The Financial Philosophy

Excerpt from The Financial Philosophy: Or the Principles of the Science of Money; With Observations on the Present
It is generally acknowledged that we have no science of money. John Henry Norman, member of the London Chamber of Commerce, thirteen years in the Calcutta Mint, dedicates his work called "The World's Exchanges of Standard Metals, with Aids to the Construction of the Science of Money" (London, 1892), as follows: "These pages are dedicated with profound respect to the world's first man of science who in the future produces a science primer of money such as will compel the world to accept and teach it as truth," etc.
Among his letters of approval he has some from Prof. Wm. Graham Sumner, of Yale University. Since he wrote there is a Science of Money written by Alexander Delmar, which I have not seen.
Suppose we had no science of anatomy, no science of pathology, nor of materia medica, or therapeutics; in a word, suppose we had no science of medicine, and instead of a world in economic sickness it were one man with a cancer, or a tape-worm in his stomach, or a disorder of the blood, would not the chances of learning the cause of .his ail and the cure for it be small? The world has never lived according to the principles of the science of money, and has suffered the consequences, just as one who lives contrary to the principles of physiology must pay the penalty. The science of money corresponds to the science of physiology.
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