JB/002/248/001

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+ Note to p. 155 157 Note to p. ( ) to p. 6 155 Note to p. 6

3o Note Abstract

Ch. XII 5 (a) Amount of national income money compared with that of national money income
(a) Total of National income according
to Dr Becke_ _ _ _ (the official estimate not
including Lab income from labour, and therefore not being applicable to this purpose) _ _ _ }£217,000,000
Quantity of National metallic money —
, Gold Silver and Copper say
together (Gold alone being according to Mr Secretary
say then near £44 millions) say }45,000,000
Bank paper, before the pressure of 1797 & the 1797, and the
by the £
consequent extension by £2 & £1 Notes
as per Accounts published on an average about _ _ _ _ }10,000,000
Country Bankers circulating paper, by loose
estimate (see below) _ _ _ _ _ }12,000,000
Common Bills of exchange by random conjecture
or for the purpose _ _ _ _ _ _ }3,000,000
£70,000,000
Addition by £2 and £1 Notes- say £3,000,000

the addition made
Loan as to Bankers circulating paper
by allowance of smaller notes
the late tax

Qusn as to the addition made to Ban the amount
of Bank and Banker's paper since by allowance
of smaller notes, since considering the effect, if any of the late tax imposed on that
species of paper?

Are Exchequer Bills to be considered as entering
into the composition of the mass of paper money?
They perform that function, at any rate, in the neighbourhood of the Change, will not better
much more difficulty than Bank Notes of the same
magnitude. magnitude: the intervention of Broker's assistance, and <add>Broker's fee being though convenient in some instances, not necessarily in all.—</add> Being the In this point of view,
the recent addition to the quantity of this species
of paper, in consequence of the additional sums raised
within the year, by the trebling of the assessed taxes and since by
the Income Tax, may contribute help to account for
the great plenitude that has so rapidly succeeded to
the preceding scarcity.

Being so evidently the better adapted to uncover the
purpose of money in proportion to the smallness of the sums it [+]
[+] it seems the more difficult to account for the recent prevalence in number of the £1000 and £500 Bills over the £100 Bills, which are the smallest in use.

Identifier: | JB/002/248/001 "JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering	5a
Box	002	Main Headings	annuity notes
Folio number	248	Info in main headings field	note to p. 155
Image	001	Titles	note ( ) to p. 155
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	f157
Penner	jeremy bentham	Watermarks	1798 a<…>
Marginals	jeremy bentham	Paper Producer	frances wright
Corrections	jeremy bentham	Paper Produced in Year	1798
Notes public		ID Number	987
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