JB/002/224/001

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26 Septr 1800 + 12do 3o, 126 Annuity Notes Abstract

Ch. Financ. War Loans 3 A defalcation made from the mass of Stock will better the price not only of the next, but all-suceeding Loans - Any milioration thus produced in the price of
Stocks, and thence in the terms of the Loan for of
any given year , will operate — (it should be remembered) not only on the Loan
of that year, but on all succeeding Loans during
the existence of the existing Debt: for 5 millions
taken from the Debt not till next year <add>the second year </add>, will
not leave the remainder so small by 5 millions,
as if 5 millions had been taken from it the year
before</del> (a) (a) Note sum, whatever additions the debt may come
to experience in the course of any number of succeeding
years, it will always be the less by the amount of all
the defalcations that have been ever made from it. (a) (a) Note at bottom of this page Were

Note to p. 126

3 (a) This is not the less true, how much soever the price may have fallen likewise lower & lower. (a) This, though so evidently true as to appear little better than almost vengatory,
will be apt enough, to be overlooked, or even appear
disputable: for, such will naturally enough be apt to be the case, supposing, if Stocks, to fall if, after rising the first year
of the application of the given cause of elevation malioration to fall
the [yield to influence Stocks - should, in consequence if fresh causes of depression,
and accordingly] fall the next. experience a fall
the next or any other succeeding year. or any subse

Identifier: | JB/002/224/001 "JB/" can not be assigned to a declared number type with value 2.
Date_1	1800-09-26	Marginal Summary Numbering	3, 3a
Box	002	Main Headings	annuity notes
Folio number	224	Info in main headings field
Image	001	Titles	note to p. 126
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	f126
Penner	jeremy bentham	Watermarks	<…>m 1798
Marginals	jeremy bentham	Paper Producer	frances wright
Corrections	jeremy bentham	Paper Produced in Year	1798
Notes public		ID Number	963
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