Traité de la circulation et du crédit.
Contenant une analyse raisonnée des fonds d'Angleterre, & de ce qu'on appelle commerce ou jeu d'actions; un examen critique de plusiers traités sur les impôts, les finances, l'agriculture, la population, le commerce &c. précédé de l'extrait d'un ouvrage intitulé bilan général & raisonné de l'Angleterre depuis 1600 jusqu'en 1761; & suivi d'une lettre sur la Jalousie du Commerce, où l'on prouve que l'intérêt des puissances commerçantes ne se croise point, &c. avec un tableau de ce qu'on appelle commerce, ou plutôt jeu d'actions, en Hollande. Par l'auteur de l'essai sur le luxe, & de la lettre sur le jeu des cartes, qu'on a ajoutés à la fin. [Bound with:] Addition au traité de la circulation et du crédit. Mémoire pour la supression du Belasting, ou imp ôt sur les actions de la Compagnie des Indes Orientales, en y substituant un impôt sure les epiceries des Isles Moluques & de celle de Ceylan.
Amsterdam: Marc Michel Rey, 1771 Stock Code: 111967
First edition of this "sound and ingenious" (McCulloch) work on revenue and stock exchange transactions. The main premise of Pinto's argument is that the national debt, instead of being a burden, has been the principal source of the wealth and power of England. The work excited much controversy on publication: it was translated into English by Rev. S. Baggs, and published with notes, in 1774.
Pinto (1715-1787) was born in Amsterdam. He was descended from a Portuguese family and lived for some time at Bordeaux. "He then settled in Holland, where he soon made a large fortune and an equally great reputation. The Stathouder William IV (1747-51) had a very high opinion of his advice, both on administration and finance. He was as tolerant as he was high-minded, and his benevolence won him popularity" (Palgrave).
Description
Octavo (202 x 122 mm). Contemporary mottled calf, spine decorated gilt in compartments, red morocco label, edges sprinkled red, marbled endpapers.
Illustrations
With the additional 8-page note on the state of English finances in 1770 (interim half-sheet H*) and the 16-page Addition bound in at the end.
Condition
Paper slip "S. Ed. Blackett" tipped in after the title-page, probably a descendant of the Gateshead born Sir William Blackett, mine owner and member of the Newcastle Merchant Adventurers Company. Front joint cracked but still very firm; occasional light spotting; a very attractive copy.
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