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<head>26 Sept<hi rend='superscript'>r</hi> 1800<!-- written in pencil --> <!-- white space -->+ <note><del>1</del>2<hi rend='superscript'>do</hi> 3<hi rend='superscript'>o</hi>,</note><!-- written in pencil --> <!-- white space --> 126</head> | |||
<head><note>Annuity Notes Abstract</note></head><!-- written in pencil --> | |||
<p><!-- indent --> <note>Ch. <gap/> Financ. War Loans</note> <note>3 A defalcation made from the mass of Stock will better the price not only of the <hi rend='underline'>next</hi>, but <sic><hi rend='underline'>all</hi>-suceeding</sic> Loans -</note><!-- written in pencil --> Any <sic>milioration</sic> thus produced in the price of | |||
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Stocks, and thence in the terms of the Loan for <add>of</add> | |||
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any given year , will operate — <add>(it should be remembered)</add> not only on the Loan | |||
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of that year, but on all succeeding Loans during | |||
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the existence of the existing Debt: <del>for 5 millions | |||
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taken from the Debt not till next year <add><del>the second year</del></add>, will | |||
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not leave the remainder so small by 5 millions, | |||
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as if 5 millions had been taken from it the year | |||
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before</del> <add>(a)</add><!-- added in pencil --> <note>(a) Note</note><!-- note, written in pencil --> sum, whatever additions the debt may come | |||
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to experience in the course of any number of succeeding | |||
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years, it will always be the less by the amount of all | |||
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the defalcations that have been ever made from it. <add>(a)</add><!-- (a) originally written in red, then the brackets over-written in black, the 'a' still in red --> <note>(a) Note at bottom of this page</note><!-- note written in red --> <add>Were</add> | |||
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<head>Note to p. 126</head><!-- heading written in red --> | |||
<p><note>3 <hi rend='superscript'>(a)</hi> This is not the less true, how much soever the price may have fallen likewise lower & lower.</note> (a)<!-- (a) only, written in red --> This, <add>though</add> so evidently true as to appear <add>little better <del>than</del></add> <del>almost</del> <sic>vengatory</sic>, | |||
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will be apt enough, to be overlooked, or <add>even</add> appear | |||
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disputable: for, such will <add>naturally enough</add> <del>be apt to</del> be the case, <del>supposing, <add>if</add> Stocks, to fall</del> <add>if,</add> after rising the first year | |||
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of the application of the <add>given</add> cause of <add>elevation</add> <del>malioration</del> <del>to fall | |||
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the [yield to influence</del> <add>Stocks - should, in consequence</add> if fresh causes of depression, | |||
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<del>and accordingly]<!-- opening and closing brackets in pencil --> fall the next.</del> experience a fall | |||
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the next <add>or any other</add> succeeding year. <del>or any subse</del> | |||
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{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}}{{Completed}} | ||
26 Septr 1800 + 12do 3o, 126
Annuity Notes Abstract
Ch. Financ. War Loans 3 A defalcation made from the mass of Stock will better the price not only of the next, but all-suceeding Loans - Any milioration thus produced in the price of
Stocks, and thence in the terms of the Loan for of
any given year , will operate — (it should be remembered) not only on the Loan
of that year, but on all succeeding Loans during
the existence of the existing Debt: for 5 millions
taken from the Debt not till next year <add>the second year</add>, will
not leave the remainder so small by 5 millions,
as if 5 millions had been taken from it the year
before (a) (a) Note sum, whatever additions the debt may come
to experience in the course of any number of succeeding
years, it will always be the less by the amount of all
the defalcations that have been ever made from it. (a) (a) Note at bottom of this page Were
Note to p. 126
3 (a) This is not the less true, how much soever the price may have fallen likewise lower & lower. (a) This, though so evidently true as to appear little better than almost vengatory,
will be apt enough, to be overlooked, or even appear
disputable: for, such will naturally enough be apt to be the case, supposing, if Stocks, to fall if, after rising the first year
of the application of the given cause of elevation malioration to fall
the [yield to influence Stocks - should, in consequence if fresh causes of depression,
and accordingly] fall the next. experience a fall
the next or any other succeeding year. or any subse
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Identifier: | JB/002/224/001"JB/" can not be assigned to a declared number type with value 2. |
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1800-09-26 |
3, 3a |
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002 |
annuity notes |
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224 |
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001 |
note to p. 126 |
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text sheet |
1 |
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recto |
f126 |
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jeremy bentham |
<…>m 1798 |
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frances wright |
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1798 |
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963 |
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