JB/002/176/001

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18 34 Annuity Notes

Ch . 8. Advantages Financial Period 1 3. Notes in hand 186 continued As this would be the course taken by each such individual
Receiver, on the supposition of a due attention
on his part to his own interest, a reason occur there is
one consideration that presents itself in the character
of a reason for not having the matter to the discretion why Government should not have the
matter to the individual but take it into
its own hands. Guided solely each by his own interest
the quantity of this paper Annuity note paper
taken out by money drawn from this source might
come to be so great within a given span of time
come to be so great, as in conjunction with the quantity
taken out by many individuals within that
time might come to produce a glut of this paper
and sink the price. So long as it depended
upon the individual, [+] [+] and supposing as must be the case that the Annuity note paper so purchased would be removed all the Exchequer or other principal Government Office, at par as must be the case no degree of depretiation thus
produced would be sufficient to prevent or so much
as check the practice: : though it were to condemn some whatever were the amount
to 50 per Cent reducing of the depretiation; in
the money market at large, every £100 worth of
this paper being received from loan by Government
at £100 with the interest up to the day
when so received, his profit would not be diminished
by it in the least diminished by it.

Government would in the other case take care
that no such depretiation should ever take place, at
least in any degree worth regarding: or in the very
first stage of such depretiation, though it was to be but
a farthing upon the standard Note of £12:16s, Government
would give the requisite orders for stopping
the exchange. It

Identifier: | JB/002/176/001 "JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering	18 continued
Box	002	Main Headings	Annuity Notes
Folio number	176	Info in main headings field
Image	001	Titles
Category	Text sheet	Number of Pages	1
Recto/Verso	"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.	Page Numbering	E4 / F18
Penner	Jeremy Bentham	Watermarks	<…>M 1798
Marginals	Jeremy Bentham	Paper Producer	Frances Wright
Corrections		Paper Produced in Year	1798
Notes public		ID Number	915
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