OF VALVE.

20

can seldom be read without both pleasure and instruction,
 is still more explicit on this subject,
and more unmeasured in his language than
Mr. Ricardo himself. He asserts, in terms to
which nothing can lend additional positiveness,
 “that there is no necessary connection at
all, or of any kind, between the quantity commanded,
 and the value commanding *:” and
again, “I presume, that in your use, and in
every body's use of the word value, a high
value ought to purchase a high value, and that
it will be very absurd if it should not. But as
to purchasing a great quantity, that condition
is surely not included in any man’s idea of
value 1.”
The plausibility of this passage will disap-Pear
 on a little reflection. An article of high
value, 4, will truly enough purchase another
article of equally high value, B, but these two
articles will not be high in relation to each
other: the term high, in this connection, must
* London Magazine for May 1824, page 552.
I Ibid. page 557.