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JB/002/417/001

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the amount of them what it will do not add to
the quantity of money hard cash "promised — promised
to be paid on demand: they do not therefore
on being thrown in to the circulation, take any
thing from the quantity of paper money which
the given quantity of hard cash is able to support
— to the purpose with which the total mass
of paper money acts as the total mass of hard
cash.

These Annuity Notes then so far as the
Bank took advantage of them is unrequired
if the issue of them withdrew out of the circulation
it notes of £10 and upwards, replacing
them by small notes would add to the circulation
national wealth in respect of its circulating capital
a quantity to the amount equal to that of the
Bank notes of £10 and upwards which it served
to replace. If the Bank [+][+]of England as well as other B known Banking Houses neglected to make this
change, then for instance if the Bank withdrew
as it would find itself itself obliged to do a fraction
of its large notes, as above described, and at the same omitted to
replace them by an equal amount of small notes,
then in addition proportionable would be made — not to the
quantum mass of national wealth, but to its necessity: since
the same quantity of hard cash would have a
less quantity of paper money to support. Thus



Identifier: | JB/002/417/001
"JB/" can not be assigned to a declared number type with value 2.

Date_1

Marginal Summary Numbering

Box

002

Main Headings

annuity notes

Folio number

417

Info in main headings field

[[info_in_main_headings_field::art. 11 presence[?]]]

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

d11 / e5

Penner

jeremy bentham

Watermarks

Marginals

Paper Producer

Corrections

Paper Produced in Year

Notes public

ID Number

1156

Box Contents

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