★ Keep up to date with the latest news - subscribe to the Transcribe Bentham newsletter; Find a new page to transcribe in our list of Untranscribed Manuscripts
149
Ch. XII
Ch. XII. Advantage by addition to Commercial
Security
Another advantage expected, as resulting from
the notion of the proposed paper, is — the addition
it promises to make to commercial
security — the support it holds out to
commercial solvency. Not only does It promises presents
itself, not only as being itself exempt, from these stricter to which
all known paper is the ordinary species of paper money are essentially expired, but
as guarding affording a safeguard to commercial credit solvency against
those stocks, to which it stands at present
perpetually exposed, by the constitution of these
of other purposes
as affording to the community a remedy and that of the
preventive kind, against the mischiefs disorders
to which it remains otherwise exposed, stands at present exposed,
by the incapacities essential to the
by the constitutional weaknesses of these
other papers.
For