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p.135
Note continued
Annuity Notes Abstract
Ch.XII.Common security
The particulars afforded by the printed documents
are - numbers of Banking Houses
at four different periods, 400 the highestcomparative quantities
of paper issued by a considerablecertain<add>in</add> (16), of that number
at different periods -and absolute quantities
of paper issued at these periods by a lesser
number of Houses (6) all of them in a particular
town (Bristol) - with the quantities of paper issued
in a particular County Devonshire, and the
quantities of paper issued by a single Bank in
another County viz: one of the Newcastle Banks at the
of these documents taken together the result is comprised
in the following Table two first of the above
periods viz: at the
first £120,000; at
the second, upon by the
extinction of a rival
Bank 200,000
But in this account no other paper is comprised
than what in the is called trade goes by the Cash paper. viz
paper payable on demand. ConsumingOf the paper issued on
other terms - such as on so many days after sight
the amount darkness. Quere how
is in regard to paper carrying interest
that interest not commencing till six months
or some other number of months after date? as in
the case of certain Newcastle Banks — In this
composed or not under the of cash paper?
As to the main point - that which to the present
purpose is the main object of enquiry - viz: the
total absolute quantity of paper in issue at the several periods from all these Houses
taken together, the light afforded is faint to an
extreme. From a place ofIn looking for the quantity per House £60,000 a year - the
quantity per House afforded by a place ofstanding so high on the such
commercial eminence and population as Bristol - the town a place
second in both these respects only to the metropolis
seems too high for the whole of England taken together -including