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<head>Note to p.21.</head>
<p>(a)The <add>Each</add> Stockholder (it may be objected) ought to<lb/> know on what precise day his <del>will</del> money will<lb/> be returned into his hands: and he ought to know<lb/> it <del>before</del> a twelvemonth before-hand, that he <lb/>may have that time to form his plans for the<lb/> employment of it. This was the time allowed <lb/>by the first <add>great</add> Consolidation Act <hi rend='superscript'>+</hi><note><del>in</del> which <del>the</del> put together the first elements of the great <unclear>proof</unclear> of 3 consolidated 3 per Cent Annuities </note> <add>a precedent</add> which has been <unclear>instituted</unclear> <add>pursued</add> <lb/>in the several Acts by which additions have<lb/> been made to that mass.</p> 
<p><!-- indent -->
In answer it may be observed - <del>this long</del> <gap/><lb/> is only by <unclear>chance</unclear> (it should seem) that an interval<lb/> thus long happened to be pitched upon in that instance,<lb/> and because no particular  advantage happened to<lb/> present itself as desirable from a shorter term, or<lb/> leaving in <unclear>uncertainty</unclear> the particular day of<lb/> payment with reference to each parcel of Stock.<lb/> In a more recent instance, half that length of<lb/> notice, six months only, was employed.</p>
<p><!-- indent -->
Whether the <del>legislation</del> fixation of the <add>precise</add> day <del>that</del><lb/> with reference to each parcel of Stock separately considered <lb/>as been considered by the legislature as <lb/>either <del>par</del> a matter of importance or even practicable<lb/> may be matter of doubt. Grounds for <unclear>doubting</unclear> are afforded <del>by the great transaction</del> <add>in the instance of the grand</add> <unclear>increase</unclear><lb/> of M<hi rend='superscript'>r</hi> <sic>Pelham</sic> for the reduction of the <gap/> and rate<lb/> of interest. <hi rend='superscript'>+</hi> <note><hi rend='superscript'>+</hi>That a <hi rend='underline'>general</hi> notice of the <hi rend='underline'>intention</hi>, in contradistinction to a  particular notice for the very day was all that was meant by the legislature may be inferred with some degree of insurance from the practice in M<hi rend='superscript'>r</hi> <sic>Pelham's</sic> case.</note> <del>The</del> Fifty seven millions worth and upwards<lb/> was the mass of capital in respect <add>relation to</add> of<lb/> which notice was given on that occasion, that <del>unless</del> <add>in</add> <lb/>
<add>the</add> </p>






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Latest revision as of 09:26, 4 February 2020

File:JB 002 066 001.jpg


Note to p.21.

(a)The Each Stockholder (it may be objected) ought to
know on what precise day his will money will
be returned into his hands: and he ought to know
it before a twelvemonth before-hand, that he
may have that time to form his plans for the
employment of it. This was the time allowed
by the first great Consolidation Act +in which the put together the first elements of the great proof of 3 consolidated 3 per Cent Annuities a precedent which has been instituted pursued
in the several Acts by which additions have
been made to that mass.

In answer it may be observed - this long
is only by chance (it should seem) that an interval
thus long happened to be pitched upon in that instance,
and because no particular advantage happened to
present itself as desirable from a shorter term, or
leaving in uncertainty the particular day of
payment with reference to each parcel of Stock.
In a more recent instance, half that length of
notice, six months only, was employed.

Whether the legislation fixation of the precise day that
with reference to each parcel of Stock separately considered
as been considered by the legislature as
either par a matter of importance or even practicable
may be matter of doubt. Grounds for doubting are afforded by the great transaction in the instance of the grand increase
of Mr Pelham for the reduction of the and rate
of interest. + +That a general notice of the intention, in contradistinction to a particular notice for the very day was all that was meant by the legislature may be inferred with some degree of insurance from the practice in Mr Pelham's case. The Fifty seven millions worth and upwards
was the mass of capital in respect relation to of
which notice was given on that occasion, that unless in
the


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Identifier: | JB/002/066/001"JB/" can not be assigned to a declared number type with value 2.

Date_1

Marginal Summary Numbering

23a

Box

002

Main Headings

Annuity Notes

Folio number

066

Info in main headings field

Image

001

Titles

Note to p. 21

Category

Text sheet

Number of Pages

1

Recto/Verso

Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.

Page Numbering

D1 / F22

Penner

Jeremy Bentham

Watermarks

1798 A<…>

Marginals

Jeremy Bentham

Paper Producer

Frances Wright

Corrections

Paper Produced in Year

1798

Notes public

ID Number

805

Box Contents

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