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<p> 17 <lb/> 2 <note> Annuity Notes</note></p> <p | <p> 17 <lb/> 2 <note> Annuity Notes</note></p> <p> <note> Elucidations<lb/> [25]<lb/> Proability that<lb/> the number of Notes<lb/> for which payment<lb/> of interest is demanded<lb/> will be <lb/> but small</note></p> <p> be obtained with less trouble than it will take to receive<lb/> <add> for the purpose,</add> the interest upon <del>all</del> the whole number of these<lb/> notes, or even of a single one of them, will be<lb/> — the passing one of them in circulation, in other<lb/>words the selling it for the purpose of producing <lb/> the sum required.</p> <p> No such advantage attends the possession of<lb/> Stock: no such motives for forbearance exist in that <add> have place in </add> <lb/> case. <add> that instance</add> No <gap/> is a dividend due, than it is<lb/> incumbent on a man to receive it: for every day<lb/> that he forbers recovering it he is a loser.</p> <pb/> <!-- in pencil, bracketed paragraphs with numbers between --> <p> Note<lb/> A man who has ) 34 ( may keep up his capital ) 6 6 )<lb/> <del>little value of</del> <add> Annuity Notes</add> ) 17 (unimpaired, paying only ) 3 : 3) Note<lb/> great and small to ) 9 ( the interest, by circulating) <lb/> the value ) (i.e. selling every year) 1 :11:6 )</p> | ||
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17
2 Annuity Notes
Elucidations
[25]
Proability that
the number of Notes
for which payment
of interest is demanded
will be
but small
be obtained with less trouble than it will take to receive
for the purpose, the interest upon all the whole number of these
notes, or even of a single one of them, will be
— the passing one of them in circulation, in other
words the selling it for the purpose of producing
the sum required.
No such advantage attends the possession of
Stock: no such motives for forbearance exist in that have place in
case. that instance No is a dividend due, than it is
incumbent on a man to receive it: for every day
that he forbers recovering it he is a loser.
---page break---
Note
A man who has ) 34 ( may keep up his capital ) 6 6 )
little value of Annuity Notes ) 17 (unimpaired, paying only ) 3 : 3) Note
great and small to ) 9 ( the interest, by circulating)
the value ) (i.e. selling every year) 1 :11:6 )
