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<p>what is it then that should hurt Government? how then<lb/> should Government be hurt by any such <add>accident?</add> means? The<lb/> stock of cash which the Bank has to defend itself against<lb/> such accidents though large is limited: it might be<lb/> exhausted, and would necessarily be exhausted if such <add>a number</add>much less<lb/> I will not pretend to say how much less than half the <lb/> amount of its paper were to be brought for payment <lb/> at <unclear>once</unclear> it might and in short must unavoidably be <lb/>exhausted, and then the company could be altogether <lb/> without resource. Government besides the temporary expedient<lb/> of postponing such of its payments <del>are</del> as are <lb/> <sic>postponable</sic> has the whole property and credit of the nation<lb/> to back it, and annuities to sell without end.</p> | |||
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25
what is it then that should hurt Government? how then
should Government be hurt by any such accident? means? The
stock of cash which the Bank has to defend itself against
such accidents though large is limited: it might be
exhausted, and would necessarily be exhausted if such a numbermuch less
I will not pretend to say how much less than half the
amount of its paper were to be brought for payment
at once it might and in short must unavoidably be
exhausted, and then the company could be altogether
without resource. Government besides the temporary expedient
of postponing such of its payments are as are
postponable has the whole property and credit of the nation
to back it, and annuities to sell without end.
Identifier: | JB/002/373/001"JB/" can not be assigned to a declared number type with value 2. |
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002 |
annuity notes |
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373 |
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001 |
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e25 |
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jeremy bentham |
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1112 |
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