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+ Notes
Annuity notes
Plan
1 Constitution
introduction of the system perhaps the Yearly plan
might on that account be the preferable one upon the whole.
but as it came to be extended complication in
this respect as in others would be might become
necessary, and if introduced gradually and might
be introduced without any very sensible inconvenience.
Art.2d. [1] page 2. [Interest ...daily] Question Why daily?
Answer. The great recommendation of this Paper is the enabling the Holder
to pay himself for the holding it, and paying himself to the utmost, by
making the advantage of every minutest portion of time: communicating
thereby to the proposed source of permanent Income (temporary or permanent
at libitum) an advantage which hitherto has been confined to the purely
temporary sources of income, afforded by Exchequer Bills, Navy &c Bills,
and India Bonds. —