HOW CAN PAPEE MONEY INCEEASE THE 

 WEALTH OF A NATION? 



This is a question often asked. To many persons it appears 

 impossible that bits of Paper, inscribed with certain characters, 

 can promote the prosperity of a nation, or increase its wealth. 

 This question shall not now be answered by explaining the 

 true theory of money, but by an appeal to facts. Land and 

 labour being admitted to be the primary sources of a nation's 

 wealth, let facts shew how Paper Money assists land and 

 labour to create wealth. 



Look, first, at the great fact of the prosperity and wealth 

 of the United States of America, As a testimony to their 

 growing prosperity, let us take a short extract from a speech 

 of EDUAUJ; BURKE, on American Taxation, delivered in the 

 House of Commons so far back as the 14th. of April, 1774. 

 Alluding to the Americans, he says : 



" Nothing in the history of mankind, is like their progress. 

 For my part, I never cast an eye on their commerce, and 

 their cultivated and commodious life, but they seem to me 

 rather nations grown to perfection through a long series of 

 fortunate events, and a train of successful industry accumula- 

 ting wealth in many centuries, than the colonies of yesterday ; 

 than a set of miserable outcasts, a few years ago, not so much 



