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JB/002/264/001

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Completed

- - 6 Sept. 1800
5
This consider Better to the average Mark by degree

But the resource - (it may be asked) Shall Government deprive itself
of such a resource?
The answer is short and simple. in Government
can not lose the resource, without however first previously reaping
such a profit as would purchase the fee simple of
the resource, instead of which it has now the occasional
use. It is only the real capital of the The real
resource is confined amount of <add>the real cash</add> real capitalcirculating of the Banks
[and to the pecuniary part of it] The fictitious capital
the men mass of annuity paid to the Bank by Government
constitutes no part of it. The profit by the
income is such as would enable Government to
have constantly in hand cash [were there any use in doing so of it.
(Could there by any use of it, which there can not be)
as much as it has ever borrowed from the Bank.

The resources can not be lost to Government, till
it has previously reaped a profit more than

The resources can not be taken away by the incursion,
till profits have been produced to a greater amount
than the fee simple of it. Bank paper need not — too would not
begin to be withdrawn litr th out of the circulation,
till the paper of the Country Banks had been drawn
out of it altogether. Call both together £25 millions:
the greater sum to which the preference ascribed
was not more than £12 millions:
nor: a sum equal to that seems not very likely
to be war again granted by one party, or asked for by
the other; but the profit by £25 millions of
Annuity Note paper sold, restraining the adding in no more
Move the profit by the two first reductions — viz:
that from £3 per cent to £2:1g, per cent - and this from 4 &
5 per Cents to £2:1g: (not to mention would without regarding the
ulterior or minor profits would be several times that
amount.
It


- -


Identifier: | JB/002/264/001
"JB/" can not be assigned to a declared number type with value 2.

Date_1

1800-09-06

Marginal Summary Numbering

7

Box

002

Main Headings

Annuity Notes

Folio number

264

Info in main headings field

Image

001

Titles

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

E5 / F172

Penner

Jeremy Bentham

Watermarks

TW 1794

Marginals

Jeremy Bentham

Paper Producer

Francis Hall

Corrections

Jeremy Bentham

Paper Produced in Year

1794

Notes public

ID Number

1003

Box Contents

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