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JB/001/090/001

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3
3 Annuity Notes
Ch. 8.
Period II

2. Interest Forborn
3 continued

on the decrease be on the increase: it the demand will increase
in virtue of, and in proportion to, that uninterrupted
course of increasing prosperity and accumulation,
which has all along kept it on the
increase hitherto, in spite of the ravages of war, and notwithstanding the supply continually
poured in by the expences of war of the commodity in question poured in in the such abundance
by the loans made and annuities created
to defray the expences of the war. While permanent
income will be to be had no otherwise
than from Annuity Notes, the quantity of Annuity
Notes to be had at market will be every day smaller and
smaller: the customers for permanent income will
therefore be constantly on the watch to fish for
Annuity Note lay hold of the paper as fast often
as it shews itself in the circulation: and since whoever
wants it for this purpose will must so long as he
continues to apply it to this the same purpose keep it
in his own hands, that is keep it out of the circulation, the quantity remaining
in circulation will by this increase be every day daily
growing less and less. Reference onwards.

4
The smaller the
notes, the less
apt they would
be to be hoarded.

The <unclear>highest notes being and commodious
The fewer notes a given sum is composed
of, the more commodious for the individual who
keeping them as a source of permanent income,
has to send them in for payment of interest, and
to receive them back again as the interest becomes
due. It is upon the higher Notes in the first instance
that the increasing scarcity will fall
in the first instance; descending lower and lower -
extending itself to smaller and smaller notes, as it
increases.




Identifier: | JB/001/090/001
"JB/" can not be assigned to a declared number type with value 1.

Date_1

Marginal Summary Numbering

3-4

Box

001

Main Headings

annuity notes

Folio number

090

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

e3 / f3

Penner

jeremy bentham

Watermarks

<…>m 1798

Marginals

jeremy bentham

Paper Producer

frances wright

Corrections

jeremy bentham

Paper Produced in Year

1798

Notes public

ID Number

90

Box Contents

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