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2d 22
2
Ch. Grounds
VI. Depretiation
23
2. as much for
1. It strengthens the
solvency of government in point
of stability by
attacking the order
2. — in point of
pecuniary sufficiency.
The dependency of the value of the proposed
paper on the duration solvency and existence ret security of the
government [from whence it issues that issues it ] would indeed
be an objection, if its tendency were in
any degree to diminish that so impair either that solvency
in that security. But its tendency is to add
to both. To (that the solvency, ( of government it adds, by the
profit which it puts into the hands of government,
and by the application it makes of that
profit to the reduction of the debt of government.
To (the) security [of government it adds,] by the
multitude of hands it engages by the tie of
interest in giving their support to government.
All It is a property To create and an interest of this sort is
a property and that a most happy one be common to all government
Securities. But it is the property of
all Government securities as yet known, to
this country at least, to be confined in their range circulation
to the superior and least numerous classes. It
is among the characteristic properties of the proposed new species
of government security proposed to spread itself among
the inferior classes who which besides being the most
numerous, are these from which in respect of for whose attachment are a variety
of accounts Government has trust to apprehension on a variety of accounts
has most cause for apprehension. All possessors of
Government Annuities are as such in the pay of Government:
they are hired, stand engaged and hired with their own
money, to give their support to government.+
+ See Ch. . Advantages
moral & political
Identifier: | JB/002/562/001 "JB/" can not be assigned to a declared number type with value 2.
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23 |
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002 |
annuity notes |
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562 |
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001 |
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text sheet |
1 |
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recto |
e2 / f22 |
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jeremy bentham |
<…>m 1798 |
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frances wright |
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1798 |
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1301 |
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