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JB/002/033/001

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Annuity Notes

Beginning

To this it may be added — that if the
Stocks — as not affording a circulating medium paper
did not were not of themselves commensurate to
the demand for money in the shape of interest
secured by public credit, yet considering the the
quantity of public paper circulating in other so many
forms — Exchequer Bills — Navy Bills
Ordnance Bills and India Bonds, there is
not a conceivable modification for that demand, for
which the market does not in its present state afford an abundant
and adequate supply, in its present state.

Thus far the objection — In reply of to
it, it will be shewn—

1. That the market neither does not, in its present state
afford — nor can, otherwise than by the proposed Notes be made to afford — but by
means of the proposed Notes — masses portions of annuity interest
compound capable of being purchased by suited to the circumstances of the possessors of small
sums: that is, obtainable upon such conditions
in the acceptance of which they can find any as can be worth their acceptance
advantage as it can be worth their while to accept.

2. That neither does it afford to the possessors
of temporary sums a a secure and adequate means sufficiently secure
of employing those sums such monies so circumstanced to advantage — especially
if the amount be inferior under £100
(the least amount quantity of capital capable of being invested
in the purchase of an Exchequer Bill or India Bond)
and the time during which it will be in a man's power to
continue continue such investment, uncertain and precarious.


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Identifier: | JB/002/033/001
"JB/" can not be assigned to a declared number type with value 2.

Date_1

Marginal Summary Numbering

4

Box

002

Main Headings

annuity notes

Folio number

033

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

d4

Penner

jeremy bentham

Watermarks

tw 1794

Marginals

jeremy bentham

Paper Producer

francis hall

Corrections

Paper Produced in Year

1794

Notes public

ID Number

772

Box Contents

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