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JB/001/089/001

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2
2 Annuity Notes
Ch. 8.
Financial
Period II

3 continued
But by the denomination
of the
mass in circulation
in
regard to that mass
which is the one
that affords the
greatest part of
the profit under
this head.

In regard to the mass of Annuity Note paper
in the hands of the class of Flying Annuitants, in other
words the mass habitually in circulation being
the mass on which the profit would be by far the most permanent
and considerable extensive, & steady and
considerable, this branch of profit would, instead of so far from
being upon the increase be upon the decline. — During
the whole of this period whatever might prove
the length of it, though as already stated, (the
expectation is that it would be short indeed) during
the whole of it the hoarded part of the mass would be increasing
at the expense of the part mass in circulation.
While by the operation redemption of
Stock Annuities the Annuitants as fast as
they were thus expelled from the Stock Books if
Stock Annuities were thus driven into the purchase
of Note Annuities Stock and Note Annuities taken
together, the whole mass of Government engagements
affording constitutive of a source of permanent
income would be undergoing continual
reduction by the operation of the two
existing Sinking Funds. By this means the
supply the quantity of this species of vendible
property capable of being kept in hand [+] [+] viz: kept constantly
in the hands of
one and the same
individual
as a source
of income permanent income, would be growing daily
less and less. But the demand for the species of property
in question, and that with a view to this particular
use of it, will so far from being proportionably in




Identifier: | JB/001/089/001
"JB/" can not be assigned to a declared number type with value 1.

Date_1

Marginal Summary Numbering

3

Box

001

Main Headings

annuity notes

Folio number

089

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

e2 / f2

Penner

jeremy bentham

Watermarks

Marginals

jeremy bentham

Paper Producer

Corrections

Paper Produced in Year

Notes public

ID Number

89

Box Contents

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