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<head>Note</head>  | |||
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This <del>supposed</del> <gap/> <add>branch</add> of supposed profit (it <lb/>may be objected) is ideal, or rather so much<lb/> less; since the same profit would have been<lb/> made by the existing Sinking Funds, and this<lb/> <del>profit being</del> at the end of the period in question<lb/> the Commissioners of these Funds will have to pay<lb/> so much the dearer for every million of capital<lb/> they redeem.</p>  | |||
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The answer is - No: <del>the</del> make the most<lb/> of the <unclear>system</unclear> <del>the <unclear>existence</unclear> of</del> the assumed note and<lb/> mass of profit <add>is neat profit</add> <del>as</del> and the existence of it indisputable.<lb/> If at a time practically speaking<lb/> the sum you sell for a million the very <add>selfsame</add> article<lb/> you <del>buy</del> purchase for £850,000, <add>(£30,000 a year perpetual Annuity) <gap/></add> the<lb/> propriety of setting down to the account of profit<lb/> the £150,000 difference is altogether beyond <lb/><gap/>. Such is the money gained: even the<lb/> amount of it <sic>afterwards</sic> thrown thrown into the sea, the<lb/> profit in the mean time would not be the less<lb/> real. It is not thrown into the sea, but employed <lb/>in buying in a correspondent portion of<lb/> the National Debt: — why? — because this, <lb/>according to a judgment pronounced by Parliament<lb/> approved by the Nation, and confirmed by 14 years<lb/> experience is the most advantageous of all applications<lb/> that could be made of it. The first monies<lb/> applied to this purpose, this first money,<lb/> from whatever source obtained, <add>taken away no doubt of it, according to those amounts</add> take away all profit<lb/> <add>from</add> </p>  | |||
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Note
This supposed  branch of supposed profit (it 
may be objected) is ideal, or rather so much
 less; since the same profit would have been
 made by the existing Sinking Funds, and this
 profit being at the end of the period in question
 the Commissioners of these Funds will have to pay
 so much the dearer for every million of capital
 they redeem.
 
The answer is - No: the make the most
 of the system the existence of the assumed note and
 mass of profit is neat profit as and the existence of it indisputable.
 If at a time practically speaking
 the sum you sell for a million the very selfsame article
 you buy purchase for £850,000, (£30,000 a year perpetual Annuity)  the
 propriety of setting down to the account of profit
 the £150,000 difference is altogether beyond 
. Such is the money gained: even the
 amount of it afterwards thrown thrown into the sea, the
 profit in the mean time would not be the less
 real. It is not thrown into the sea, but employed 
in buying in a correspondent portion of
 the National Debt: — why? — because this, 
according to a judgment pronounced by Parliament
 approved by the Nation, and confirmed by 14 years
 experience is the most advantageous of all applications
 that could be made of it. The first monies
 applied to this purpose, this first money,
 from whatever source obtained, taken away no doubt of it, according to those amounts take away all profit
 from 
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 Identifier: | JB/002/165/001"JB/" can not be assigned to a declared number type with value 2.  | 
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 4a  | 
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 002  | 
 Annuity Notes  | 
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 165  | 
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 001  | 
 Note  | 
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 Text sheet  | 
 1  | 
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 Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.  | 
 F6  | 
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 Jeremy Bentham  | 
 <…>M 1798  | 
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 Frances Wright  | 
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 1798  | 
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 904  | 
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