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< | <note>Art 22 </note> <note>33<lb/>Abstract<lb/> Plan</note> | ||
<note> <del>Exemplified</del> <lb/> reduction to <lb/>universal <del> was exemplified </del> <add> took place <add> equal</add><lb/> between<lb/> 1717 & 1750</note> | |||
<p> Art. 22 [19] [<hi rend="underline">1 1/2 per cent nearly</hi>] <del> <gap/> this degree</del> <add> See Table I</add> <lb/> Note [m J. — From</p> <p> <del> <sic>qr</sic> reduction would be no greater than what has <lb/> been already exemplified From</del> 3 to 1 1/2 is <lb/> no greater <del> in degree of</del> reduction than from 6 <lb/> to 3; <add><del> which is</del> </add><del> the reduction</del> <add> being</add> that, <del> <gap/></del> <add> which,</add> in the course of<lb/> 33 years, viz: between 1717 and 1750, took <lb/> place in regard to divers parcels of Stock, though<lb/> the reduction of the great mass from 4 to 3<lb/> per Cent was not <sic> completed till</sic> 1757. See<lb/> <del>II</del> Sinclair II.112..</p> | |||
<p> When Adam Smith wrote, the rate of interest <lb/> in the Dutch Funds was already as low as<lb/> 2 per Cent. <del> [Wealth of Nations</del> [B.I.Ch.IX.]</p> | |||
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Art 22 33
Abstract
Plan
Exemplified
reduction to
universal was exemplified took place <add> equal
between
1717 & 1750
Art. 22 [19] [1 1/2 per cent nearly] this degree See Table I
Note [m J. — From
qr reduction would be no greater than what has
been already exemplified From 3 to 1 1/2 is
no greater in degree of reduction than from 6
to 3; which is the reduction being that, which, in the course of
33 years, viz: between 1717 and 1750, took
place in regard to divers parcels of Stock, though
the reduction of the great mass from 4 to 3
per Cent was not completed till 1757. See
II Sinclair II.112..
When Adam Smith wrote, the rate of interest
in the Dutch Funds was already as low as
2 per Cent. [Wealth of Nations [B.I.Ch.IX.]
