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<head>2<hi rend='superscript'>d</hi> 4<lb/> Annuity Notes</head> | |||
<p>II. That the proposed prices will be no bar<lb/> if supposing the commodity to be in other respects <lb/>suited to the market — then the <add>proposed</add> price will be <lb/>no bar, although so high as not to yield<lb/> quite 3 per Cent for money, which Stock Annuities<lb/> standing upon the same ground in <lb/>respect of expense to redemption yield almost<lb/> 8 per Cent is another supposition equally<lb/> warranted by experience.</p> | |||
<p>The <add>total</add> quantity of Banker's Paper (i:e: <lb/>paper issued by Country Bankers for Town Bankers<lb/> <unclear>issue server</unclear>) has been estimated <add>reckoned</add> by some persons<lb/> to <del>fall some short</del> <add>be somewhat less</add> by other very able and <lb/>competent judges to be <del>somew</del> considerably more<lb/> than the quantity of Bank of England paper<lb/> which may be set down at about 12 millions.<hi rend='superscript'>+</hi> <note><hi rend='superscript'>+</hi> Reference?</note> of this <del>Ban</del> Country paper a part is <add>bears</add> in <lb/>the <add>same</add> shape as Bank <add>of England</add> paper, bearing no interest, <lb/>and <add>but</add> payable on demand. But another <add>other</add> part <lb/>and by far the greater is in the shape of<lb/> paper bearing interest, and not payable on demand<lb/>.<hi rend='superscript'>||</hi><note><hi rend='superscript'>||</hi> Reference?</note> The rate of interest offered by this<lb/> paper is subject to considerable variation, being<lb/> different not only in different places, but in the<lb/> same Bank at different times. In no place however,<lb/> nor at any time can it be so high as 5 per<lb/> Cent: since if it were nothing would be to be got<lb/> by issuing the paper at that rate. A rule<lb/> <add>nominally</add> | |||
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{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}}{{Completed}} | ||
2d 4
Annuity Notes
II. That the proposed prices will be no bar
if supposing the commodity to be in other respects
suited to the market — then the proposed price will be
no bar, although so high as not to yield
quite 3 per Cent for money, which Stock Annuities
standing upon the same ground in
respect of expense to redemption yield almost
8 per Cent is another supposition equally
warranted by experience.
The total quantity of Banker's Paper (i:e:
paper issued by Country Bankers for Town Bankers
issue server) has been estimated reckoned by some persons
to fall some short be somewhat less by other very able and
competent judges to be somew considerably more
than the quantity of Bank of England paper
which may be set down at about 12 millions.+ + Reference? of this Ban Country paper a part is bears in
the same shape as Bank of England paper, bearing no interest,
and but payable on demand. But another other part
and by far the greater is in the shape of
paper bearing interest, and not payable on demand
.|||| Reference? The rate of interest offered by this
paper is subject to considerable variation, being
different not only in different places, but in the
same Bank at different times. In no place however,
nor at any time can it be so high as 5 per
Cent: since if it were nothing would be to be got
by issuing the paper at that rate. A rule
nominally
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Identifier: | JB/002/544/001"JB/" can not be assigned to a declared number type with value 2. |
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Annuity Notes |
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544 |
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Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property. |
F4 |
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Jeremy Bentham |
1798 A<…> |
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Frances Wright |
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1798 |
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1283 |
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