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Economics  CHAPTER III. - David Ricardo, The Works of David
Ricardo (McCulloch ed.) [1846]  Edition used:   About Liberty
Fund:      That the Negation of the above Conclusion implies the
Impossibility of melting or exporting English Coin—an
Impossibility contended for by nobody.  The next proposition of
the Committee, the justness of which Mr Bosanquet disputes, he
has thus stated:—“That the price of gold bullion can never
exceed the Mint price, unless the currency in which it is paid
is depreciated below the value of gold.” But this is not exactly
the principle of the Committee. Their principle, when fairly
stated, is, not that gold as a commodity may not rise above its
value as coin, but that it cannot continue so, because the
convertibility of coin into bull