★ Keep up to date with the latest news - subscribe to the Transcribe Bentham newsletter; Find a new page to transcribe in our list of Untranscribed Manuscripts
19
By what particular circumstances features particular
classes of Government Securities as these enumerated
are unfitted rendered comparatively unsuitable in each instance to the circum
convenience circumstances <add></add> of the individuals in general, at large considered
as possessors of temporary terms is matter
of investigation and discussion, when considered in detail and may be regarded
as were is less open to dispute. But that this such
is the case in point of fact is proved beyond
dispute by a universally extensive and universally
notorious matter of fact, is viz: the quantity
of money reposed in the hands of Bankers
all over the country at an interest, and for
the sake of an interest, and at the same time
at rates far inferior to the rates yielded by the
Government Securities: above in some instances
at 2-1/2 per and in others, at a nominal
3 per cent — in no instance at a rate inferior
to that rate, and that but a nominal 2-1/2 or 3 per
cent, the real amount of it being reduced by
conditions and defeasances of one sort to or rate considerably
inferior to the nominal rate.
Identifier: | JB/002/520/001 "JB/" can not be assigned to a declared number type with value 2.
|
|||
---|---|---|---|
16 |
|||
002 |
annuity notes |
||
520 |
|||
001 |
|||
text sheet |
1 |
||
recto |
f19 |
||
jeremy bentham |
[[watermarks::i taylor [top of 1795]]] |
||
evan nepean |
|||
1795 |
|||
1259 |
|||