Front Page Titles (by Subject) Lowe\'s proposed Table of Reference. - Money and the Mechanism of Exchange
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Lowe's proposed Table of Reference. - William Stanley Jevons, Money and the Mechanism of Exchange 
Money and the Mechanism of Exchange (New York: D. Appleton and Co. 1876).
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Lowe's proposed Table of Reference.
Among valuable books, which have been forgotten, is to be mentioned that by Joseph Lowe on "The Present State of England in regard to Agriculture, Trade, and Finance," published in 1822. This book contains one of the ablest treatises on the variation of prices, the state of the currency, the poor-law, population, finance, and other public questions, of the time in which it was published, that I have ever met with. In Chapter IX. Lowe treats, in a very enlightened manner, of the fluctuations in the value of money, and proceeds to propound a scheme, probably invented by him, for giving a steady value to money contracts. He proposes that persons should be appointed to collect authentic information concerning the prices at which the staple articles of household consumption were sold. In regard to corn and sugar authoritative returns were then, and have ever since been, published in the London Gazette, and there seemed to be no difficulty in extending a like system to other articles. Having regard to the comparative quantities of commodities consumed in a household, he would then frame a table of reference, showing in what degree a money contract must be varied so as to make the purchasing power uniform. In principle the scheme seems to be perfectly sound; but Lowe did not attempt to work out the practical details, and his plan involves needless difficulties.