★ Find a new page to transcribe in our list of Untranscribed Manuscripts
No edit summary |
No edit summary |
||
Line 13: | Line 13: | ||
what could be disposed of at that price, <del>unless there</del> <hi rend='superscript'>but for th</hi>e<lb/> | what could be disposed of at that price, <del>unless there</del> <hi rend='superscript'>but for th</hi>e<lb/> | ||
co-existence of some other species of engagement, unlimited<lb/> | co-existence of some other species of engagement, unlimited<lb/> | ||
in <del>quantity</del>, <hi rend='superscript'>respect of the quantity offered at market</hi> and <del>therefore subjected</del> to things refused to<lb/> | in <del>quantity</del>, <hi rend='superscript'>respect of the quantity offered at market</hi> and <del>therefore subjected</del> to things<unclear> refused</unclear> to<lb/> | ||
an unlimited diminution of price. | an unlimited diminution of price. | ||
An engagement A government engagement could not
like this, have been rendered depretiation-proof, but
for its the pre-existence of Stock Annuities, and
its connection with them, as above. The exigencies
of government, not being susceptible of limitation,
no species of engagement could be offered of which the
should be and the quantity limited to
what could be disposed of at that price, unless there but for the
co-existence of some other species of engagement, unlimited
in quantity, respect of the quantity offered at market and therefore subjected to things refused to
an unlimited diminution of price.