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<p>9 <note>Annuity Notes</note><lb/> <note>Ch. Grounds<lb/><del>Advanced <unclear>Profit</unclear></del><lb/> Steadiness</note></p> <p> <note>10<lb/> This certainty is<lb/> entire — for<lb/> 1. <del>these</del> This paper<lb/> is equally valuable<lb/> to every one who has<lb/> money</note></p><p>it came <add>loss</add> to bear on the market would undergo <lb/> an inevitable <sic>depretiation</sic>] But though this is <lb/> a state of things very easy to conceive, — as<lb/> easy as the opposite — it is a state of things <lb/> not at all likely to be realized. The possessors <lb/> of temporary sums are — not this man or<lb/>that man — but all men without exception:<lb/> by the same rule that any one such<lb/> person has a demand for this species of papers <add> property</add><lb/> so <del>e</del> has every other. Without a real demand, <lb/> without an application actually made <lb/> in consequence, <del>not a sin</del> no one such Note<lb/> can ever have been issued: <del> the application</del><lb/><del>of</del> it is a commodity the sale <add> contract</add> of which<lb/> originates not with the <add> Government</add> <hi rend="underline">vendor</hi> — but with<lb/>the individual — each individual — the <hi rend="underline">purchaser</hi>. | It is not with these Note-annuities<lb/> <note> 12<lb/> It is not forced into<lb/> the market in large<lb/> masses without an<lb/> antecedent demand<lb/> as Stock is</note><lb/> as with Stock Annuities, which from time to <lb/> time <del>are</del> according to the exigency are forced<lb/> into the market in immense masses <add> so that</add> and the<lb/> business is to find customers for them <add> on which occasions customers must be found</add> at any <lb/> rate. The one <add>are</add> distilled into it like the dew,<lb/> the others are poured into it like a torrent.<lb/> It is by the experience of their currency that the<lb/> <del>deman</del> application for them in each instance is<lb/> <sic>preceeded</sic> and suggested. | No one will <add> man can</add> ever have<lb/> <add>been</add> <lb/> <note> 13<lb/> It is more advantageous</note></p> | |||
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9 Annuity Notes
Ch. Grounds
Advanced Profit
Steadiness
10
This certainty is
entire — for
1. these This paper
is equally valuable
to every one who has
money
it came loss to bear on the market would undergo
an inevitable depretiation] But though this is
a state of things very easy to conceive, — as
easy as the opposite — it is a state of things
not at all likely to be realized. The possessors
of temporary sums are — not this man or
that man — but all men without exception:
by the same rule that any one such
person has a demand for this species of papers property
so e has every other. Without a real demand,
without an application actually made
in consequence, not a sin no one such Note
can ever have been issued: the application
of it is a commodity the sale contract of which
originates not with the Government vendor — but with
the individual — each individual — the purchaser. | It is not with these Note-annuities
12
It is not forced into
the market in large
masses without an
antecedent demand
as Stock is
as with Stock Annuities, which from time to
time are according to the exigency are forced
into the market in immense masses so that and the
business is to find customers for them on which occasions customers must be found at any
rate. The one are distilled into it like the dew,
the others are poured into it like a torrent.
It is by the experience of their currency that the
deman application for them in each instance is
preceeded and suggested. | No one will man can ever have
been
13
It is more advantageous
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Identifier: | JB/002/594/001"JB/" can not be assigned to a declared number type with value 2. |
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10-12 |
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002 |
Annuity Notes |
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594 |
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001 |
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Text sheet |
1 |
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Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property. |
E9 |
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Jeremy Bentham |
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1333 |
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