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In regard to the proportion of interest that would<lb/> be likely to | In regard to the proportion of interest that would<lb/> be likely to forborne thus much may be to be observed.<lb/> <del>The forbearance would continue as to</del> in regard to<lb/> whatever portion continued to be <sic>employd</sic> in covering<lb/> the forbearance would <add>probably be general and continual.</add> continue. [2 In regard to<lb/> whatever first was hoarded for the purpose of <del>accumulation<lb/></del> furnishing <hi rend='underline'>compound</hi> interest, it could not<lb/> take place. To <del>invest</del> obtain an interest upon<lb/> the <add>is years<add>the</add></add> interest due on any <unclear>stock</unclear>, it would be necessary <lb/>for a man to receive that interest, and with the money<lb/> take out a fresh note - or assemblage of notes: a second<lb/> year's interest is a year's interest and 'no more' in<lb/> addition to its own amount, it does not give him the<lb/> interest he might have made on the amount of the first<lb/> <add>this same second</add> year's interest, by receiving it on the <gap/> of money<lb/> and employing that money in the <unclear>finding</unclear> of a fresh<lb/> note carrying its interest, or (about would come to the<lb/> same thing) by receiving it at once, <hi rend='superscript'>+</hi><note><hi rend='superscript'>+</hi>from the office if <del>the office were to</del> upon his application the office were to</note> [<del>in the shape of<lb/> such fresh note from the office, if it were even thought<lb/> fit that the office should should</del>] furnish him with it in that<lb/> shape. </p> | ||
<p>3. In the case of a mass of Annuity Note paper<lb/> kept in hand for the purpose of income, but without any <lb/ | <p>3. In the case of a mass of Annuity Note paper<lb/> kept in hand for the purpose of income, but without any <lb/>determinate <del>f</del> <add>future</add> view of accumulation in the way of compound<lb/> interest, it seems difficult to say whether<lb/>receipt or forbearance would be most apt to take place <lb/>The purpose of receipt might be equally answered by <lb/>forbearance; <del>or</del> viz by paying <unclear>away</unclear> at each period<lb/> <add>a mass of</add>paper to an amount equal to what the whole mass<lb/> had gained in value on the score of interest by that<lb/> time. But this would require provision to be made<lb/> | ||
<add>accordingly</add> | <add>accordingly</add> | ||
</p> | </p> | ||
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the | the{{Completed}} | ||
In regard to the proportion of interest that would
be likely to forborne thus much may be to be observed.
The forbearance would continue as to in regard to
whatever portion continued to be employd in covering
the forbearance would probably be general and continual. continue. [2 In regard to
whatever first was hoarded for the purpose of accumulation
furnishing compound interest, it could not
take place. To invest obtain an interest upon
the is years<add>the</add> interest due on any stock, it would be necessary
for a man to receive that interest, and with the money
take out a fresh note - or assemblage of notes: a second
year's interest is a year's interest and 'no more' in
addition to its own amount, it does not give him the
interest he might have made on the amount of the first
this same second year's interest, by receiving it on the of money
and employing that money in the finding of a fresh
note carrying its interest, or (about would come to the
same thing) by receiving it at once, ++from the office if the office were to upon his application the office were to [in the shape of
such fresh note from the office, if it were even thought
fit that the office should should] furnish him with it in that
shape.
3. In the case of a mass of Annuity Note paper
kept in hand for the purpose of income, but without any
determinate f future view of accumulation in the way of compound
interest, it seems difficult to say whether
receipt or forbearance would be most apt to take place
The purpose of receipt might be equally answered by
forbearance; or viz by paying away at each period
a mass ofpaper to an amount equal to what the whole mass
had gained in value on the score of interest by that
time. But this would require provision to be made
accordingly
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Identifier: | JB/002/170/001"JB/" can not be assigned to a declared number type with value 2. |
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8-10 |
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002 |
Annuity Notes |
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170 |
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001 |
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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. |
A11 |
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Jeremy Bentham |
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909 |
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the
