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<head>16 Aug. 1800 A +</head> | <head>16 Aug. 1800 A +</head> | ||
<p>Ch. IV.<!-- irregular mark above period --> <hi rend='underline'>Grounds</hi><!-- double underline --> of <del>the</del> expectation<del>s</del>, in regard to<lb/> | |||
<del>The | <del>The escalation of </del> the proposed <del>currency</del> <add>measure. </add> - <lb/> <del>There are expectations sinc</del> <add>What is expected of the proposed currency is </add></p> | ||
<del>There | |||
<p>1. That it will be taken out in the <unclear>way</unclear> of | <p> 1. That it will be taken out in the <unclear>way</unclear> of <sic>spece</sic>, — <lb/> | ||
That it will be taken out in the way of <sic>spece</sic>,<lb/> | 2. — at the fixed price put upon it —<lb/> | ||
3 — be received in circulation<lb/> | |||
4 — at that same price —<lb/> | |||
5 — with the addition of the interest —<lb/> | |||
6 — and without undergoing any subsequent <sic>depretiation</sic> —<lb/> | |||
7 — and will thus continue to circulate among individuals<lb/> of all degrees. —</p> | |||
<p>That it will be taken out in the way of <sic>spece</sic>,<lb/> and pass in the way of circulation at <del>the</del> <add>the £2.7g o</add> 3 per <lb/>cent, <add>nearly</add> (the rate of interest put upon it) <gap/> lending <lb/> the higher interest <del>given</del> <add>yielded</add> by Stock Annuities<lb/> Irish Debentures <del>and</del> Exchequer Bills and India<lb/> Bonds, is proved by the example <add>and that with the interest</add> of Banker's <lb/>paper <del>where</del> the interest <del>of</del> <add>on</add> which runs <add>from 2 to <add>a minimal</add> 3 per Cent</add> <del>in some instances<lb/> and 2-1/2 per Cent conveniently</del>, but really <lb/>not so much, by reason of divers conditions which <del>drive or</del> reduce the value of it: <del><unclear>under this tendency</unclear></del><lb/> <add>besides</add> <del>that</del><lb/> that in these instances the engagement is not<lb/> <gap/>, nor the security so good. | |||
</p> | |||
<p>That the <hi rend='underline'>interest</hi> due will be allowed for in circulation,<lb/> <del>is proved by the</del> <add><del>clear</del></add> put out of doubt by the<lb/> <del><sic>exampl</sic></del> usage in the case of Exchequer Bills, Navy<lb/> <del>cr</del> Bills and India Bonds <unclear>retireables trading</unclear> though<lb/> none of these <del>existing</del> papers are provided with<lb/> the Tables which <del><unclear>saves</unclear> the</del> do away the trouble of<lb/> computation altogether, however <del>short</del> <add>small</add> the sum, and however<lb/> short the time</p> | |||
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{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}}{{Completed}} | ||
16 Aug. 1800 A +
Ch. IV. Grounds of the expectations, in regard to
The escalation of the proposed currency measure. -
There are expectations sinc What is expected of the proposed currency is
1. That it will be taken out in the way of spece, —
2. — at the fixed price put upon it —
3 — be received in circulation
4 — at that same price —
5 — with the addition of the interest —
6 — and without undergoing any subsequent depretiation —
7 — and will thus continue to circulate among individuals
of all degrees. —
That it will be taken out in the way of spece,
and pass in the way of circulation at the the £2.7g o 3 per
cent, nearly (the rate of interest put upon it) lending
the higher interest given yielded by Stock Annuities
Irish Debentures and Exchequer Bills and India
Bonds, is proved by the example and that with the interest of Banker's
paper where the interest of on which runs from 2 to <add>a minimal 3 per Cent</add> in some instances
and 2-1/2 per Cent conveniently, but really
not so much, by reason of divers conditions which drive or reduce the value of it: under this tendency
besides that
that in these instances the engagement is not
, nor the security so good.
That the interest due will be allowed for in circulation,
is proved by the clear put out of doubt by the
exampl usage in the case of Exchequer Bills, Navy
cr Bills and India Bonds retireables trading though
none of these existing papers are provided with
the Tables which saves the do away the trouble of
computation altogether, however short small the sum, and however
short the time
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Identifier: | JB/002/084/001"JB/" can not be assigned to a declared number type with value 2. |
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1800-08-16 |
1-3 |
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002 |
annuity notes |
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084 |
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001 |
ch. iv grounds of expectation, in regard to the proposed measure |
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text sheet |
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recto |
e1 / f40 |
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jeremy bentham |
1798 a<…> |
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frances wright |
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1798 |
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823 |
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