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JB/003/078/001

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But though in a time of borrowing, redemption
of capital say a million's worth or any other sum is impossible, yet what is not impossible
were at that time is the taking measures for
pledging the Government engaging the Government to the paying for
any length of time definite or indefinite, an
annual sum equal to answering the interest of that
capital: it this is so far from not being possible
that it is necessary, the contrary is not possible,
if the borrowing of money at interest be possible.

This being the case, what you can do, profess undertake
to do, and nothing more. When you have
money to pay off capital with, do so pay it off
accordingly: when you have no money to pay it
off, do not pretend to pay it off, but content
yourself with appropriating a correspondent mass speciality
of perpetual redeemable Annuities under the
name of interest, to that purpose. This accordingly
is precisely what is actually done, only
in a roundabout way and with the pretence of
doing something more: viz: doing that which is
impossible.


Identifier: | JB/003/078/001
"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

078

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

Penner

jeremy bentham

Watermarks

1798 a<…>

Marginals

Paper Producer

Corrections

Paper Produced in Year

1798

Notes public

ID Number

1488

Box Contents

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