JB/002/438/001

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Art. 17.

Notes 41 Annuity Notes
Ch Plan First
1 Creation
[9] continued

circulation went on heavily, and selling it at an
intermediate price between the circulation price
and the issue price (fee included) in a place
where the issue went on briskly. In this view
the expence of postage would require to be taken into
account.

Necessity of leaving
a latitude in the
respect to the
Executive Government.

Antecedently (a) to experience, I confess myself
unable, for the present at least, to come to
any fixed determination on this point: but a another
point on which I am to make find it so
much the easier to come to a determination
is — that in regard to the adjustment of the
quantum of this fee a degree of latitude — and
that a very considerable one — might with safety
and advantage be refused is left on the th in
the hands of the Treasury by Parliament.

A slight degree of logic might indeed in
this event take place now ands then in regard
to the price of this paper in the market: way of circulation
but the utmost possible limits of it would be known
they would at the limit be very narrow: and
they need never be suffered to extend to wider by the amount
of a single farthing, than the width beyond the latitude indispensably
necessary to insure the advantages aimed at.

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(a) [9]
Further help to
the circulation —
an exemption for
postage

Note
(a) If for a limited time or for ever or though but for
a limited time, if at the outset an exemption from postage were
to be granted to this paper, it would be a great
encouragement to it at a the only period at which if at
all any encouragement given to it would be of use: an eligible measure
and it seems the only species of encouragement
which in the view of encouragement, ought at any
time to be given to it