Kestenbaum & Company
Traite de la Circulation et du Credit

Auction 16 · Lot 196

Traite de la Circulation et du Credit

Estimate
$6,000–$8,000
Hammer price
$6,500

Historical auction record. Hammer prices exclude buyer’s premium and taxes.

author

PINTO, ISAAC DE

printer

Marc Michel Rey

Place

Amsterdam

Publication

1771

Description

FIRST EDITION. Additional 8-page note on the state of English finances in 1770 (interim half-sheet H*) inserted after p.128 and usually lacking. (Utilizes Hebrew type for the Hebrew terms interest and usury: Neshech and Tarbith )

references

Einaudi 4447; Goldsmiths' 10791; Kress 6811; McCulloch p.347

summary

First edition of this “sound and ingenious” work of economic-philosophy. An important work on revenue and stock exchange transactions, in which Pinto saw economic advancement for Jews a suitable response to those who denounced the “Jewish Problem.” If Jews were no longer politically forced to occupy a parasitic economic role in Society, their economic enhancement would be desirable for all. - No doubt a suitable response to the theories of Voltaire. Pinto (1715-1787) was descended from a Portuguese-Jewish 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). A deeply cultured Jew of the Enlightenment he used his combative pen to defend Jewish honor
pp. xvi, 368. Contemporary ink attribution to the front free endpaper and booklabel to the front pastedown; insignificant dampmark to the upper edge of the first few leaves and occasional light spotting elsewhere, otherwise a very good copy. Contemporary half-calf and plain boards, a little soiled, corners worn, spine ruled and stamped gilt in compartments, small chip at bottom of upper joint, with a gilt morocco lettering piece. 8vo
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