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JB/002/117/001

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5 Annuity Notes

Ch Form
Notes

The use utility of the invention in this point of view
seems to be — not consists — not in not the affording any independent security
against forgery — but in the affording the means
of obviating the objection that might present itself
on the ground of expence to the species of security
already indicated.

That even without any such reduction the
objection on the ground of expence need not be
regarded as insuperable, it may be inferred from
the instance of engraving engraved figure at present visible in
Bank Notes. The figure is an emblematical
one — Peace with an olive branch, or some such
personage. As The wear and tear upon the portraiture
of a real personage, [+] [+] The Governor or Cashier of the Bank for instance would not be more
than upon the portraiture of an imaginary one.
This ornament or security This embellishment, whether
designed for sec
for whatever purpose designed — ornament
or security, or both — is not denied to Bank
notes of the lowest magnitude — viz: £1 Notes.

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