(201.) The money price at which an article sells furnishes us with comparatively little information respecting its value, if we compare distant intervals of time and different countries; for gold and silver, in which price is usually measured, are themselves subject, like all other commodities, to changes in value; nor is there any standard to which these variations can be referred. The average price of a certain quality of different manufactured articles, or of raw produce, has been suggested as a standard; but a new difficulty then presents itself; for the improved methods of producing such articles render their money price extremely variable within very limited periods. The annexed table will afford a striking instance of this kind of change within a period of only twelve years.
