Utopia

among the Macarians—a people that live not far from Utopia—by which their king, on the day on which he began to reign, is tied by an oath, confirmed by solemn sacrifices, never to have at once above a thousand pounds of gold in his treasures, or so much silver as is equal to that in value. This law, they tell us, was made by an excellent king who had more regard to the riches of his country than to his own wealth, and therefore provided against the heaping up of so much treasure as might impoverish the people. He thought that moderate sum might be sufficient for any accident, if either the king had occasion for it against the rebels, or the kingdom against the invasion of an enemy; but that it was not enough to encourage a prince to invade other men’s rights—a circumstance that was the chief cause of his making that law. He also thought that it was a good provision for that free circulation of money so necessary for the course of commerce and exchange.

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