Object: A critical dissertation on the nature, measures and causes of value

NOTES AND ILLUSTRATIONS. 251 
into some singular misconceptions of Mr. Malthus’s mean- 
ing. At least he has construed it differently from what it 
is represented in the text, and consequently either he or 
myself must be in error — possibly the latter. I can only 
say, that I have been at pains to understand and scrupulous 
not to misrepresent the scope of Mr. Malthus’s argument. 
At the same time I must confess, that with all the patient 
attention which I have given to the speculations of the 
latter, there are many parts of *¢ The Measure of Value 
stated and illustrated” which I am unable to comprehend. 
NOTE G (page 15). 
It is to be observed, that many writers consider mea- 
suring and expressing value as the same thing. This is 
directly maintained by M. Say, in the following passage. 
i“ Quant 3 la mesure de la valeur de deux objets qui 
sont en présence, leur deux valeurs se mesurent l'une par 
Pautre. Si Von a dix livres de blé pour une livre de café, 
le café vaut dix fois autant que le blé; et chacune de ces 
choses est la mesure de l'autre. La monnaie n’a & cet 
égard eucun privilége. Trente sons sont la valeur d'une 
livre de café, et une livre de café marque la valeur des trentes 
sous aussi bien que les diverses choses que l'on peut 
acquérir avec cette monnaie.” — Note in JM. Say’s Edition 
(page 124, vol. i) of Cours d’ Economie Politique, par 
Henrs Storch.” 
It is not correct, however, to regard these two opera-
	        
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