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5. Depreciation of currency a tax on the community, and a
fraud on creditors,

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6. Examination of some pleas for committing this fraud,

CHAPTER XIV. Of Excess of Supply.

1. Can there be an oversupply of commodities generally?

. 105

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3.

never does exceed the inclination to consume,

4. Origin and explanation of the notion of general oversupply,. 110

4.

not in a vent for exports, nor in the gains of merchants, .
5. Indirect benefits of commerce, economical and moral; still
greater than the direct,

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8. The practical result little affected by this additional element,
9. The cost to a country of its imports, on what circumstances
dependent,

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2. Mode of adjusting international payments through the ex-
changes,

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3. Distinction between variations in the exchanges which are
self-adjusting, and those which can only be rectified
through prices,.

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