Marzenie Engelbarta - Henning Lobin - Ebook - Legimi Online
By and large, concerning the money supply we might refer details to Prussian monetary system showing how at first coins became too light. This implies that the introduction of coins diversity might cause confusion impossible to clear up, and merchants and those making contracts might be put into inconvenience, labour and trouble. For it is clear that that particularly those country prosper which use proper coins, and those which use worthless ones usually collapse or go bankrupt. However, if they have common good in view they could not deny that a proper coin not only is good for the country but also for themselves and all social classes, the bad coin is pernicious though. However, such a state of the affairs could be changed only through alteration of gold and silver weight where by common consent the price of gold and silver would come into force as themselves. So when so many disasters befell both the coins and through it the entire motherland the goldsmiths themselves and those who are familiar with precious ores use its misfortunes.
Without a doubt, Prussia was a fairly prosperous state when 1 Prussian grivna was bought for 2 gold Hungarian ones, and, as we mentioned earlier, 2 Prussian grivnas and 8 skojecs made half a pound ,that is, a grivna of pure silver. wzór umowy is so inappropriate to issue a new, good coin, when there is the older, bad one still in circulation - and here, how much more everything went wrong, when the old, better coin still in circulation was replaced by a new, worse one. And as both the respect and the value of the coins were gradually disappearing it was still minted, which due to insufficient money circulation turned out to be unequal to the previous ones. Hence an obvious conclusion, that degraded money fosters laziness rather than prevents poverty. The first three are so obvious that nobody is aware that it so (or claims otherwise), however the fourth one, which refers to money, is thoroughly examined only by few as its cause and effect do not occur at the same time. And that we do not get into this turmoil of our times which led to the mix-up regarding old and new coins.
What is more (as I believe) the measure of determining this coin (market value) which, even if it is proper in this matter (determining the measure) must be excluded from measuring. For such vast is the diversity of groshens and solidi and even denarius that it is almost impossible to distinguish particular coins from each other and give price according to their varied value. It must be recognized though, as a measure of a debt (determining the price to pay) always in the manner specified by authorities and dependent (value indication of price determination) on their ordinances, buying or selling anything or even making a loss in different ways. For once everyone should make a small loss without a murmur - as long as a loss might be called what could consequently generate a greater profit and the Republic would achieve increase in wealth. It is crucial however that the 2 coins are of the same alloy and value so that the rules which are to be enforced last forever under close supervision of the Republic leaders and so the sovereigns in the 2 provinces do not earn any profit from minting coins.
For gold and silver is taken as the basis of the coins on which their estimated value rests. On the same basis skojces, groshens and obolos can be minted according to preferences. It was mentioned above that gold and silver form a sound basis of a proper coin. Moreover, it is known that countries where good coins are in circulation, possess works of art, excellent craftsmen and everything in abundance and contrary to those countries where bad coins are in circulation, due to laziness, sloth and persistent inaction art and science are neglected, and scarcity could be sensed in every aspect of live. Coins go into circulation under the names “'mark”' (“grivna”) and “'skojec”' (units of currency) etc., and both are under these names a measure of weight. Therefore, if we wish to bring back Prussia to its previous splendour - then disarray should be stopped resulting from diversity of particular mints where the coins are to be minted. It is also necessary that after the issuance of the new coin the old one is withdrawn and banned from circulation and its exchange for the new coin is allowed in the mints in accordance to significant value. The amount of copper added to the coins should be equivalent to their value and that the minting expenses were covered properly, and that remelting of the coins was less practised.
