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JB/001/039/001

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2
Annuity Notes
Ch Miscell. Effects

1. It will supersede
Bank paper

All the above properties, the proposed Annuity
Note paper possesses in equal degree with Bank
paper: facility of counting excepted, in respect
of which the Bank paper by reason of its barrenness
yielding no interest possesses a
small advantage. He who loses is content to forego the advantage of
interest will save the trouble of counting it: that is
the trouble of looking at the Table to see what it amounts
to.

On the other hand in what concerns security against
falsification, the Annuity Note paper (supposing
the security here proposed to be adopted in this instance
and not in the instance of Bank paper)
will possess have greatly the advantage.. See
§. Securities against Forgery.

It possesses two In regard to two capital
points it possesses an incontestable advantage over
Bank of Paper. 1. Solidity, as against failure
of the engagement entered into. 2. Fertility, in respect
of the yielding interest.

Bank paper (though at the head of the its class)
belongs to that class of paper currency of which it is which has
of the very essence to be brittle: brittleness interwoven with its very essence the very possibility
of profit depending upon the perpetual emission of
a set of promises, the performance of which taken together
is perpetually impossible.




Identifier: | JB/001/039/001
"JB/" can not be assigned to a declared number type with value 1.

Date_1

Marginal Summary Numbering

1

Box

001

Main Headings

annuity notes

Folio number

039

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

f2

Penner

jeremy bentham

Watermarks

[[watermarks::i taylor [top part of date only]]]

Marginals

jeremy bentham

Paper Producer

evan nepean

Corrections

Paper Produced in Year

Notes public

ID Number

39

Box Contents

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