CHAPTER IX. 
ON THE DISTINCTION BETWEEN VALUE AND 
RICHES.. 
I~ the last chapter the subject of the present 
one has been in some degree anticipated. It 
has been there shown what is the real amount 
of the assertion, that the riches of a so- 
ciety may be doubled or trebled without any 
thing being added to their value. The sub- 
ject, however, is of so much importance, that 
it will be necessary to enter into a closer ex- 
amination of it. 
The distinction between riches and value is 
sufficiently obvious, riches signifying the com- 
modities themselves (with one or more accessory 
ideas annexed), and value denoting the relation 
in exchange between any of these commodities.