JB/002/440/001

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Art. 17. X 43
Art. 17

[20] [On exchanging .... one farthing] The considerations by which the
impossition of this small fee was suggested, will be dated presently:
against it, no reasons that appear well grounded present themselves.
For a moment, the imposition may wear the aspect of a hardship; an
the contemp and an apprehension may arise, lest the contemplation
of this hardship should operate as a check on the issues. But the
hardship will, on examining ation, into will be found to be of a very questionable
nature: and, as to its operating as a check, either to the circulation
or to the issue, if any particular person individual be looked for, as one on whom
it can have the effect of preventing him from becoming the holder
of a note of this kind, either in the one way or in the other, such persons individual will hardly be to be found. Of a loss, the avoidance of which
would, appear to each individual, appear every man to be altogether in his own power,
the apprehension entertained can never be very great: to the
issue it can never operate as a check, since at that period the
paper being altogether fresh, and the mode of keeping it depending
altogether upon him who purchases it, it can never appear to him
as an event at all to be apprehended, that it shall ever be so ill
kept by him, as that nobody else will accept of it. [+] [+] it to To the way of
circulation [1] [+] of the paper, the proposed eventual imposition can never operate as a check, because as nobody will be bound to accept of any such piece of paper it that does not like
it, who ever does accept of it will prove, by such his acceptance
of it, that by him at least no such apprehensions are entertained.
On Appr One thing is clear — that on whomsoever the loss may eventually happen to fall, it can
never fall on any person but by his own default and through his own by negligence:
betrayed through negligence, manifested either in keeping taking it the Note, in a condition in which he should not have
taken it, or in keeping it in a manner in which he should
not have kept it. —