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JB/002/376/001

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31

These several modifications ways of allowing interest
I give rather for the purpose of illustration,
and to compleat the view of the subject than as supposing expecting
that any one of them will be deemed preferable
to the most simple and most exp advantageous source even <add>expedient</add>
experiment of a paper without interest. It has

It has been shewn that there is and I hope It has I hope been t made pretty apparent,
that there can be no reason for supposing that interest
should be necessary. But if not necessary, besides being
so much thrown away it may be doubted whether instead
of be promoting the circulation, it might not tend rather
to impede it. Gan Allow interest and you put the
paper per tanto upon the footing of the present Exchequer
Bills: — you bring it into comparison with
Exchequer Bills, and the comparison is in point of interest
seen immediately to be to its disadvantage. Nay
Exchequer Bills we may make from to so to be 1/2
per Cent interest: by these this new paper not so much
as 2 per Cent. This disadvantage strikes at first sight
and is within the reach of every observer: the expected
advantage expected to arise of in point of superior facility of
circulation from the smallness of the sum, or from
the faculty of obtaining payment of principal or interest
or both, upon demand is matter of inference and reasoning,
and comes not within the reach grasp of every eye.




Identifier: | JB/002/376/001
"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

376

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

e31

Penner

jeremy bentham

Watermarks

Marginals

jeremy bentham

Paper Producer

Corrections

Paper Produced in Year

Notes public

ID Number

1115

Box Contents

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