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[24][25-7][26] Employd
[25] [Daily Interest Table]
<p>For the grounds and reasons of the insertion of this
Table see above Note [ ] in the Plan itself as delineated
in Ch. [2]
[26][27][28][No interest on the last day &c] The
striking off the odd farthing for the last day in
every year and for the intercalary day in
the Leap Year can be no object to a purchaser,
and saves a deal of fractional work and complication.
The other provision is a preservation
against perplexity, disputes and litigation.
The subject matter is but a farthing: but
a law suit about a farthing costs as much
as a law suit of the same kind about £
a hundred pound. No point, capable of giving
birth to subsequent litigation, is too trifling for
previous explanation. It is a sad case when
the legislator, for want of having comprehended
his own meaning, leaves it to be groped
for by the Judge.
Possibly, in a case where the information
requires to be brought down to a level with the
most uninformed minds meanest capacities, the addition of the
information contained in the following words
might be of use. To make up the value of the note for a dayany day which odd day: i.e. any day which not in the Table, add a
farthing a day for every each every day between thatsuch odd day and
the day last daypreceding it which is next before it in the Table. But the
room occupied would be so great, that the better way
seems to be to put it off transfer it to the explanatory papers
which it is already proposed referred to as kept
for inspection at the Local Offices.
Identifier: | JB/002/130/001 "JB/" can not be assigned to a declared number type with value 2.
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[[marginal_summary_numbering::[25] [26] [27] [28] [sic]]] |
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002 |
annuity notes |
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130 |
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001 |
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text sheet |
1 |
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recto |
d46 / f46 |
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jeremy bentham |
1798 a<…> |
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frances wright |
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1798 |
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[[notes_public::"employ'd" [note in bentham's hand]]] |
869 |
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