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<note><!-- in pencil -->Annuity <gap/> <gap/> <gap/></note><lb/> | <note><!-- in pencil -->Annuity <gap/> <gap/> <gap/></note><lb/> | ||
<note><!-- in pencil -->17 [17 Stock, <del>of</del> <add>where</add> at or above <gap/> to be <hi rend='underline'>paid</hi> off instead of brought in</note> | <p><note><!-- in pencil -->17 [17 Stock, <del>of</del> <add>where</add> at or above <gap/> to be <hi rend='underline'>paid</hi> off instead of brought in</note> | ||
<del>15</del> 17 [1] That, if by this and other means, 3 per<lb/> | <del>15</del> 17 [1] That, if by this and other means, 3 per<lb/> | ||
Cent Stock Annuities should ever have risen<lb/> | Cent Stock Annuities should ever have risen<lb/> | ||
to par, <hi rend='superscript'>[1]</hi> | to par, <hi rend='superscript'>[1]</hi> | ||
<note><!-- in pencil -->[1] | <note><!-- in pencil -->[1] Probability</note> | ||
the produce of the issue of Note Annuities<lb/> | the produce of the issue of Note Annuities<lb/> | ||
be thereupon applied to the <del><gap/></del> <hi rend='underline'>paying</hi><lb/> | be thereupon applied to the <del><gap/></del> <hi rend='underline'>paying</hi><lb/> | ||
Line 17: | Line 17: | ||
<note><!-- in pencil -->[2] <unclear>necessity of result</unclear></note> | <note><!-- in pencil -->[2] <unclear>necessity of result</unclear></note> | ||
Stock Annuities —<lb/> | Stock Annuities —<lb/> | ||
and so <hi rend='underline'><gap/></hi> <hi rend='underline'><unclear>quotes</unclear></hi>, buying in, <del>or paying off</del><lb/> | |||
<del>according as Stock Annuities are</del> whenever they<lb/> | |||
are <hi rend='underline'>under</hi> par, paying <del>them</del> off, whenever they<lb/> | |||
are <hi rend='underline'>at</hi> or <hi rend='underline'>above</hi> par. <hi rend='superscript'><del>[2]</del></hi></p> | |||
<note><!-- note in pencil -->18 [2] If off Note Annuities to <gap/> upon the paying off the last <unclear>portion</unclear> of Stock: i:e: the <unclear>completion</unclear> of the conversion of Stock into Note Annuities</note> | |||
18 [2] That (inasmuch as the paying off Stock<lb/> | |||
Annuities will lead to a rapid and almost immediate<lb/> | |||
conversion of the whole <del>of</del> amount into Note<lb/> | |||
<del>Annuities) if thereupon the Note Annuities (now</del> <lb/> | |||
<del>become by the <unclear>supposition</unclear> the only Government Annuities)</del><lb/> | |||
<del>should <unclear>experience</unclear> <add>come to bear a premium</add> a <gap/> to a <gap/></del><lb/> | |||
Annuities) <hi rend='superscript'>[1]</hi> <note><hi rend='superscript'>[1]</hi> Probability</note> | |||
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{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}} |
7.
II. Eventual Extension
Annuity
17 [17 Stock, of where at or above to be paid off instead of brought in
15 17 [1] That, if by this and other means, 3 per
Cent Stock Annuities should ever have risen
to par, [1]
[1] Probability
the produce of the issue of Note Annuities
be thereupon applied to the paying
off instead of buying in, [2]
[2] necessity of result
Stock Annuities —
and so quotes, buying in, or paying off
according as Stock Annuities are whenever they
are under par, paying them off, whenever they
are at or above par. [2]
18 [2] If off Note Annuities to upon the paying off the last portion of Stock: i:e: the completion of the conversion of Stock into Note Annuities
18 [2] That (inasmuch as the paying off Stock
Annuities will lead to a rapid and almost immediate
conversion of the whole of amount into Note
Annuities) if thereupon the Note Annuities (now
become by the supposition the only Government Annuities)
should experience come to bear a premium a to a
Annuities) [1] [1] Probability
Identifier: | JB/002/384/001"JB/" can not be assigned to a declared number type with value 2. |
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17-19 |
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002 |
annuity notes |
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384 |
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001 |
ii eventual extension |
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text sheet |
1 |
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recto |
f7 |
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jeremy bentham |
tw 1794 |
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francis hall |
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1794 |
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1123 |
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