - 578 pages
...first, except their produce, it is that and nothing else which supplies all incomes furnished by them. There cannot, in short, be intrinsically a more insignificant...a contrivance for sparing time and labor. It is a machinery for doing quickly and commodiously what' would be done, though less quickly and commodiously,...
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