JB/002/363/001

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5 Remedies

otherwise have been employd upon in private paper,
upon Exchequer Bills: but this can will hardly be found
to be the case. Discount upon private Bills is already
at 5 per cent: and higher the law will not suffer
it to be Unless the influx of money upon private
Bills were to lower the discount upon such bills, no
such influx could tend to throw out any money out of that
market into any other. But it does not seem likely
that any such influx should produce any such fall depression
For whole stocks are so low as to pay almost 5 per
cent and Navy Bills 1/4 per cent more, the probability
is that a quantity and that a very considerable
one of undoubled Private Bills go undercounted are
are unable to meet with Discounters: so many, that
all the money that can be thrown out of the market Navy Bill
for Navy Bills will not be sufficient to fill up the answer the
gap. demand.

On the other hand it must be allowed that
Private Bills are not the money of every man
whose money Navy Bills and Exchequer Bills are.
For when a man has once parted with his money
by discounting of a private Bill, say that has
6 weeks to run, he can not has no way of getting
it back during the 6 weeks: whereas when he has
laid it out in the purchase of Navy Bills or
Exchequer Bills one day, he may get it back the
next if any sudden occasion for calling on his money
should present itself. Upon the whole then the probability seems

Identifier: | JB/002/363/001 "JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering
Box	002	Main Headings	Annuity Notes
Folio number	363	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
Penner	Jeremy Bentham	Watermarks
Marginals		Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	1102
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