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Letters of David Ricardo to Thomas Robert Malthus, 1810-1823

Note 58 — THOMAS ROBERT MALTHUS.

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The agio is variable, but is supposed to be constant in this table for the purpose of calculation.

A marc weight = 3798 grains troy. A marc is divided into 5120 onsena, 200 onsena of pure silver in a guilder. Gold and silver are sold by the marc in Holland perfectly pureb.

British standard—gold 11 fine, 1 alloy; silver 11·2 fine, 18 dwts. alloy.

a The word is indistinct.

b The gold mark is meant. See Adam Smith's account of the Bank of Amsterdam in 'Wealth of Nations,' IV. iii. p. 212 n. (McCulloch's ed.).

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