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9 Annuity Notes
Ch Circulation
indubitable
Objections
Case of Exchequer Bills
4. The size magnitude form and lie
4. In the case of the Exchequer Bill, the
very magnitude physical properties of the very paper form and texture of the it paper are
circumstances which how immaterial soever
in appearance might of themselves be sufficient
of themselves, especially when added to the want
of that helps to computation which are afforded by
the proposed Annuity notes to render the existing
Exchequer Bill in its present form comparatively
very ill adapted to the purpose of general circulation.
The paper so large an entire sheet of the folio
size, the occupying a large space in the pocket
thick, harsh liable to crease, and to
requiring to be folded in many folds, and thick harsh
each fold to be <add> creased and liable by its thickness and harshness
to be cut asunder by wearing in a short
time. yet by no means inessential In all these particulars the proposed paper
is proposed to be on a footing with the existing
Bank of England paper, than which nothing better fitter
for the most extensive and rapid circulation can be
desired