★ Keep up to date with the latest news - subscribe to the Transcribe Bentham newsletter; Find a new page to transcribe in our list of Untranscribed Manuscripts
Annuity Notes
Abstract
interest; a mode of accumulation, which familiar as
it is in name is not in effect capable of being
realized by any other means in favour of individuals,
though so happily brought to bear in favour of the
public in the instance of the National Debt Sinking Funds : not to
speak of the collateral advantage of strengthening obtained
from them by producing creating on the part of the lower orders
in respect of the the proposed new species of property, a fresh and more
palpable dependence interest in the stability support of that
government, on the tranquillity of which the existence
of such their property will depend.
Addendum 16 Aug. 1800 No 1
Coin or In coin or in paper, the number of customers for a
a species of money in circulation — the number of
persons capable of receiving and passing it, through which it is of passing
matter value of it diminishes and consequently the quantity of it capable of making its
way into the circulation, encreases, as the value of the pieces of which it is composed . This has been observed
by Adam Smith: but seems not to have been
observed, who till compelled by necessity, never gave
themselves the advantages they are now drawing from the
£2 and £1 notes.
Addendum No 2 — Capitalists who make use of it as capital
A man who has obtained a capital of £3000 by the sale of Gover
means in Government Annuities may dissipate it, as a
man who has an inherits or buys an landed estate of the same value may dissipate it
And the dissipation is as much prodigality in the one case
as in the other: Capital and the prodigals will not be in
greater proportion to the frugal in one case than the other
Capital is not the less capital for being capable of being
dissipated.
Identifier: | JB/002/044/001 "JB/" can not be assigned to a declared number type with value 2.
|
|||
---|---|---|---|
1800-08-16 |
|||
002 |
Annuity Notes |
||
044 |
|||
001 |
Addendum 16 Aug. 1800 No 1 / Addendum No 2 |
||
Text sheet |
1 |
||
"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.
|
|||
Jeremy Bentham |
1798 A<…> |
||
Frances Wright |
|||
1798 |
|||
783 |
|||