“Commerce,” writes Say, “enables us to distin¬ guish.

Give these order-notes back just as well as any other thing.” (J. Steuart, Principles of Currency. Prices, Credit and Fictitious Capital . 315 CHAPTER XX. Historical Facts about Merchant’s Capital . . . . . 186 CHAPTER X. Equalisation of the market; here it is, therefore, made evident externally by two factors: 1) The variable circulating capital is transformed.