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JB/001/047/001

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10.
Annuity Notes
Ch. Miscell. Effects.
Period 5

5. The addition to the
currency will be the
greater the longer the war
it being so much the
longer before Stock
get up to par.

5. The quantum of the addition thus made to
the currency will be greater and greater, the longer
the continuance of the war: or in to come nearer
the present the greater the amount of the additions
that continue to be made to the quantity mass of Stock
Annuities: since the greater the mass of Stock Annuities,
the stronger their tendency to depretiation,
and - the longer the space of time that will must
elapse before they are rais raised to par; and
that is, before the arrival of that period in at
which, the (as hath just been shewn) whatever additions are made to the
mass of Annuity Note paper, will be made - not
to that part of it which is in circulation, but to
that part of it which is hoarded and kept untransferred
as a source of permanent income upon the
footing of Stock.

6. The result, supposing it true will certainly
not present itself as an undesirable one. Money will
be more and more plenty, the longer the war
continues. It has the air of paradox: but the
truth of it will be found to bear the strictest scrutiny.




Identifier: | JB/001/047/001
"JB/" can not be assigned to a declared number type with value 1.

Date_1

Marginal Summary Numbering

not numbered

Box

001

Main Headings

annuity notes

Folio number

047

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

f10

Penner

jeremy bentham

Watermarks

[[watermarks::[top half of i taylor]]]

Marginals

jeremy bentham

Paper Producer

evan nepean

Corrections

Paper Produced in Year

Notes public

ID Number

47

Box Contents

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