JB/003/117/001

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1 Novr 1800
Paper Mischief

Call the gold coin with Mr Secretary Rose, about
£44 millions: or with Dr Burke, but about 40
£40 millions: call the Silver and Copper Coin
according to the value it passes for which
is the true value to this purpose how inferior soever
to its intrinsic value if melted, two or three
millions more: but for simplicity of calculation
raise the amount too high (the rise excess being in
prejudice of the position contended for) and call
the whole amount of the metallic money in the country
£50 millions – Call the whole amount
of paper money Bank of England 25 millions:
of which allot assign half to the Bank of England, the
other half to the Country Banks.

On this statement in a gross view the amount
of the paper money proportion of addition to the mass of money
by paper money will to the mass of metallic money to
which it is added will be exactly equal to
that of the addition made to the price of goods: and
the amount of the assigned cause in question
is exactly equal to the whole amount of the
effect.

Such then is the mischief considered as to this
branch: and such the amount quantity and proportion of the influence of
the thing pointed to as the cause of it. But the
same cause has been supposed to have been,
and probably in proportion to the amount of it, the
cause of the undisputed addition that has been made
in the same interval to the mass of wealth. In
the

Identifier: | JB/003/117/001 "JB/" can not be assigned to a declared number type with value 3.
Date_1	1800-11-01	Marginal Summary Numbering	10-11
Box	003	Main Headings	manual of political economy
Folio number	117	Info in main headings field	paper mischief
Image	001	Titles
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	e7
Penner	jeremy bentham	Watermarks	1798 a<…>
Marginals	jeremy bentham	Paper Producer
Corrections		Paper Produced in Year	1798
Notes public		ID Number	1527
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