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115 Annuity Notes 7 Abstract Conclud Period
11 7 When the two masses
When the true masses of paper, that had till
                    
                    now been in the market, are thus reduced to
                    
                    one, that one will, all of it, be in the hands
                    
                    of  risk holders who take it with a view to circulation.
                    
                    For whatever rate of interest is accepted
                    
                    on the sorting of permanent income, there will
                    
                    be always in adundance,  to whom it will be
                    
                    worth while to accept of the next lowest-rate,
                    
                    with a view to circulation. If, by the growth
                    
                    of national , a rate, so low as £2.9.6
                    
                    £2.7.5 appears now, is raised to such a
                    
                    trickle of relative value, as to be worth acceptance
                    
                    with a view to a permanent provision, a rate 
                    in the character of a permanent source of <add>permanent income,</add>
                    
                    the next lowest rate, though so low as £1.9.6
                    
                    will be raised along with it in the scale of importance,
                    
                    and will become not less worth acceptance,
                    
                    in the character of a source of such temporary profit,
                    
                    which such as could not, with equal security and causeaicun,
                    
                    be made by any other means.  If And
                    
                    if the £1.9.6 is itself accepted comes itself
                    
                    to be thought worth acceptance in the character of a
                    
                    permanent provision and sole dependance, the next lowest rate, though
                    
                    now reduced to £1.3.8 1/2 , will no more be
                    
                    regarded with contempt, in the character of a
                    
                    source of temporary profit, than the £1.9.6 was
                    
                    before.
                         If then the demand  for Annuity Notes paper should  stop stopless altogether, at any period prior to that of the compleat activation of the Debt, it is with the customness for permanent income that it will stop, and not with the customness for temporary income, with a view to circulation. 
                            
                                I Compared
                            
                            It is therefore with the customer for permanent
                                
                                income that the demand will stop      
                
| Identifier: | JB/002/213/001"JB/" can not be assigned to a declared number type with value 2. | |||
|---|---|---|---|
| 7 | |||
| 002 | annuity notes | ||
| 213 | |||
| 001 | |||
| text sheet | 1 | ||
| recto | e7 / f115 | ||
| jeremy bentham | tw 1794 | ||
| francis hall | |||
| 1794 | |||
| 952 | |||