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13 Novr 1799; 23 Novr
Annuity Notes
Extent – Contents II.
D
Extent
42
No inconvenient
scarcity of hard
cash could be the
consequence. p. 50, 51.
Reference to the
Register of Notes
issued.
43
Masses of hard cash
that can not be expelled
by it. p. 52.
1. Note-purchasing money.
2. Note-dividend payment money
3. Stock-Dividend payment money.
p. 52.
44.
There can not be
any such deficiency
but Government
will be
bound and able
to supply it. p. 53, 54.
45
Half a year's dividend
money
might perhaps
serve for all purposes.
p. 55, 56.
46
How much will
remain unexpelled
is a question about
which no anxiety
need be entertained. p. 57.
None can be expelled
without a profit. p.
---page break---
E
1
The extent to
which the issue of
Annuity Note paper
would be to be carried
is infinite
to a first glance
– since as often
as Guineas came
back, there would
be the same motives
for changing
them for paper.
p. 1, 2, 3.
2
This auspice to
national wealth
would be repeated
every year. p. 3.
3
– amounting each
time to about
1/3 the the computed
national
income. p. 3, 4.
4
This calculation
however needs
correction. p. 5.
South Sea Scheme
5
The corrective afforded
by A. Smith
is not satisfactory –
It takes for granted
that paper
must expel gold
to an equal amount
– but that
is not proved in
regard to Banker's
paper, much less
in regard to this. p. 6.
Identifier: | JB/003/035/002 "JB/" can not be assigned to a declared number type with value 3.
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1799-11-13 |
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003 |
annuity notes |
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035 |
annuity notes |
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002 |
extent |
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rudiments sheet (brouillon) |
2 |
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recto |
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jeremy bentham |
tw 1794 |
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francis hall |
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1794 |
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1445 |
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