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Art. 14 29
From all these objections the measure in question would be
for hand, supposing the currency to be already firmly established
and established upon its own basis. The practicability
of it would not be exposed to doubt: and the
advantages derived from it would be considerable.
The paper in question being in universal demand with by the supporter — acceptable to
every body and on all occasions, no reason can be
assigned why it should be less acceptable on the this occasin
here supposed: By receiving his money in this shape
at the Exchequer, or the Navy Office or the a man
would save himself the trouble of converting it into an attendance on purpose to
convert it into this paper at a local Annuity
Note Office.
A circumstance that in process of time would render this exclusion of the Annuity Note market a matter
rather of necessity than choice is — that of the proper
sum not to be received at the offices in question no
paper at all would be to be had. supposing the happening of one
count (which is elsewhere stated as inevitable) the expulsion
of Bank of England paper from every
other part of the circulation .. In the financing transactions of
the of these carried on in of the Government Offices, the
use of paper in contradistinction to cash is found
so convenient, and is accordingly become so spoken of as if it were indispensable. +
+ Note In the whole time of the Evidence given to both Houses of Parlton the stoppage of the Bank in Feb.y 1792
Never also an indication of the time for the operation:
viz: when by the scarcity withdrawal <add>subtraction</add> of Bank of
England papers, the measure has acquired the character
of a occasion of necessity. rather than choice.
Identifier: | JB/002/424/001 "JB/" can not be assigned to a declared number type with value 2.
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002 |
annuity notes |
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424 |
art. 14 |
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001 |
note |
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1 |
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recto |
f29 |
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jeremy bentham |
g&ep 1794 |
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1794 |
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1163 |
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