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<head>Beginning</head>
<head>Beginning</head>


<p>The object of the present plan is — to extend
<p>The object of the present Plan is — to extend
<lb/>  
<lb/>  
the market for Government Annuities, by opening
the market for Government Annuities, by opening
<lb/>  
<lb/>  
it to two classes two very exclusive classes <lb/>  
it to two classes &#x2014; two very exclusive classes &#x2014; <lb/>  
of customers, who (it will be seen) have hitherto
of customers, who (it will be seen) have hitherto
<lb/>  
<lb/>  
stood excluded from it viz: the possessors
stood excluded from it &#x2014; viz: the possessors
<lb/>  
<lb/>  
<del>of small (though permanent) sums:</del> <add>of sums which though permanent are not large enough</add> and the
<del>of small (though permanent) sums:</del> <add>of sums which though permanent are not large enough</add> and the
<lb/>  
<lb/>  
<add>to buy stock with; and the</add> possessors of <del>temporary</del> sums more or less considerable <add>which if they were</add>
<add>to buy stock with; and the</add> possessors of <del>temporary</del> sums, more or less considerable <add>which if they were</add>
<lb/>  
<lb/>  
<add>permanent would be large enough to buy stock with</add> A conjunct, though secondary because
<add>permanent would be large enough to buy stock with.</add> A conjunct, though secondary because
<lb/>  
<lb/>  
consequential object is the affording a new means
consequential object is the affording a new means
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of this farther on, since it depends upon the profit
of this farther on, since it depends upon the profit
<lb/>  
<lb/>  
to be reaped by government by opening the market for the
to be reaped by Government by opening the market for the
<lb/>  
<lb/>  
commodity in which it deals to two additional and prodigiously
commodity in which it deals to two additional and prodigiously
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<lb/></p>
<lb/></p>


<p>The result will be that <del>interest and</del> profit
<p>The result will be that <del><unclear>interest and</unclear></del> profit
<lb/>  
<lb/>  
will be made, in the shape of interest, on a
will be made, in the shape of interest, on a
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<hi rend='underline'>some</hi> interest of money of which at present
<hi rend='underline'>some</hi> interest of money of which at present
<lb/>  
<lb/>  
he can make none and government, the
he can make none &#x2014; and Government, the
<lb/>  
<lb/>  
grantor and vendor of these annuities, by <add>in
grantor and vendor of these annuities, by <add>in
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<lb/>  
<lb/>  
thereby as far as the powers of this resource
thereby as far as the powers of this resource
<lb/>
 
<add>extend</add>
<add>extend</add>
<lb/></p>
<lb/></p>

Revision as of 11:48, 19 January 2011

File:JB 002 030 001.jpg

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Annuity Notes

Beginning

The object of the present Plan is — to extend
the market for Government Annuities, by opening
it to two classes — two very exclusive classes —
of customers, who (it will be seen) have hitherto
stood excluded from it — viz: the possessors
of small (though permanent) sums: of sums which though permanent are not large enough and the
to buy stock with; and the possessors of temporary sums, more or less considerable which if they were
permanent would be large enough to buy stock with. A conjunct, though secondary because
consequential object is the affording a new means
of accelerating the exhaustion of the National Debt. But
of this farther on, since it depends upon the profit
to be reaped by Government by opening the market for the
commodity in which it deals to two additional and prodigiously
extensive classes of customers, without which it will do upon its own terms.

The result will be that interest and profit
will be made, in the shape of interest, on a
mass of money which, although the exact amount
of it will may not be within the reach of
calculation will be seen to be a vast and
continually encreasing one: a profit which
in the instance of this as of other free and
fair contracts will fall come to be shared between
the two contracting parties: viz: the individual
purchaser of such the proposed easily transferable annuities, by
the opportunity afforded to him of making
some interest of money of which at present
he can make none — and Government, the
grantor and vendor of these annuities, by in
respect of
the advantage of obtaining ready money at a less
rate of interest than what it pays allows on the in respect of
money raised which it raises by the creation of stock, and
thereby as far as the powers of this resource extend



Identifier: | JB/002/030/001"JB/" can not be assigned to a declared number type with value 2.

Date_1

Marginal Summary Numbering

1-2

Box

002

Main Headings

annuity notes

Folio number

030

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

d1

Penner

jeremy bentham

Watermarks

Marginals

jeremy bentham

Paper Producer

Corrections

Paper Produced in Year

Notes public

ID Number

769

Box Contents

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