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<p> <note>2<hi rend="superscript">d.</hi></note> <note>24</ | <p> <note>2<hi rend="superscript">d.</hi></note> <note>24<lb/> 4</note></p> | ||
<p> <note> VI. <sic>Depretiation</sic><lb/> 25<lb/> No example has<lb/> ever yet appeared<lb/> of a Government<lb/> Engagement possessing<lb/> that security against<lb/> <hi rend="underline">glut</hi>, that this does.</note></p> | |||
<p>Sitting under the extreme <del>clause</del> case, above <add> here</add> <lb/> mentioned, <add> in question</add> there is but one cause of <sic>depretiation</sic><lb/> to which Government paper is <add>stands</add> exposed: <hi rend="superscript">[+]</hi> <note>[+] and that is, the forcing of the market</note> All <lb/> existing Government papers <add> securities</add> stand <add> essentially</add> exposed to <lb/> the action of this cause: the proposed paper<lb/> alone does not. Of all other Government<lb/> annuities that are or have been <add> on foot</add> in this country<lb/> at least, <hi rend="superscript">[+]</hi> <note> long or short for a definite time or an indefinite time</note> the quantity on sale has been proportioned,<lb/>and known to be proportioned — not<lb/> to the demand <add> in the hand</add> <add> made by</add> of the purchaser, <add> buyer</add> but to the exigencies<lb/> of the seller: <add> vendor</add> of the proposed Annuities<lb/> the quantity on sale is proportioned <add> exactly adjusted</add> to the demand<lb/> <del>m</del> on the part of the purchaser, and <lb/> <del>never can exceed it.</del> by a fundamental condition<lb/> is rendered <add> for ever</add> incapable of exceeding it.</p> | |||
2d. 24
4
VI. Depretiation
25
No example has
ever yet appeared
of a Government
Engagement possessing
that security against
glut, that this does.
Sitting under the extreme clause case, above here
mentioned, in question there is but one cause of depretiation
to which Government paper is stands exposed: [+] [+] and that is, the forcing of the market All
existing Government papers securities stand essentially exposed to
the action of this cause: the proposed paper
alone does not. Of all other Government
annuities that are or have been on foot in this country
at least, [+] long or short for a definite time or an indefinite time the quantity on sale has been proportioned,
and known to be proportioned — not
to the demand in the hand made by of the purchaser, buyer but to the exigencies
of the seller: vendor of the proposed Annuities
the quantity on sale is proportioned exactly adjusted to the demand
m on the part of the purchaser, and
never can exceed it. by a fundamental condition
is rendered for ever incapable of exceeding it.
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Identifier: | JB/002/564/001"JB/" can not be assigned to a declared number type with value 2. |
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25 |
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002 |
annuity notes |
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564 |
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001 |
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text sheet |
1 |
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recto |
e4 / f24 |
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jeremy bentham |
<…>m 1798 |
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frances wright |
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1798 |
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1303 |
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