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JB/001/024/001

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14
Abstract
Ch. XVI Rise of Prices
Circulation)

Whatever be the value set upon the paper, the value
of cash can never be taken away. So long as the
paper is to be had in any quantity for a quantity
of cash of the same nominal value, that is so long during
the continuance of the first issue as the first issue continues, the cash can never obtain
any considerable preference it can never obtain
a preference beyond that which would be given by [+]
[+] the trouble and time
consumed in one
case, saved in the other -

the trouble of putting a letter for London into the post, and the (a
time of waiting for an answer.

If from and after the opening of the second
issue the paper of the first issue should come to
bear a premium still the maximum amount of that premium
would have known, and then not very ample, limits:
and a nominal thousand pounds of worth of cash would as
surely be worth a thousand pound without the premium,
as the nominal thousand pounds worth of the paper
would be worth the thousand pound and the premium
taken put together.

Cash, and cash alone, is the subject matter of
all existing pecuniary contracts: cash and cash
alone, unless by virtue of a general conceivable stipulation in
favour of the proposed paper would continue to be
the subject matter of all future pecuniary contracts.
Except as just excepted, Every man who owes a thousand pounds will
have it in his power to acquit himself of the debt
with or without the consent of the creditor, by payment or tender of a thousand worth of cash:
no man will have it in his power to acquit himself
of any such obligation debt, without the consent of the
creditor, by the payment of a thousand pound's worth
or any other quantity however so great of the proposed
paper.




Identifier: | JB/001/024/001
"JB/" can not be assigned to a declared number type with value 1.

Date_1

Marginal Summary Numbering

Box

001

Main Headings

annuity notes

Folio number

024

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

d14

Penner

jeremy bentham

Watermarks

m<…> 1798

Marginals

Paper Producer

Corrections

Paper Produced in Year

1798

Notes public

ID Number

24

Box Contents

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