Note 141 — Chapter IV
Reading edition
See Dr. Cunningham, Western Civilisation, pp. 73, 74, 83-86, 94-97, etc., for an interesting development of this principle. Cp. Prof. Ashley, Introduction to Economic History, 1888-93, i, 43, and Hildebrand, as there cited. The originality of Hildebrand's ideas on this point has perhaps been overrated by Ochenkowski and others. Smith recognised the main facts (Wealth of Nations, bk. i, c. iv). See also the passage from Torrens cited by M'Culloch in his essay on "Money," Treatises, ed. 1859, pp. 9, 10.