JB/002/370/001

520px

19 Remedies

Government could not without the imputation of hardship
give itself this as against the Bank the monopoly of th
any of those species of currency which the Bank are
in possession of issuing: it could not forbid without exposing
itself to that imputation forbid the Bank from issuing
the Notes in the form in which it is accustomed to issue them
to the amount of £8 and upwards: but it might with
and that without any imputation whatever preclude the
Bank from issuing any notes of any sort which it never
has issued, notes for instance to a less amount than £5:
giving itself thereby as against the Bank the a monopoly
in a of with respect to the issuing of notes to such inferior
amounts.

Another advantage besides the encreased chance of circulation
attending the issuing of such small notes on the part
of Government would be the security which such the
smallness would afford against the danger of a run.
The smaller the wider they would be dispersed, the and
the wider the dispersion the more numerous the holders</del>
Such small notes would be much more widely dispersed
than larger ones: they would get into remote parts of the
country into which the present large ones scarce ever penetrate.
The hands among whom they would be distributed
would be more numerous, and many of them more remote
from all intercourse with the metropolis. on account of that remoteness It would
be the more difficult for many of the holders to present than
notes for payment, and on account of the smallness of
the notes it would be the less worth a each man's while. At the same

Identifier: | JB/002/370/001 "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	370	Info in main headings field
Image	001	Titles
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	e19
Penner	jeremy bentham	Watermarks
Marginals		Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	1109
Box Contents