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<note><del>10</del> Annuity Notes<lb/> | <note><!-- Pencil note, partly illegible --><del>10</del> Annuity Notes<lb/> | ||
<gap/><lb/> | <gap/><lb/> | ||
III <gap/><lb/> | III <gap/><lb/> | ||
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of the sums, an<lb/> | of the sums, an<lb/> | ||
unexampled facility<lb/> | unexampled facility<lb/> | ||
is given to the | is given to the operation<lb/> | ||
of payments</note> | of payments</note> | ||
<p><add>In the Payment branch, the</add><del>The</del> identity of the sums | |||
<p><add>In the Payment branch, the</add><del>The</del> identity of the sums — the consequent<lb/> | |||
uniformity of the business gives a facility to it<lb/> | uniformity of the business gives a facility to it<lb/> | ||
much beyond any thing that is or can be exemplified<lb/> | much beyond any thing that is or can be exemplified<lb/> | ||
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payment of Dividends at the Bank, the sum,<lb/> | payment of Dividends at the Bank, the sum,<lb/> | ||
being <add>in each instance</add> an uncertain one, can not be prepared before<lb/> | being <add>in each instance</add> an uncertain one, can not be prepared before<lb/> | ||
hand: the | hand: the sum must be mentioned and denominated,<lb/> | ||
before it can be counted out. Nor is it paid<lb/> | before it can be counted out. Nor is it paid<lb/> | ||
by the same hand or in the same room<lb/> | by the same hand or in the same room<lb/> | ||
which the amount of it is liquidated<add>ascertained</add>. In this<lb/> | which the amount of it is liquidated<add>ascertained</add>. In this<lb/> | ||
room the number <del>of</del> of dividends due, and<lb/> | room the number <del>of</del> of dividends due, and<lb/> | ||
the amount of each being ascertained by the Banks,<lb/> | the amount <del>of</del>of each being ascertained by the Banks,<lb/> | ||
and the Books signed by the <del>audi</del> Stockholder or<lb/> | and the Books signed by the <del>audi</del> Stockholder or<lb/> | ||
his agent, a warrant given him for the amount,<lb/> | his agent, a warrant given him for the amount,<lb/> | ||
and | and <del>to the</del> this warrant he has to<lb/> | ||
travel with to the Warrant Office, situated<lb/> | travel with to the Warrant Office, situated<lb/> | ||
at <del><gap/></del><del><gap/> very</del> inconsiderable distance | at <add><del><gap/></del></add><del><gap/> very</del> inconsiderable distance when he finds <lb/> | ||
each Clerk pre-engaged perhaps, by a number<lb/> | each Clerk pre-engaged perhaps, by a number<lb/> | ||
of other applicants. That <del><gap/></del><add><del>the</del></add> division of<lb/> | of other applicants. That <del><gap/></del><add><del>the</del></add> division of<lb/> | ||
increase of labour, is not, <add>finds</add> in this instance <add>of being</add> attended<lb/> | increase of labour, is not, <add>finds</add> in this instance <add>of being</add> attended<lb/> | ||
with such advantages upon the whole as <del>well</del> <add>are requisite <add> | with such advantages upon the whole as <del>well</del> <add>are requisite</add> <add>sufficient</add><add>to</add> warrant<lb/> | ||
the adoption of it, is what I see no reason<lb/> | the adoption of it, is what I see no reason<lb/> | ||
to <del>dispute</del><add>suspect</add>. But <del>the</del> either | to <del>dispute</del><add>suspect</add>. But <del>the</del> either | ||
this increase even on the part of the Official establishment,<lb/> | this increase even on the part of the Official establishment,<lb/> | ||
<add>of that great corporation</add> nor the much greater increase <add>of time consumed</add> on the part<lb/> | <add>of that great corporation,</add> nor the much greater increase <add>of time consumed</add> on the part<lb/> | ||
of the individual, liable to <del><gap/></del> dispute: and in this<lb/> | of the individual, liable to <del><gap/></del> dispute: and in this<lb/> | ||
instance of the proposed Annuity Notes it is as<lb/> | instance of the proposed Annuity Notes it is as<lb/> | ||
small advantage that the demand for so much time< | small advantage that the demand for so much time<lb/> | ||
and labour is capable of being struck off. | and labour is capable of being struck off. | ||
</p | </p> | ||
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10 Annuity Notes
III
By the identity
of the sums, an
unexampled facility
is given to the operation
of payments
In the Payment branch, theThe identity of the sums — the consequent
uniformity of the business gives a facility to it
much beyond any thing that is or can be exemplified
in the transactions of the Bankof England. In the
payment of Dividends at the Bank, the sum,
being in each instance an uncertain one, can not be prepared before
hand: the sum must be mentioned and denominated,
before it can be counted out. Nor is it paid
by the same hand or in the same room
which the amount of it is liquidatedascertained. In this
room the number of of dividends due, and
the amount ofof each being ascertained by the Banks,
and the Books signed by the audi Stockholder or
his agent, a warrant given him for the amount,
and to the this warrant he has to
travel with to the Warrant Office, situated
at very inconsiderable distance when he finds
each Clerk pre-engaged perhaps, by a number
of other applicants. That the division of
increase of labour, is not, finds in this instance of being attended
with such advantages upon the whole as well are requisite sufficientto warrant
the adoption of it, is what I see no reason
to disputesuspect. But the either
this increase even on the part of the Official establishment,
of that great corporation, nor the much greater increase of time consumed on the part
of the individual, liable to dispute: and in this
instance of the proposed Annuity Notes it is as
small advantage that the demand for so much time
and labour is capable of being struck off.
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Identifier: | JB/002/618/001"JB/" can not be assigned to a declared number type with value 2. |
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not numbered |
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002 |
annuity notes |
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618 |
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001 |
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text sheet |
1 |
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recto |
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jeremy bentham |
tw 1794 |
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francis hall |
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1794 |
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1357 |
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