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JB/002/210/001

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112
Annuity Notes
Abstract
Advant.
Conclusion
8
If the reduction goes has not stopped when the redemption of the last portion of debt takes place the redemption will still find the paper of both two issues to operation upon -
If then the reduction of the rate of interest goes
on to the last year of the debt without stopping,
the state of the paper, during that last year,
in respect of its division being divided into paper
of two issues, (viz a closed issue and an open
one) will be the same, at that supposed last period of
the existence of this paper, and of the redeemable
part of the National debt, as is exhibited in
speaking of the advantages belonging to the 4th
Period of its existence:— the last mass of redemption
money applied to the purpose of redemption
will sweep them off both together:
the paper swept
off by the last mass of redemption money will be paper
of two different issues.

95
- if it has stopped any where, it will find but one.
On the other hand, if it the emission and
consequent reduction have stopped any where, there
will, at that last stage, be but one rate of
interest paid by government on the redeemable part
of the debt: but as there will the Annuity Note paper
remaining at the time will be, all of it, of the
same issue, viz: the three closed issues: there being
at that time another issue opened, but no paper
belonging to it, of that issue thus proffered issue in existence, [because it meets not with any
customers
[because to nobody will purchase
any] because no customer will meddle with it.
any at that price.
For



Identifier: | JB/002/210/001
"JB/" can not be assigned to a declared number type with value 2.

Date_1

Marginal Summary Numbering

4-5

Box

002

Main Headings

annuity notes

Folio number

210

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

e5 / f112

Penner

jeremy bentham

Watermarks

Marginals

jeremy bentham

Paper Producer

Corrections

Paper Produced in Year

Notes public

ID Number

949

Box Contents

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