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JB/001/066/001

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3
Annuity Notes
Ch Miscell. Effects
continued

34
During the whole
of this period -
Stock will not
be susceptible of
rise or fall

4. During the whole course of this period,
the price of Note Annuities over the price of
Stock Annuities would will not any more than the
price of Note Annuities, be susceptible either
of rise or fall: except the fall that might take
place from any sudden addition made to the quantity
of Stock Annuities in contemplation of a war,
supposing the time of their being raised to par
as aforesaid to be a time of peace. For, Bating
this contingency, apart Stock Annuities could not rise
fall because the same causes that raised them to
par would be remain acting with accumulated force every
day paid off at par. and paid off in large
quantities much exceeding any habitual quantity
of demand, a man would never give £101 for a
property which in a short time In
would be taken out of his hands for £100.

45
- nor will Note
Note Annuities
be susceptible
of rise

5. Nor yet, even as to the last moment of this
period would it be possible for the price of Note
Annuities nor to experience the smallest rise. For though
towards the close of the period, or even much
earlier it would be foreseen that immediately on
the termination of it the rise war apart as abovementioned would must be mostly
entire and considerable and immediate, yet, as
down to that very day any quantity would be to
be had at par, no man of course would give
a single penny above that price




Identifier: | JB/001/066/001
"JB/" can not be assigned to a declared number type with value 1.

Date_1

Marginal Summary Numbering

4-5

Box

001

Main Headings

annuity notes

Folio number

066

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

f3

Penner

jeremy bentham

Watermarks

<…>m 1798

Marginals

jeremy bentham

Paper Producer

frances wright

Corrections

Paper Produced in Year

1798

Notes public

ID Number

66

Box Contents

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