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MC can reply, but if the RC Saints did not have an EXCESS of Merit, then the RCC would have had nothing to sell for its Reformation-generating Indulgences...
Arsenios
The so-called Treasury of Merit was invented to explain how prayers and indulgences that supposedly shorten the time a soul must remain in Purgatory can alter such a person's time, considering that the soul was sentenced to Purgatory for a certain time and for specific reasons. The theory is that there is a lot of excess goodness or merit somewhere, since the truly great saints must have earned a surplus of merit in life--more than the minimum needed to earn Heaven.
The idea then was that this excess merit could be attached by the Church and doled out to the souls in Purgatory via the prayers, pilgrimages, or whatever else any church member might qualify for, such as through an indulgence, which he could then assign to someone in Purgatory. Prior to the Reformation, indulgences were commonly sold, although the Church would say that it was given to the recipient by the priest in response to the recipient's act of charity (contribution of money). I have seen one of the certificates that was given to a recipient. It looks like a bank note and indicates the amount of time remitted in Purgatory.