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| <head>Art. 6</head> | <head>Art. 6</head> | ||
| <p>Art. 6. | <p>Art. 6.[1] <hi rend='underline'>Illus....be kept open</hi>] So long as<lb/> Stock Annuities are under par the profit <del>to</del> by<lb/> the difference between <add>the</add> selling price and the purchasing<lb/> price <add>(as per Article 9)</add> will continue: and even <unclear>refusing</unclear><lb/> those Annuities raised to par, other profits <lb/><add>and advantages</add> will not be wanting, for which see Chapters <lb/>and  ) the amount of which will increase <lb/>with the <del>issu</del> amount of the paper issued </p>    | ||
| <p>Art 6 [2] This ... another...article.] The use<lb/> of making it such is to <sic>compleat</sic> the security<lb/> against <sic>depretiation</sic>, as afforded by the presiding<lb/> article. If by an event the paper in question <lb/>might be raised above par, by another it might<lb/> be brought down again: and to a man who<lb/> should in this way lose for example to the <lb/> amount of 5 per cent upon it, it would make<lb/> little difference, whether having taken £100 worth<lb/> of it at par he had to part with it at 95, <lb/>or whether, having taken it at £105, he had<lb/> to part with it at £100.   | |||
| </p> | |||
| <p>Another use (though the effect is not quite <lb/> so manifest) would be the insuring the <gap/><lb/> of this paper from the disadvantage of being <lb/><del>the paper</del> paid off without his consent, <hi rend='superscript'>+</hi> <note><hi rend='superscript'>+</hi> or, by the apprehension of being paid off, forced to accept of a reduced rate of interest</note> at <lb/>any time prior to the end of the period time <lb/> marked out. But to render this <del>sure</del> security <lb/>the more conspicuous, it is made the subject<lb/> of a separate <gap/> in the end article. </p>  | |||
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Art. 6
Art. 6.[1] Illus....be kept open] So long as
 Stock Annuities are under par the profit to by
 the difference between the selling price and the purchasing
 price (as per Article 9) will continue: and even refusing
 those Annuities raised to par, other profits 
and advantages will not be wanting, for which see Chapters 
and  ) the amount of which will increase 
with the issu amount of the paper issued 
Art 6 [2] This ... another...article.] The use
 of making it such is to compleat the security
 against depretiation, as afforded by the presiding
 article. If by an event the paper in question 
might be raised above par, by another it might
 be brought down again: and to a man who
 should in this way lose for example to the 
 amount of 5 per cent upon it, it would make
 little difference, whether having taken £100 worth
 of it at par he had to part with it at 95, 
or whether, having taken it at £105, he had
 to part with it at £100.  
Another use (though the effect is not quite 
 so manifest) would be the insuring the 
 of this paper from the disadvantage of being 
the paper paid off without his consent, + + or, by the apprehension of being paid off, forced to accept of a reduced rate of interest at 
any time prior to the end of the period time 
 marked out. But to render this sure security 
the more conspicuous, it is made the subject
 of a separate  in the end article. 
| Identifier: | JB/002/403/001"JB/" can not be assigned to a declared number type with value 2. | |||
|---|---|---|---|
| 002 | annuity notes | ||
| 403 | art. 6 | ||
| 001 | |||
| text sheet | 1 | ||
| recto | a15 / f15 | ||
| jeremy bentham | <…>m 1798 | ||
| frances wright | |||
| 1798 | |||
| 1142 | |||