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28
-stitution of the existing private papers; in a word of all paper payable on demand — to the experienced
brittleness of some of the country paper,
and to the occasional scantiness of the paper of
the great chartered Company coupled with its
intervening preceding copiousness, and the excess of the
advances made by the Company to Government: (a)
(a) To which might (it should seem) have been
added, the extent of that extension which has since been given to the market for Bank of England paper, by the
its emission of smaller Notes. It is too evident to
be disputed, though it should seem not always obvious
enough to be thought of, that every diminution in the
magnitude of the sum a note — introduces it into a multitude
of hands, who howsoever disposed had laboured till then under an absolute
impossibility of accepting it.
causes which after all would not have been adequate
to the production of the effect, had it not been
for those alarms of invasion which were prevalent
at the time.
Identifier: | JB/002/568/001 "JB/" can not be assigned to a declared number type with value 2.
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31 continued |
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002 |
annuity notes |
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568 |
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001 |
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text sheet |
1 |
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recto |
f28 |
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jeremy bentham |
1798 a<…> |
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frances wright |
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1798 |
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1307 |
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