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<head>3 Annuity Notes</head><lb/> | <head>3 Annuity Notes</head><lb/> | ||
<head>The Advantages Financial</head>< | <head>The Advantages Financial</head><lb/> | ||
<p>All this which, even by the end of the <add>year</add> period<lb/> | <p>All this which, even by the end of the <add>year</add> period<lb/> | ||
by the | by the very supposition, not a penny of this £10,000,000<lb/> | ||
of Annuity Note paper can have got into the<lb/> hands of any customer for Stock Annuities<lb/> as such — can have been purchased to serve as a<lb/>substitute for Stock: for at the very last day | of Annuity Note paper can have got into the<lb/> hands of any customer for Stock Annuities<lb/> as such — can have been purchased to serve as a<lb/>substitute for Stock: for at the very last day by<lb/>this supposition Stocks are no higher than 85<lb/>and if to purchase an annuity of £3 a year<lb/>in Annuity note paper would be to any person when<lb/>it meted to lay his money out in the purchase of<lb/> stock | ||
be a loss to the amount of 25 but loss. | be a loss to the amount of 25 but loss.</p> | ||
<p>But by the 13 1/3 million of Stock Annuities<lb/> thus taken out of the whole mass no slight degree<lb/> of progress will have been made to the bringing<lb/> of that source of income up to the point at<lb/> which <del>it will</del> the purchase of it will cease to be<lb/> more advantageous than or so advantageous as<lb/> the purchase of Annuity note paper, in a word <lb/>at the conclusion of the first of those periods<lb/> so often spoken of: the amount of which the<lb/ | <p>But by the 13 1/3 million of Stock Annuities<lb/> thus taken out of the whole mass no slight degree<lb/> of progress will have been made to the bringing<lb/> of that source of income up to the point at<lb/> which <del>it will</del> the purchase of it will cease to be<lb/> more advantageous than or so advantageous as<lb/> is the purchase of Annuity note paper, in a word <lb/>at the conclusion of the first of those periods<lb/> so often spoken of: the amount of which the<lb/> trifling temporary addition made to the currency <lb/>as above, will with great rapidity <add>at a very rapid rate</add> be reabsorbed.</p> | ||
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3 Annuity Notes
The Advantages Financial
All this which, even by the end of the year period
by the very supposition, not a penny of this £10,000,000
of Annuity Note paper can have got into the
hands of any customer for Stock Annuities
as such — can have been purchased to serve as a
substitute for Stock: for at the very last day by
this supposition Stocks are no higher than 85
and if to purchase an annuity of £3 a year
in Annuity note paper would be to any person when
it meted to lay his money out in the purchase of
stock
be a loss to the amount of 25 but loss.
But by the 13 1/3 million of Stock Annuities
thus taken out of the whole mass no slight degree
of progress will have been made to the bringing
of that source of income up to the point at
which it will the purchase of it will cease to be
more advantageous than or so advantageous as
is the purchase of Annuity note paper, in a word
at the conclusion of the first of those periods
so often spoken of: the amount of which the
trifling temporary addition made to the currency
as above, will with great rapidity at a very rapid rate be reabsorbed.
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Identifier: | JB/002/242/002"JB/" can not be assigned to a declared number type with value 2. |
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1800-10-03 |
3 |
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002 |
annuity notes |
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242 |
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002 |
note (a) to p. 151 |
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text sheet |
1 |
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recto |
f151 |
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jeremy bentham |
1798 a<…> |
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frances wright |
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1798 |
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981 |
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