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89
4. 4. Profit by Notes lost.This source of profit
will be small. During During the whole of this second present period, as compared with the first the this
source of profit will be in much the encrease: a quantity
in the increase; in the same proportion as the
of Annuity Note paper equal to the whole amount
sources last mentioned and for the same reasons.
of Stock Annuities being in the course of it added to the mass.
The paper in circulation will be the part most
exposed to loss: and as this part will be rather upon
the encrease than diminishing, the total amount
of profit in this score does not seem likely to diminish
during this period, notwithstanding the diminution
which the total mass of this paper will
be experiencing from the operation of the Sinking Funds.
It is neither to be expected however nor to be wished
that the sum of loss to individuals profit to Government
i.e: of (loss to individuals) upon the large
masses hoarded for the purpose of income should
approach to that upon the small notes continually
passing from hand to hand.
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Identifier: | JB/002/187/001 "JB/" can not be assigned to a declared number type with value 2.
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1800-08-23 |
5 |
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002 |
Annuity Notes |
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187 |
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001 |
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Text sheet |
1 |
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"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.
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D5 / F89 |
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Jeremy Bentham |
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926 |
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