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<p>[11][<del>AT the above office</del> [<hi rend='underline'>May be received Yearly</hi>] Whether<lb/> the dividends shall be receivable <hi rend='underline'>Yearly</hi> only, as here <lb/>proposed, or half yearly, is a question to be decided <lb/>upon by the proper Judges. — The advantages attending<lb/> the less frequent period of payment, supposing<lb/> it practicable, are <del>so</del> obvious enough: 1 the<lb/> trouble and thence the expence of payment not above<lb/> half as good as in the other case: 2. In the other<lb/> case, the plan for exhibiting the daily value for the<lb/> purpose of a prompt and commodious currency <lb/>would <add><hi rend='superscript'>[+</hi> | <p>[11][<del>AT the above office</del> [<hi rend='underline'>May be received Yearly</hi>] Whether<lb/> the dividends shall be receivable <hi rend='underline'>Yearly</hi> only, as here <lb/>proposed, or half yearly, is a question to be decided <lb/>upon by the proper Judges. — The advantages attending<lb/> the less frequent period of payment, supposing<lb/> it practicable, are <del>so</del> obvious enough: 1 the<lb/> trouble and thence the expence of payment not above<lb/> half as good as in the other case: 2. In the other<lb/> case, the plan for exhibiting the daily value for the<lb/> purpose of a prompt and commodious currency <lb/>would <add><hi rend='superscript'>[+]</hi></add><lb/> <note> <hi rend='superscript'>[+]</hi> instead of being simple to a degree that will presently be perceived,</note><lb/> be <add>a <gap/></add> complicated — <del>more</del> much more so<lb/> than might at first glance be supposed. If therefore <lb/>the public would accept of the yearly mode<lb/> | ||
6
the lowness of the proposed rate of interest proposed
hoard in their imposed with the now current rate at present
current, (concerning which see ) the exercise of such a power is an event
that presents itself as neither probable nor desirable.
F
[11][AT the above office [May be received Yearly] Whether
the dividends shall be receivable Yearly only, as here
proposed, or half yearly, is a question to be decided
upon by the proper Judges. — The advantages attending
the less frequent period of payment, supposing
it practicable, are so obvious enough: 1 the
trouble and thence the expence of payment not above
half as good as in the other case: 2. In the other
case, the plan for exhibiting the daily value for the
purpose of a prompt and commodious currency
would [+]
[+] instead of being simple to a degree that will presently be perceived,
be a complicated — more much more so
than might at first glance be supposed. If therefore
the public would accept of the yearly mode
Metadata:JB/002/141/001
