Astheseprojects，howeveroftenslain，alwaysresuscitate，
itisnotsuperfluoustoexamineoneortwoofthefallaciesby
whichtheschemersimposeuponthemselves。Oneofthecommonest
is，thatapapercurrencycannotbeissuedinexcesssolongaS
everynoteissuedrepresentsproperty，orhasafoundationof