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JB/002/538/001

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10 1

Case of Exchequer Bills

difference
5.

difference is great between hearing of a thing in a
general way, and seeing it before one's eyes. Postage
too costs money: the postage is double, and requires
to be repeated. those With To this must then comes be added Bookings
Agency for raising and remitting the money: and perhaps
as likewise between the principal and the Broker, unless where the
principal con money'd man in the country happens to have a Stockbroker among his
acquaintances in town, a case which being matter
of accident must be set aside in considering the when the matter comes
matter to be considered as here in a general point of view.

All these circumstances taken together so it is
that in practice customers for this article have
scarce been looked for out of London. The Bank of
England has is in the habit of taking off a large
if not the largest share of it: the rest has been shared
with inconsiderable exceptions, among the opulent
class of money'd men about 'Change.

N.B. When 5 per
Cents are as low as 93
Exchequer Bills
carrying but 5 1/3 are
as high as par — How
to account for this?

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