Of course, there will always be a class
of doubting Thomases ready to deny the presence of any divine leadership
that may not at once be touched and weighed and measured. To the
prototype of these men such tangible evidence as his feeble faith could
accept was not withheld. And those among us who are in like condition
may read M. Cochin's book, and be convinced that a system which to the
common sense of the Christian world seems morally wrong is neither
politically expedient nor materially necessary.
_A Treatise on the Law of Promissory Notes and Bills of Exchange_. By
THEOPHILUS PARSONS, LL.D., Dane Professor of Law in Harvard University,
and Author of Treatises on the Law of Contracts, on the Elements
of Mercantile Law, on Maritime Law, and the Laws of Business for
Business-Men. In Two Volumes. Philadelphia: J.B. Lippincott & Co.
We eat and drink paper and live upon paper, is a metaphor which has been
true enough these many years, but we probably appreciate the liveliness
of it just at the present time more thoroughly than ever before.
But even now we realize very imperfectly what a power in the world
paper-money is; for we are apt to think of it only as a circulating
medium in the form of bank-notes, or treasury-notes, or of somebody's
currency which has the merit of making no pretensions to the theoretical
idea of a currency which represents gold, the representative of
everything else.
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