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JB/001/059/001

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21
Annuity Notes
Ch Miscell Effects.

14
14 The amount of
the inconvenience
will go on increasing till
the explosion of
the existing Bankers
Bankers paper is
compleated.

117. 14 The amount of this loss, considered in point of extras
(that is considered with the respect to the number
of persons on to whom it extends itself) will be
greater and greater, in proportion as the withdrawing relinquishment
of trade on the part of Bankers of Bankers out of trade extends:
decline yn the Banking
business

and will accordingly be at its maximum, when
the whole of the capital at present employ'd in
the Banking business is withdrawn from it, or
if not the whole whatever part may come
to be expelled by the proposed Annuity Note
paper.

15
15 When thus arrived
at its maximum
it will be subject
to causes of aggravation
& mitigation
<p>128. 15 When thus arrived at its maximum, (by
which time the total mass of currency, will
/ as above explained) have begun to receive a clear
increase,) this loss will be subject to the influence
of two conflicting causes - the one tending to enhance
it, the other to reduce and mitigate
put an end to it or alleviation alleviate it

16
16 Causes of aggravation -
1. Profit by discounting
Bills
reduced by the
difference between
5 per Cent & 3
per Cent

19. 16 The cause operating tending in to the extension and enhancement
of the loss in question is this: viz: that the certainty
of making three per cent of money without
the risk least particle either of risk or trouble being
(viz: by the means of the proposed Annuity Paper
being entire the comparative amount of profit
capable of being made by lending on private personal
security, viz: by discounting Notes or otherwise
will be so much the less: some measurement as the




Identifier: | JB/001/059/001
"JB/" can not be assigned to a declared number type with value 1.

Date_1

Marginal Summary Numbering

14-16

Box

001

Main Headings

annuity notes

Folio number

059

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

f21

Penner

jeremy bentham

Watermarks

Marginals

jeremy bentham

Paper Producer

Corrections

Paper Produced in Year

Notes public

ID Number

59

Box Contents

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