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[[File:JB_002_553_001.jpg|520px|right]]
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== ENTER TRANSCRIPTION BELOW THIS LINE ==
 
In the case of Exchequer Bills, it is 000<lb/>
 
000 danger of depretiation is 000 comparatively<lb/>
 
In the case <hi rend="superscript">instance</hi> of Exchequer Bills, it is true,<lb/>
the danger of depretiation is of comparatively<lb/>
small account. But the annuity afforded by<lb/>
small account. But the annuity afforded by<lb/>
an Exchequer Bill is not the sort of annu-<lb/>
an Exchequer Bill is not the sort of annuity<lb/>
ity which is afforded by the 000 of 000<lb/>
which is afforded by the 000 of paper<lb/>
000. It is an annuity of 000 000 any
proposed. It is an annuity if such it may<lb/>
000 for a 000 000 000 two years,<lb/>
be termed for a term never exceeding two years,<lb/>
and which may fall short of<lb/>
and which may fall short of that term to any<lb/>
amount. It is therefor altogether unsuited to the<lb/>
amount. It is therefor altogether unsuited to the<lb/>
000 afforded by a permanent<lb/>
demand  afforded by a permanent sum <gap/><lb/>
The probability is indeed that when our <del>batch</del> <add>000</add><lb/>
The probability is indeed that when our <del>batch</del> <add>000</add><lb/>
of Exchequer Bills is paid off, or before, another<lb/>
of Exchequer Bills is paid off, or before, another<lb/>
000 will be 000 sale: but it is altoge-<lb/>
000 will be 000 sale: but it is altogether<lb/>
ther uncertain upon what terms. 000 000 <lb/>
uncertain upon what terms. Stock Annuities <lb/>
000 are subject to an 000 of depre-<lb/>
are subject to an 000 of depre-<lb/>
tiation, <add>the 000 000 by</add> Exchequer Bills, to another: <lb/>
tiation, <add>the 000 000 by</add> Exchequer Bills, to another: <unclear>viz:</unclear> that of <lb/>
being paid off at a time when an equal rate<lb/>
being paid off at a time when an equal rate<lb/>
of interest is not to be 000 ob000 by<lb/>
of interest is not to be 000 ob000 by<lb/>

Revision as of 19:18, 31 January 2015

File:JB 002 553 001.jpg


In the case instance of Exchequer Bills, it is true,
the danger of depretiation is of comparatively
small account. But the annuity afforded by
an Exchequer Bill is not the sort of annuity
which is afforded by the 000 of paper
proposed. It is an annuity if such it may
be termed for a term never exceeding two years,
and which may fall short of that term to any
amount. It is therefor altogether unsuited to the
demand afforded by a permanent sum
The probability is indeed that when our batch 000
of Exchequer Bills is paid off, or before, another
000 will be 000 sale: but it is altogether
uncertain upon what terms. Stock Annuities
are subject to an 000 of depre-
tiation, the 000 000 by Exchequer Bills, to another: viz: that of
being paid off at a time when an equal rate
of interest is not to be 000 ob000 by

000 000 000.

paragraph

In time of war, so long as war continues 000 000 000, 000 by watching
the course of the market, a man 000 Exche-
quer Bills have been paid off,000 may 000
000 a 000 000 of
and a fresh batch upon equally advantageous
terms. But to 000 the course of the market in
000 000 view is in effect to follow a particular 000-
000 —that of a 000: a 000 000
individuals 000 000 can not in general 000
to 000 but under disadvantages of which 000
000 they are accordingly sufficiently aware.
---page break---


DO NOT EDIT BELOW THIS LINE

Identifier: | JB/002/553/001"JB/" can not be assigned to a declared number type with value 2.

Date_1

Marginal Summary Numbering

11

Box

002

Main Headings

Annuity Notes

Folio number

553

Info in main headings field

Image

001

Titles

Category

Text sheet

Number of Pages

1

Recto/Verso

Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.

Page Numbering

F13

Penner

Jeremy Bentham

Watermarks

<…>M 1798

Marginals

Jeremy Bentham

Paper Producer

Frances Wright

Corrections

Paper Produced in Year

1798

Notes public

ID Number

1292

Box Contents

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