JB/002/411/001

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Art. 11

Taken by itself, the idea of a note having 6d
for its principal, and that 6d carrying a three
per cent interest, presents itself as absurd
and ridiculous in the extreme: since two years could
have to elapse before any thing, interest and then no
more than a farthing, could be to be received on it.
But, inasmuch as masses as a mass of notes bearing interest
could not be made up so as that the
whole mass should bear an interest, unless each
of the several notes beg of which the mass was composed,
were a note bearing interest, and bearing
interest at the same rate, hence it becomes evident
that in the first place that it is as necessary
that the very smallest of these the notesof which
the proposed this sort species of currency is composed should
bear an interest so that the largest should - th in
the next place, that the rate of interest can not
be in the degree greater or less in the
smallest than in the largest - and lastly that
even in the very smallest there is no reason to
fear that the of the sum receivable on
the score of interest should expose the currency to
contempt:

Identifier: | JB/002/411/001 "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	411	Info in main headings field	art. 11
Image	001	Titles
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	a28 / a23 / f23
Penner	jeremy bentham	Watermarks	tw 1794
Marginals	jeremy bentham	Paper Producer	francis hall
Corrections		Paper Produced in Year	1794
Notes public		ID Number	1150
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