Textbook of Critical Care [Part 3 of 3] by M P Fink

By M P Fink

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Extra resources for Textbook of Critical Care [Part 3 of 3]

Example text

Soldiers used to pay their bar tabs by writing checks on accounts back in England . Local mer­ chants would often simply endorse them over to each other and pass them around as currency: once, he saw one of his own checks, written six months before, on the counter of a local vendor covered with about forty different tiny inscriptions in Chinese. What credit theorists like Mitchell-Innes were arguing is that even if Henry gave Joshua a gold coin instead of a piece of paper, the situ­ ation would be essentially the same.

Different metals have been made use of by different nations for this purpose . Iron was the common instrument of com­ merce among the ancient Spartans; copper among the ancient Romans; and gold and silver among all rich and commercial nations. I I I I I Those metals seem originally to have been made use of for this purpose in rude bars, without any stamp or coinage . . I I I I I The use of metals in this rude state was attended with two very considerable inconveniencies; first with the trouble of weigh­ ing; and, secondly, with that of assaying them.

1 5 Stanley Jevons, for example, who in 1871 wrote what has come to be considered the classic book on the origins of money, took his examples straight from Smith, with Indians swapping venison for elk and beaver hides, and made no use of actual descriptions of Indian life that made it clear that Smith had simply made this up. Around that same time, missionaries, adventurers, and colonial administrators were fanning out across the world, many bringing copies of Smith's book with them, expecting to find the land of barter.

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