JB/003/030/001

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Note. Quere where?

(a) The facility with which small Bankers' Notes
such as 2S Notes are circulated, depends in
good measure if not altogether, on the state of
the coinage. Supposing no bad gold whatever,
no man could take a Guinea Bankers' note
or a twenty shilling Bankers note with
a shilling, who could get a Guinea. With From
the guinea, by the supposition a man runs no
risk, but with the Bankers' note he always
runs some risk. The risk of the actual solvency
of the Banker, and the risk of not
failing to whether through doubt of that solvency
or any other cause of failing to get other
persons to receive to note.

On the other hand, the greater the risk chance
of a guinea's being bad, the more willing
a man is to expose himself to whatever risk chance
there may be that the Bankers' note is bad.
The individual the Banker, performs the
office which in Holland is or at least used
to be performed by the Bank of disposal at Amsterdam.
It was the badness of the coin joined
to the trouble of billing sums that pointed out
the use of Bank Receipts for sums larger
than there was coin for in a single price. For a sum for which
there is coin in a single price, the trouble of
billing being the same, the risk of bad money
forms the only instrument there can be for
preferring the paper to it.

Identifier: | JB/003/030/001 "JB/" can not be assigned to a declared number type with value 3.
Date_1		Marginal Summary Numbering	not numbered
Box	003	Main Headings	annuity notes
Folio number	030	Info in main headings field	annuity notes
Image	001	Titles
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering
Penner	jeremy bentham	Watermarks
Marginals	jeremy bentham	Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	1440
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