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JB/002/263/001

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2 Sept. 1800 +
4

front of it: the to judge from<add> all appearances known</add> proposed probability therefore
the probability therefore seems to be, the prospect of that the plan of the proposed rival
paper could would not be viewed from that superb edifice the Bank
but with a rival's eye.

Should damage eventually accrue to the corporation,
and should the case be regarded as
calling for compensation, the profit would afford
an ample fund, and the situation of the party damnified is
such as would render render it easy to
reserve compensation in a variety of shapes. But to put the public
to any expence in rendering any such compensation
would be a departure from previous practice.
When, Government by threats of forced
redemption Government has compelled the Bank to accept
of a reduced rate of interest. has made a defalcation to the amount of 24 per Cent upon the greatest part of its income compensation has
neither been granted by one party afforded in one part nor demanded
in by the other: To Government, which has carried on
a proper manufactory as long as the Bank
in as much as this of
whose own manufactory of
paper money <add>
is of no</add> less standing than that of the Bank this it will be difficult to say why it should
not be at liberty be forbidden to follow the example of
the Bank, and cut down out its paper into
as many smaller sizes as it found convenient. To Government
has now made any example of
which, for the benefit of the community at large
has made no scruple of restricting the dealings of other manufacturers
of paper money it would be strange if in the same view it were
not at liberty allowable for the advantage of the public
to take its own course in the management
of its own
that which is its own proper manufacture of its own paper — in
the management of its own affairs.

Note (a)

(a)

By the reduction of interest in Government Annuities from
4 to 3 per Cent in Mr Pelhams time A.' 1749, 1750.
23.9.2.c.1.5 (6) Exchequer Bills.</p>


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Identifier: | JB/002/263/001
"JB/" can not be assigned to a declared number type with value 2.

Date_1

1800-09-02

Marginal Summary Numbering

6

Box

002

Main Headings

Annuity Notes

Folio number

263

Info in main headings field

Image

001

Titles

Note (a)

Category

Text sheet

Number of Pages

1

Recto/Verso

"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.

Page Numbering

E4 / F171

Penner

Jeremy Bentham

Watermarks

Marginals

Jeremy Bentham

Paper Producer

Corrections

Jeremy Bentham

Paper Produced in Year

Notes public

ID Number

1002

Box Contents

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