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Plan: Value Remarks 2d
Annuity Notes
Principal Sum Plan Principal
Rejection 5 Value &c
Note
The n The stoppage of the Bank was The cause that gave birth
produced by was not the scarcity of cash,
but the disproportionate quantity comparative scarcity of smaller
notes. The event has proved this.
It is not that the credit of the Bank
had not suffered to a certain degree: it had
suffered been weakened and the run upon the Bank was the
consequence and certain proof of the sufferance weakness
that it had suff sustained no greater weakness shock
to the extent than that for which one increase of small notes
without any concern for the quantity of hard cash
would have been a cure would have enabled it
to undergo without a stop.
When st a run is produced upon any
species of paper, it is not that nobody will take
or keep that species of paper — but only that
there are some who will not loan, of those who
would before. But if although A who till now could
and would bear his part in the circulation of a
quantity of paper should w at any time refuse
to circulate it, this will no the circulation
will not however suffer be arrested by the refusal, if at the for every
same time person so declining them be another B who d till one either was not
able or not willing to take a part in the circulation
now becomes both able and willing and
takes a part in it accordingly.
then
Identifier: | JB/002/412/002 "JB/" can not be assigned to a declared number type with value 2.
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not numbered |
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002 |
annuity notes |
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412 |
art. 11 |
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002 |
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text sheet |
1 |
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recto |
f24 |
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jeremy bentham |
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1151 |
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