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2
If the proposed species of property paper were not
fit for general circulation, were not secure of being
generally received in circulation — as generally
and as certainly as Bank Notes, the demand
for it, and consequently the quantity capable
of being kept on foot, would be confined to
that which would what lies lie within the reach of the
permanent for industrious possessors of small sums. To f be fit
for general use suited to the circumstances capable of meeting the demand
of the possessors of th considerable though temporary
sums, in other words to the demand
of persons in easy circumstances — in other words
of all that would are not comprised in the class
first mentioned
— who have any thing to live upon —
it is necessary that from the very nature of the species
of property, it should bem as the phrase is
every body's money — secure at all times of
meeting with hands ready to receive it and
not only so, but ready to receive it at a value
not inferior to that at which it has been received
already: in short, that it should be
compleatly adapted to answer the purpose
and perform the functions of a circulating medium:
and that, if possible, to such a degree as to possess a
property which in no known instance has ever yet been
possessed by any circulating medium, + + the portions include themselves which are the basis of all circulation, scarce excepted viz: the being depretiation-proof.
Identifier: | JB/002/587/001 "JB/" can not be assigned to a declared number type with value 2.
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2 |
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002 |
Annuity Notes |
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587 |
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001 |
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Text sheet |
1 |
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"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.
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E2 |
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Jeremy Bentham |
TW 1794 |
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Francis Hall |
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1794 |
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1326 |
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