Pledges were often made where the intrinsic value of the article was equivalent to the amount of the debt; but antichretic pledge was more common, where the profit of the pledge was a set-off against the interest of the debt.
At present, however, the methods of analysis usually employed are not sufficiently delicate to afford all the necessary information as to the intrinsic value of the higher grades of rubber, and do not go much beyond the exclusion of inferior rubber.
But, however it originated, the phrase undoubtedly contributed to foster popular misconceptions as to the intrinsic value of Indulgences, apart from repentance and confession; though Dr Lea seems to press this point unduly (p. 54 ff.), and should be read in conjunction with Thurston (p. 324 ff.).
Metals were used for money at an early stage of civilization, and are well suited to the purpose, owing to their great intrinsic value and their durability, indestructibility, divisibility and rarity.
The importance of these principles lies not only in their intrinsic value as an ethical system, but also in the fact that they form the link between Socrates and the Stoics, between the essentially Greek philosophy of the 4th century B.C. and a system of thought which has exercised a profound and far-reaching influence on medieval and modern ethics.