88 Capitel IV. 
ten Vorralh an Gütern oder Waaren ein Einfluss auf 
den Zinsfuss zugestanden wird, und diese Thesis damit 
begründet wird, dass es demjenigen, der ein Darlehn 
aufnehme, nicht sowohl um das Geld, als vielmehr nur 
um die Güter oder Waaren zu thun sei, welche er sich 
vermittelst des Geldes zu kaufen vermöge'*^). 
44) Vgl. schon D. Hume, Of interest: ,,Those, who have as 
serted, that the plenty of money was the cause of low interest, seem 
to have taken a collateral effect for a cause, since the same indu 
stry, which sinks the interest does commonly acquire (¡¡real abundance 
of the precious metals. — But tho' both these eßects, plenty of mo 
ney and low interest, naturally arise from commerce and industry 
they are altogether independent of each other. — The greater 
or less quantity of money in a state has no influence 
on the interest. But it is evident that the greater or 
less stock of labour and commodities must have a great 
influence; since we really and in effect borrow these, 
when we take money upon interest.** 
Hi car do. The high price of bullion etc. p. 284: ,,The 
rate of interest is not regulated by the abundance or 
scarcity of money, but by the abundance or scarcity of that 
part of capital not consisting of money.** 
J. St. Mill, Principl., Ch. VIII p. 297: ,,lHiat he really 
lends is so much capital, the money is the mere instrument of transfer.** 
Vgl. ferner u. A. A. Wagner, Beiträge zur Lehre von den 
Banken p. 33. 
0. Michaelis, Noten und Depositen (Schriften, Berlin 
1879: p. 342, 364). 
Knies, Geld und Credit II 2 p. 236.