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5
[10] [At any time by Government] The use of the words
"at any time" is to point the attention to some
particular day as the day to which the interest that will be to
be paid on the supposed redemption of the Bank Note
,
Annuity, will be to be computed: — that it may be
the more clearly apprehended what is meant by
the interest thus to be paid in addition to the principal.
The use of the words "by Government," is
to point the attention to the difference between the
ordinary case and th continually — recurring case
in which a man the individual holder of such a note receives
the value of it, principal as well as interest
by the transfer of it made of it with his own consent to another individual, who
receives it in the course of circulation, and the extraordinary
and hypothetical case in which, with
or without his consent, he receives precisely the same
sum at the hands of Government. — But Mean time, of these
words, (as of any other that might present themselves
as capable of being of use if the Form
of the Note in any particular point of view) it may
be always be observed — and that with justice — that
if they are not necessary of service they do mischief,
by adding to the length of an instrument in which brevity
would be an advantage.
As to the clause itself, whereby these Annuities
like others Are Government Annuities, are made
subject to redemption, a power for that purpose could
not but be inserted: since, to away for have it <add>by a</add> a debtor
bereft of th the power of liberating himself would be imposing a burthen
evidently unfit to be imposed. At the same time, considering
the particular conveniences belonging to Annuities
thus secured according to the proposed mode (for which see )
and