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26 Aug. 1800+ 47
2 Annuity Notes
Abstract
Grounds
.2 1. Stock Annuity
1.
2. Private
In comparing the proposed species of Government
security Annuities with the existing species of Government
security, Viz: species already existing in the shape of
Compared with the market afforded by
Stock Annuities, we think find it possessed of the
following advantages —
in regard to purchase —
1. No journey trouble or expence in journeys should on the score of journeys to London, or should
2 No trouble of attendances there. at a distance from home and to London
2. No expence on the score of Agency — 3 No expence of
— 3. Brokerage. expence of postage. 4. No expence
— 4. Stamp Duties. — 5. no fees for powers of Attorney 6. No or 6. No expence of brokerage postage
— or 6. Postage. — 7. No danger of loss by buying too dear to a disadvantage.
III in regard to Discovery custody —
1. the Interest daily: — not so much as a days interest
need ever be lost. 2. Interest receivable
without trouble. 4 3 compound interest capable
of being made with certainty and facility. 20
May division of the paper, or security the possession the Settlements of money in trust may be made, by this means,
if it is capable of being guarded against
loss, by a species of safeguard security inapplicable to the case of Refer to
money. 10. By the same means, interest it enables it renders Settlements of it
ments the power may be made by this means to be more without trouble or expence.
III. In regard to Transfer.
1. No expence or <add> journeys or trouble on the score of journeys for attendances.</add>
1. No trouble of attendance. 2. No expence of Agency 3
2. No expences on the score of Agency — 3. Brokerage — 4
3. No expence of Brokerage expence of postage
4. Stamp Duties. 5 — Fees for powers of Attorney or 6
4. No expence in Stamp Duty of for power of Attorney
5. No expence of postage. 6 7. No danger of loss
by selling too cheap to a disadvantage. 8. The capital 7. The Capital of the mass of notes,
employable in the shape of circulating capital, like so
much cash, without in whatever portions may from time
to time be created requisite, <add> just like so much cash, </add> without trouble or expence.(a) (a) Note on next
page. p.48