In Praise of Gournay
In Praise of Gournay
5. In Praise of Gournay
CHAPTER 5
In Praise of Gournay
LETTER FROM TURGOT TO MARMONTEL
Paris, 22 July 1759

Observations on a Paperby Saint-Péraveyon the Subject of Indirect Taxation
Observations on a Paper
by Saint-Péravey
on the Subject of Indirect Taxation
6. Observations on a Paper by Saint-Péravey
CHAPTER 6
Observations on a Paper by Saint-Péravey
on the Subject of Indirect Taxation

he author assumes firstly, that the proprietors spend half their income on purchases from the productive class and the other half on purchases from the industrial class; secondly, that the productive class spends only a quarter1 of its income on manufactured goods.
Box 7
Observations on the Paper by Graslin in
Favour of the Indirect Tax, to which the
Royal Agricultural Society of Limoges
has Given an Honorable Mention
7. Observations on the Paper by Graslin
CHAPTER 7
Observations on the Paper by Graslin in Favour of the Indirect Tax, to which the Royal Agricultural Society of Limoges has Given an Honorable Mention

Value and Money
Value and Money
8. Value and Money
CHAPTER 8
Value and Money

oney has this in common with measures in general, that it is a type of language, differing among different peoples in everything that is arbitrary and conventional, but of which the forms are brought closer and made identical, in some respects, by their relation to a common term or standard.
Box 9
Plan for a Paper on Taxation in General, on Land Taxes in Particular, and on the Project of a Land Register
9. Plan for a Paper on Taxation
CHAPTER 9
Plan for a Paper on Taxation in General, on Land Taxes in Particular, and on the Project of a Land Register

he subject on which M. le Contrôleur-Général1 has consulted the Intendants is one of the most interesting which can be examined. It contains the foundations of the whole political administration of a nation.