JB/002/316/001

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8.

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5 Ch. XVI. Circulating Annuities

II. Promotion of Fugality A result not to be viewed without regret is — that,
in every period after the second, and , in proportion
as the rate of Interest afforded by Government-Annuities comes

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Note(a) continued.

children have a principal share :- they derive nothing but
vexation and distress, from the money spent at the Ginshop
or the Alehouse. Compared with the prodigal, the hardest
of misers is a man of virtue . —

In the "oOutline of a plan of provision for the poor" as
printed in Young's Annals of Agriculture, among the collateral
uses as these mentioned, as derivable from the system of
Industry-Houses these proposed, is that of their affording,
each of them to its Neighbourhood, a bank, for the reception
and improvement of the produce of frugality on a small
scale, under the name of Frugality Bank. In the plan
that was handed about of the then proposed Globe Insurance
Company , since established by Act of Parliament, among the
uses mentioned as proposed to be made of the Stock of such
Company, is that of carrying on the business of such
a Frugality-Bank; with a reference to the suggestions
given in relation to it in the above papers .—

Were the proposed Annuity-Note paper to be emitted,
"Every poor man might be his own Banker":
every poor man might , by throwing his little hoards
into this shape , make Banker's profit of his own
money . Every Country Cottage every little town Tenement—might,
with this degree of profit, and with
a degree of security till now unknowne, be a
Frugality Bank. —

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Identifier: | JB/002/316/001 "JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering	Not numbered
Box	002	Main Headings	Annuity Notes
Folio number	316	Info in main headings field	Ch. XVI Circulating Annuities
Image	001	Titles	Note (a) continued
Category	Copy/fair copy sheet	Number of Pages	4
Recto/Verso	"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.	Page Numbering	F5 / F6 / F7 / F8
Penner		Watermarks	1798 AM
Marginals	Jeremy Bentham	Paper Producer	Frances Wright
Corrections		Paper Produced in Year	1798
Notes public	s	ID Number	1055
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