JB/003/070/001

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Heads of argument: giving suggesting the inconveniences
resulting from of the present mode, and consequently the
advantages derivable from the proposed change.

I. Specific Pecuniary Losses as capable of being liquidated –

1. By loans or Subscriber's profit every year upon so
much money raised or so much Stock
created –

2. By expence of Bank managemen: commencing
upon the raising creation of the Stock, extra ceasing as
soon as an equal quantity has been brought in –

3. By difference (if any) in point of interest bdetween the time when the interest day on which the first
dividend on the Stock thus created commences is paid, and the
day on which the first dividend on the Stock bought
in with the money comes is received –

4. By allowance (if any) to the Bank for receiving Subscription
Money upon this part of the Loan. –

II. Pecuniary Loss scarce capable of being liquidated.

5. Extra Load to on the market, viz: at the time of the
creation of contracting for the Loan, though removed afterwards
and the removal foreseen: thence, extra-price paid
in Annuities for the money produced by the rest of
the Loan.

The load (it may be said) is removed afterwards, and the removal
is capable of being foreseen and argued upon
at the making of the Contract. – True: but still
not seen are the state of things is not altogether as if there were no such load.
The gross – the erroneous conception – presents itself to a certainty,
and at all times: the presence of the corrective observation is but
occasional abd precarious.

Identifier: | JB/003/070/001 "JB/" can not be assigned to a declared number type with value 3.
Date_1		Marginal Summary Numbering
Box	003	Main Headings	annuity notes
Folio number	070	Info in main headings field
Image	001	Titles
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	f4
Penner	jeremy bentham	Watermarks	<…>m 1798
Marginals		Paper Producer
Corrections		Paper Produced in Year	1798
Notes public		ID Number	1480
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