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August 22 1800 + A 1
Ch. 6. Financial Advantages continued Period II x
Type a little larger
Period II .. From the arrival of Stock Annuities
at par, to the redemption of the last portion of
Stock Annuities; whereupon followed follows immediately by
the opening of the £d issue of Annuity Notes,
at the reduced rate of 2-3/8 per Cent.
16 1. Profit (in respect<add>the shape
</del> of principal money)</add>
by Sale of Notes ceases: but, in the event
of the nature of a fresh parcel of Stock Annuities
revolves, and continues till the redemption of such
Stock Annuities. See Ch. Justice .
7. Profit by interest unreceived continues: but the
amount a diminishes, by the amount of the quantity paper which will be
of the paper absorbed out of the circulating mass, who kept by those who
keep it in hand for the purpose of income. The
By the continually increasing abundance of national
capital, parts of capital form which is inc an
income is wished to be derived without the trouble
of management, the demand for government Annuities
will during this whole period be in the increase;
which by the operation of the Sinking
Funds the quantity of it at market will be
as continually diminishing. T While During the same period, when Note Annuities
even derive their Stock Annuities viz: yielded
a less rate of interest, than whose circumstances admitted
of their dealing in Stock Annuities would
not meddle with Note Annuities: but during the
present period, Note Annuities are no dearer than
Stock: — therefore
Identifier: | JB/002/184/001 "JB/" can not be assigned to a declared number type with value 2.
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