The redundancy of paper money necessarily banishes gold and silver from thedomestic transactions of the colonies, for the same reason that it has banished those metals from the greater part of thedomestic transactions in Scotland; and in both countries, it is not the poverty, but the enterprizing and projecting spirit of the people, their desire of employing all the stock which they can get, as active and productive stock, which has occasioned this redundancy of paper money.