JB/002/459/002

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5

Annuity Notes Plan - 1. Value &c
|76| [Interest— say 3 per Cent..] Why no higher?
-why no lower? - To both these questions, answers
will be expected.
[6] Interest - rate of - why neither higher or lower than 3 per Cent —

1. Why no higher? . . Because, from such view
of the subject as I have been able to give myself,
it appears to me that purchasers of these annuities
thus circumstanced, will be found in very
considerable number — in sufficient number — even
at this low rate: perhaps, in nearly as great
a number as at any higher rate not exceeding
the rate of interest given by Government at the
time.

Of this species of paper Government, the manufacturer
— and the sole manufacturer — has
the monopoly: under favour of that monopoly, it
has it in the power to fix the price. For its enter

For its customers it will have all those who
though they have money, yet either have it not in
their power, or I to lay it out with safety and advantage would not find it for their advantage
to lay it out in the funds. ,: is in the
purchase of Government Annuities upon the existing terms: and
who for want of the proposed new-opened opportunity,
are obliged at present to let see their money lying
by them dead and unproductive. these (as will
be seen more particularly hereafter) are the possessors
of small sums and the possessors of temporary sums,
small or large. Those To those, who at present by the supposition
make nothing at all of their money, any thing
in the shape of interest will be better than nothing: thrice

Identifier: | JB/002/459/002 "JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering	not numbered
Box	002	Main Headings	annuity notes
Folio number	459	Info in main headings field	art. 20
Image	002	Titles
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	a44 / f58
Penner	jeremy bentham	Watermarks
Marginals	jeremy bentham	Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	1198
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