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<p><head>I. Assurance</head></p> | |||
<p>1<lb/> | |||
<add><del>It will</del></add> The first <unclear>if</unclear> later it<lb/> | |||
will be the Petty<lb/> | |||
Hoarders who take<lb/> | |||
it with a view of<lb/> | |||
keeping it. To answer</p> | |||
<head> | |||
<p><head>Extant Effects</head></p> | |||
<p>So long as any<lb/> | |||
gold exists, it<lb/> | |||
can not <add>be scarce –</add> bear a<lb/> | |||
premium or exchange<lb/> | |||
against Annuity Notes,<lb/> | |||
because <del>by the</del><lb/> | |||
Annuity notes being<lb/> | |||
by the <gap/><lb/> | |||
referred to it,<lb/> | |||
every body will<lb/> | |||
rather part with<lb/> | |||
gold than with<lb/> | |||
one Annuity note.</p> | |||
<p>Neither can it<lb/> | |||
lose its value<lb/> | |||
since every body<lb/> | |||
is complled to<lb/> | |||
<unclear>Enter</unclear> gold for a<lb/> | |||
debt, and can<lb/> | |||
not be compelled to<lb/> | |||
enter Annuity Notes.</p> | |||
<p>Gold can not be<lb/> | |||
inconveniently<lb/> | |||
scarce without<lb/> | |||
bearing a premium:<lb/> | |||
nor can<lb/> | |||
<del>it bear</del> a premium<lb/> | |||
be given for it for<lb/> | |||
the purpose of purchasing<lb/> | |||
Annuity<lb/> | |||
notes with it:<lb/> | |||
since there is nothing<lb/> | |||
in which<lb/> | |||
the purchase of it<lb/> | |||
could be made<lb/> | |||
but Annuity Notes.<lb/> | |||
Therefore the<lb/> | |||
proportion as between<lb/> | |||
Cash & Paper<lb/> | |||
a <unclear>wild</unclear> object itself<lb/> | |||
be general convenient<lb/> | |||
without any scarcity<lb/> | |||
on either side.<lb/> | |||
As neither could | |||
be driven one (by the other) both would<lb/> | |||
stay.</p> | |||
<pb/> | |||
I. Assurance
1
It will The first if later it
will be the Petty
Hoarders who take
it with a view of
keeping it. To answer
Extant Effects
So long as any
gold exists, it
can not be scarce – bear a
premium or exchange
against Annuity Notes,
because by the
Annuity notes being
by the
referred to it,
every body will
rather part with
gold than with
one Annuity note.
Neither can it
lose its value
since every body
is complled to
Enter gold for a
debt, and can
not be compelled to
enter Annuity Notes.
Gold can not be
inconveniently
scarce without
bearing a premium:
nor can
it bear a premium
be given for it for
the purpose of purchasing
Annuity
notes with it:
since there is nothing
in which
the purchase of it
could be made
but Annuity Notes.
Therefore the
proportion as between
Cash & Paper
a wild object itself
be general convenient
without any scarcity
on either side.
As neither could
be driven one (by the other) both would
stay.
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Identifier: | JB/003/002/003"JB/" can not be assigned to a declared number type with value 3. |
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1799-11-12 |
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003 |
annuity notes |
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002 |
annuity notes |
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003 |
extent / effects / assurance |
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rudiments sheet (brouillon) |
2 |
||
recto |
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jeremy bentham |
tw 1794 |
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francis hall |
|||
1794 |
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1412 |
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