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Attempts of the authorities of trading cities to provide it at least with constantThe maintenance of precious metal (such, as creation of Amsterdam Bank) in Current of long time were quite successful and them it were used Far outside of national borders. But even in these cases of the power early Or late started to abuse the quasimonopoly position. The Amsterdam Bank was the official body, which services people Should use in certain cases, and it it were Unique lawful means of the payments exceeding some sum. It Services could not use at usual small transactions and local Operations outside the city. The same, in general, concerns the similar
To experiments in Venice, Genue, Hamburg and Nuremberg.) it is necessary to remember, however,
The lesson containing in job of centenary prescription of one Dutch author,
Devoted to China. He has noticed about the paper money addressing then in those
World parts that "as they are not a lawful instrument of payment and not Are given state care, they everywhere are accepted as money" Paper Money, 1877, On Chinese Currency. Coin, Willem Vissering and Leiden. To the governments we are obliged by that today within the data National territories one kind of money is standard only. But
Whether it is desirable, and whether people can, having understood own benefit, to receive the best
Money without any noise around "the lawful tender" - a question opened. More That, "a lawful instrument of payment" (gesetzliches Zahlungsmittel), not Should be necessarily precisely defined the law. There is enough, if the law Allows the judge to solve, in which money that should be paid or Other debt.
80 years ago from positions of common sense business was very clearly stated by the outstanding
The supporter of liberal economic policy, the lawyer, the statistican and The high-ranking government official lord Farrer. In the job written
In 1895
That if the nations "... Are limited to introduction of standard unit of the lawful
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