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<p>It is only in time of war that the resource <lb/>is of any value. <del>The By the proposed measure<lb/> nothing will be taken from the</del> The quantity of money<lb/> in the country will not be lessened at any rate by<lb/> the proposed measure: the great and only danger is &#x2014; <lb/><del>lest the <gap/> imbalance be too great,</del> <add>lest it be increased too much <unclear>should</unclear></add> <del>The</del> <add><unclear>Upon</unclear> any emergency, the</add> same quantity <lb/>of money would therefore be to be had, and<lb/> always <add>to be</add> had, only through a <hi rend='underline'>channel</hi> <del><gap/></del> <add>perhaps</add><lb/> different, and at a rate of interest, <unclear>probably</unclear>,<lb/> though not certainly, a little higher. <hi rend='superscript'>+</hi> <note><hi rend='superscript'>+</hi>At the worst, to a <del>for</del> set against the gain of the twenty, thirty or forty millions, two or three times in the course of ten or twenty years, an <add>extra</add> expense to the amount of £50,000 or £100,000 might be incurred. Upon these occasions </note> <del>More</del><lb/> <add>A <del>small</del> quantity</add><lb/> <add>of</add> money might come to be raised, <del>now and then,</del> <add>upon these occasions,</add> upon<lb/> Bills in the nature of Exchequer Bills, <del>by prev</del><lb/> under powers previously and regularly obtained from<lb/> Parliament, instead of being raised by Treasury Bills.<lb/> without powers from Parliament.</p>  
<p>It is only in time of war that the resource <lb/>is of any value. <del>The By the proposed measure<lb/> nothing will be taken from the</del> The quantity of money<lb/> in the country will not be lessened at any rate by<lb/> the proposed measure: the great and only danger is &#x2014; <lb/><del>lest the <gap/> imbalance be too great,</del> <add>lest it be increased too much should</add> <del>The</del> <add>Upon any emergency, the</add> same quantity <lb/>of money would therefore be to be had, and<lb/> always <add>to be</add> had, only through a <hi rend='underline'>channel</hi> <del>somewhat</del> <add>perhaps</add><lb/> different, and at a rate of interest, <unclear>probably</unclear>,<lb/> though not certainly, a little higher. <hi rend='superscript'>+</hi> <note><hi rend='superscript'>+</hi> At the worst, to a <del>for</del> set against the gain of the twenty, thirty or forty millions, two or three times in the course of ten or twenty years, an <add>extra</add> expense to the amount of £50,000 or £100,000 might be incurred. Upon these occasions </note> <del>More</del><lb/> <add>A <del>small</del> quantity</add><lb/> <add>of</add> money might come to be raised, <del>now and then,</del> <add>upon these occasions,</add> upon<lb/> Bills in the nature of Exchequer Bills, <del>by prev</del><lb/> under powers previously and regularly obtained from<lb/> Parliament, instead of being raised by Treasury Bills.<lb/> without powers from Parliament.</p>  
 
<p>The resource, such as it is, might or might <lb/>not be reduced, but at the <gap/> would be but reduced. <add>Even now</add> Profit by paper <unclear>speces</unclear> is but a part of <lb/>the profits of the Bank.</p>   
<p>The resource, such as it is, might or might <lb/>not be reduced, but at the <gap/> would be but reduced. <add>Even now</add> Profit by paper <unclear>speces</unclear> is but a part of <lb/>the profits of the Bank.</p>   



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It is only in time of war that the resource
is of any value. The By the proposed measure
nothing will be taken from the
The quantity of money
in the country will not be lessened at any rate by
the proposed measure: the great and only danger is —
lest the imbalance be too great, lest it be increased too much should The Upon any emergency, the same quantity
of money would therefore be to be had, and
always to be had, only through a channel somewhat perhaps
different, and at a rate of interest, probably,
though not certainly, a little higher. + + At the worst, to a for set against the gain of the twenty, thirty or forty millions, two or three times in the course of ten or twenty years, an extra expense to the amount of £50,000 or £100,000 might be incurred. Upon these occasions More
A small quantity
of money might come to be raised, now and then, upon these occasions, upon
Bills in the nature of Exchequer Bills, by prev
under powers previously and regularly obtained from
Parliament, instead of being raised by Treasury Bills.
without powers from Parliament.

The resource, such as it is, might or might
not be reduced, but at the would be but reduced. Even now Profit by paper speces is but a part of
the profits of the Bank.



Identifier: | JB/002/265/001"JB/" can not be assigned to a declared number type with value 2.

Date_1

Marginal Summary Numbering

Box

002

Main Headings

annuity notes

Folio number

265

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

f173

Penner

jeremy bentham

Watermarks

<…>m 1798

Marginals

Paper Producer

frances wright

Corrections

Paper Produced in Year

1798

Notes public

ID Number

1004

Box Contents

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