★ Find a new page to transcribe in our list of Untranscribed Manuscripts
Created page with ''''[{{fullurl:JB/002/556/001|action=edit}} Click Here To Edit]''' <!-- ENTER TRANSCRIPTION BELOW THIS LINE --> ''This Page Has Not Been Transcribed Yet'' <!-- DO NOT EDIT BELO…' |
No edit summary |
||
| (3 intermediate revisions by 2 users not shown) | |||
| Line 2: | Line 2: | ||
<!-- ENTER TRANSCRIPTION BELOW THIS LINE --> | <!-- ENTER TRANSCRIPTION BELOW THIS LINE --> | ||
' | <p> <note>2<hi rend="superscript">ds</hi></note> <note>13</note><lb/> <note> Annuity Notes</note><lb/><note> Ch. Grounds</note></p> <p> <note> III.SV.V. Circulation</note><lb/><note>13<lb/>The proposed paper<lb/>with paper circulation<lb/> with addition<lb/>of the growing interest<lb/> <unclear>Principles</unclear> in proof<lb/> 1. Exchequer Bill<lb/> 2 Navy &c Bills<lb/> 3. Bankers interest<lb/> bearing Notes ?<lb/> 4. Bills of Exchange<lb/>Though the papers<lb/> have not the benefit<lb/> of the <hi rend="underline">Tables</hi></note></p> <p> 3. <del>5</del> 4. <add> & 5</add> It will <del><gap/></del> be received in circulation — <lb/> <del>and</del> at the <del>same price at which it</del> <add>emission price — with the addition</add><lb/> of the interest. And as the emission price — <del>without<lb/> being subject to <sic>depretiation</sic></del></p> <p> Admitting the two former propositions, these<lb/> three <del>follow on self evident</del> will scarcely appear<lb/> exposed to doubt.</p> <p> That the intervening interest will be allowed<lb/> is proved by experience in the instance of Exchequer<lb/> Bills — <add> and</add> in the instance of Navy, <lb/> Transport, Victualling Bills and Ordnance Debentures.<lb/> It is proved <del> <gap/></del> moreover in <lb/> the instance of <del>Bankers</del> the interest-bearing Notes <note> Enquire</note><lb/> of Country Bankers. It is proved <foreign> <hi rend="underline">i concurso</hi></foreign> <lb/> in the instance of Bills of Exchange, on which <note>Enquire</note><lb/><add> as the day of payment approaches</add> the discount is diminished as the day of <lb/> payment approaches. — In all these instances<lb/> the ascertainment of the quantum of <lb/> the interest is matter of calculation: in the <lb/> instance of the proposed paper, thanks to the <add> with its Tables</add> <lb/>Tables at the back, <gap/> it is a matter of simple inspection,<lb/> performed in less time than in the <lb/> case of a guinea or a shilling is employed<lb/> in examining into the goodness of the money, in<lb/> the case of a guinea or a shilling is <sic>employ'd</sic><lb/> in examining into the goodness of the coin.</p> | ||
<!-- DO NOT EDIT BELOW THIS LINE --> | <!-- DO NOT EDIT BELOW THIS LINE --> | ||
{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}}{{Completed}} | ||
2ds 13
Annuity Notes
Ch. Grounds
III.SV.V. Circulation
13
The proposed paper
with paper circulation
with addition
of the growing interest
Principles in proof
1. Exchequer Bill
2 Navy &c Bills
3. Bankers interest
bearing Notes ?
4. Bills of Exchange
Though the papers
have not the benefit
of the Tables
3. 5 4. & 5 It will be received in circulation —
and at the same price at which it emission price — with the addition
of the interest. And as the emission price — without
being subject to depretiation
Admitting the two former propositions, these
three follow on self evident will scarcely appear
exposed to doubt.
That the intervening interest will be allowed
is proved by experience in the instance of Exchequer
Bills — and in the instance of Navy,
Transport, Victualling Bills and Ordnance Debentures.
It is proved moreover in
the instance of Bankers the interest-bearing Notes Enquire
of Country Bankers. It is proved i concurso
in the instance of Bills of Exchange, on which Enquire
as the day of payment approaches the discount is diminished as the day of
payment approaches. — In all these instances
the ascertainment of the quantum of
the interest is matter of calculation: in the
instance of the proposed paper, thanks to the with its Tables
Tables at the back, it is a matter of simple inspection,
performed in less time than in the
case of a guinea or a shilling is employed
in examining into the goodness of the money, in
the case of a guinea or a shilling is employ'd
in examining into the goodness of the coin.
