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Art. II Preserve 8 2d
2 Annuity Notes
Principal Sum
Small Money
The effect of an issue of smaller paper money
of any sort than was issued before is at the same time
to render able willing able to it a proportionable par number of individuals
who before till then were not willing able
and to render willing able another [proportionable] number
who like them were not able. willing A man who
has never so much as £5 10 worth of disposable
property belonging to him at any one time, never
can bear any part in circulating — never can
so much as take much less keep — a £10
note. But the there were such things as
£1 notes that some individual might be never
without some of this paper money in his pocket:
sometimes one, sometimes two, sometimes as
far as nine at once. So in regard to
willingness. A man who having been till now willing
as well as able to circulate a £10 note, or many
ten pound nAddotes may now through suspicion
of with regard to the solvency of the promiser, cause to be willing
to circulate any one note from the same promiser
to that amount. A man who would
not choose by any means to strike so large a sum
as £10 upon the credit of the paper, species of paper might to
save trouble have no objection to stake £1 of it
or even several times that amount. The loss,
of in the event of its falling upon himself would
be so much the lighter: and this, as he can
not