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<head>Art. 3 — 4 + 1-2</head> | <head>Art. 3 — 4 + 1-2</head> | ||
<p>Art: 3. page. 3. [3] ... <add><hi rend='underline'>Indication <gap/> of</add> Number of | <p>Art: 3. page. 3. [3] ... <add><hi rend='underline'>Indication <gap/> of</add> <hi rend='underline'>Number of years</hi> <unclear>unreceived</unclear></hi> ]<lb/> See the Form of a Note Appendix B.<lb/> Art.4. page 4. [ ] . [<hi rend='underline'>Interest to the day of open ... added</hi>] <lb/> <hi rend='underline'>Question</hi> Why? — <hi rend='underline'>Answer</hi>. 1. That all notes of the same<lb/> denomination may on each day of the year be of the<lb/> same value: otherwise <del>each note might <add>would</add> in the <lb/> compass</del> among the Notes of each denomination<lb/> there might be a different value for every day <lb/>of the year, <del>accor</del> Sundays <add>and a <sic>holyday</sic> or two</add> excepted, inasmuch<lb/> as, <add>(with those exceptions)</add> <del>no</del> there is not a day in the year on which<lb/> notes of each denomination would not probably be <lb/> opened: <unclear>With, say</unclear> 310 different values. This confusion<lb/> would be <add>highly</add> inconvenient <del>to th</del> — and obstructive <gap/> <lb/>the circulation.</p> | ||
<p> <del>As</del> The interest being thus increased by being <del>com</del> <lb/>made to commence from <del>days</del> a day prior to emission <lb/> | <p> <del>As</del> The interest being thus increased by being <del>com</del> <lb/>made to commence from <del>days</del> a day prior to emission, <lb/> the price must of course be <sic>proportionable</sic>: otherwise<lb/> <del>people</del> <add>customers</add> would <add>universally</add> wait till the end of the year before they <lb/>bought their Notes. <del>Howsoever</del> Till that last day, there<lb/> would be no Notes sold: and <del>there</del> <add>on that day</add> there would not be <unclear>price</unclear> <lb/>enough for supplying a <sic>threehundredth</sic> part of the demand: | ||
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Art. 3 — 4 + 1-2
Art: 3. page. 3. [3] ... <hi rend='underline'>Indication of Number of years unreceived</hi> ]
See the Form of a Note Appendix B.
Art.4. page 4. [ ] . [Interest to the day of open ... added]
Question Why? — Answer. 1. That all notes of the same
denomination may on each day of the year be of the
same value: otherwise each note might would in the
compass among the Notes of each denomination
there might be a different value for every day
of the year, accor Sundays and a holyday or two excepted, inasmuch
as, (with those exceptions) no there is not a day in the year on which
notes of each denomination would not probably be
opened: With, say 310 different values. This confusion
would be highly inconvenient to th — and obstructive
the circulation.
As The interest being thus increased by being com
made to commence from days a day prior to emission,
the price must of course be proportionable: otherwise
people customers would universally wait till the end of the year before they
bought their Notes. Howsoever Till that last day, there
would be no Notes sold: and there on that day there would not be price
enough for supplying a threehundredth part of the demand:
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Identifier: | JB/002/400/001"JB/" can not be assigned to a declared number type with value 2. |
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002 |
annuity notes |
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400 |
art. 3 - 4 |
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001 |
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text sheet |
1 |
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recto |
a12 / f12 |
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jeremy bentham |
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1139 |
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