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Stock market in Paper Wings
Circulating Plan Annuities:-
Plan Proposal
For the constitution creation, circulation, and payment of a
proposed new species of Government Paper,
under the name of Annuity Notes, to answer
the purpose of Stock, for the investment of small
small andor temporary thereby Sums: whereby [+] [+]money may be raised by Government at a reduced rate of interest - the discharge of the national debt mediated.
of large and continually increasing sumfund may be
raised by Government at a reduced rate of interest -
- the price of Stocks raised & uniformly supported prudently and constantly promoted
Frugality assistedencouraged and promoted among individuals of all ranks and denominations
The means of - frugality and accumulation withoutfuture provision secured and placed the attachment of the lower classes to the constitution strengthened by new ties
and The means of making provisionaccumulation, providing for future only upon
the securest times set down, placed brought down to the level ( andfor the first time) within an addition made to the national capital and to the national income as well as to the national capital.
the reach of the inferior and most numerous classes
the great body of the people.
the reach of the laborious and most numerous classesgreat body
of the people. and their attachment
to the constitution existing Government strengthened by new
ties
Submitted by Mr Dundas principally with a view to
the informationapplication or of a plan to British India. are a
For the a popular principle.
Every Man his own Banker. a permanent as well as speedy addition made to the quantity of currency in circulation without any suchrisk of discredit or depradation as all other paper currency is exposedpayable in d is essentially exposed to
being a Plan for the establishment of a Paper
currency by means of which every man.would make Banker's profit on
his own money by making interest upon interest for every
would making interest int upon interest of this money necessary of it for every
day thatof his keeping it he kept it. day induring which he kept it.