JB/002/154/002

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Judges being referable not to the copiousness of the foreign demands
but to the constitution of the existing private paper payable a
demand to experienced of some of the Country paper
to the occasional of the paper of the Great
chartered Company coupled with its preceding Copiousness
and the excess of its advances made by the Bank Company to Government
causes which would after all would not have been adequate
to the production of the effect had it not been for these alarms
of Invasion which were prevalent at the time.

3. That no such extra demands for Cash supposing it to
exist could produce any depreciation in the price of the proposed
paper till after it had put an entire stop to the purchase of
it in the way of issue: since the progress of the issue being
matter of universal notoriety, it could never happen in virtue of art that in
any part of the Country (the expence of portage out of the question)
a man should give £100. for such a quantity of this paper
as might in any other part of the Country be had for £99.19.0.
But in the nature things setting aside the influence of the supposed
extraordinary & temporary causes the amount of the demand for this
paper cannot but be regularly receiving a regular and very
rapid increase.

4. But if in a case thus void of probability it were worth
while to look out for a remedy, a remedy and that of the
preservative kind might easily be provided for it — I mean
that of a Cash Fund (not to exceed suppose a Million) formed out by
a reserve set made of a part of the profits of the operation (as per art 9.)
to be employed in case of need in the support of the price of the
proposed paper, by either buying it in with Cash or taking it in place for
cash, from the time that the discounts upon it had risen to an amount
worth regarding. In consideration of this steadiness of Price the proposed Paper would
becomes everybodys money. and

A Consideration of the characters of the all persons who would be of the
monies matter of money above enumerated will shew that that is all classes that they were of the Community whilst it existed? are likely
to be included among the holders of the proposed paper either as profit customers for
permanent or temporary annuities upon large or small scales
for and at the proposed paper would a value in use superior to Gold & Silver; it would yield and a Solidity of value far
exceeding the paper of any private Banker or even of the Bank of England; a solidity increasing with the increase of its amount a solidity only to be destroyed by destroying the upon the Interest promised like paid.

Identifier: | JB/002/154/002 "JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering
Box	002	Main Headings	annuity notes
Folio number	154	Info in main headings field
Image	002	Titles
Category	copy/fair copy sheet	Number of Pages	2
Recto/Verso	recto	Page Numbering
Penner	richard smith	Watermarks	w warren 1832
Marginals		Paper Producer	benjamin cooke griffinhoofe
Corrections		Paper Produced in Year	1832
Notes public		ID Number	893
Box Contents