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Updated: May 20, 2025
Money, therefore, in its original form, is a common medium of barter, that is accepted to that use by authority of law, a medium which, considered distinctly from that authority, is simply an article of merchandise possessing qualities that make it preferable as a means of barter, and which, for convenience of use, bears the stamp of the government-inspector, defining the exact quantity contained in each piece, but which, inasmuch as it is authorized, and partakes of the nature of law, has ideal qualities that make it the means of sale: these are, right of use, nomination, and numeration.
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