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14 Aug. 1800 Art. 20
Note? to p.27
(a)The complication incident to this state of things
may merit as present itself at the moment, as an objection to the
measure. + + Notes of two speces current at a time: those of the closed spece bearing a premium, different in each class the several classes how ever numerous: those of the open spece, bearing no premium: and each note, increasing and thereby verging in value month after month every year, half year, quarter, month, week, or day as time advances, be according to the magnitude of the note.] But, as to Government the complication
will not be attended with any embarrassment. Whatever
variables the price may be subjected to in
the way of circulation, government there will be
but one price for government to pay on redemption,
or receive on spece. To individuals the variety
is productive of neither loss nor trouble. Where
the diffusion is no object to a man, he will accordingly
pay on taking a stock, or s make a demand
on parting with it: accordingly: when it the difference is no
object, he will neither pay it nor demand it. Disputes It can not be productive of any dispute:
since whatever may be the difference amount, no man has
any right to claim it: there will be no table authoritative to
fix it the amount, and attest the reality of it, as in
the case of the augmentation by lapse of time - Increase by
daily or half-yearly interest unreceived. To those
who will take upon them the trouble of attending
to the variation, and whose dealings in relation to it will thereon be conducted in a large scale, it will
afford a source of profit: and in that character
may afford to the proof have classes of professional men, the stock Broker and the professional
Stock - jobber, a compensation for the any loss
they would might sustain otherwise from the .
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Identifier: | JB/002/073/001 "JB/" can not be assigned to a declared number type with value 2.
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1800-08-14 |
23 |
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002 |
Annuity Notes |
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073 |
Art. 20 |
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001 |
Note ? to p. 27 |
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Text sheet |
1 |
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"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.
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E7 / F29 |
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Jeremy Bentham |
1798 A<…> |
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Frances Wright |
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1798 |
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812 |
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