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<p> 5 <note>Annuity Notes</note> </p> <p> <note> Ch Form<lb/> Notes</note</p> <p> The use <add> utility</add> of the <gap/> in this point of view<lb/> seems to be &#x2014; not <add> consists &#x2014; not in</add> the affording any independent security<lb/> against forgery &#x2014; but <Add>in</add> the affording the means<lb/> of obviating the objection that might present itself<lb/> on the ground of <sic>expence</sic> to the species of security<lb/> already indicated.</p> <p> That even without any such reduction the <lb/> objection on the ground of <sic>expence</sic> need not be <lb/> regarded as insuperable, it may be inferred from<lb/> the <del>instance of</del> engraving <add> engraved figure</add> at present visible in <lb/> Bank Notes.  The figure is an emblematical<lb/> one &#x2014; Peace with an olive branch, or some such<lb/> personage.  <del>As</del> The wear and tear upon the portraiture<lb/> of a real personage, <hi rend="superscript">[+]</hi> <note> [+] The Governor or Cashier of the Bank for instance</note> would not be more<lb/> than upon the portraiture of an imaginary one.<lb/> <del> This ornament or security</del> This embellishment, <del> whether<lb/> designed for sec</del> for whatever purpose designed &#x2014; ornament<lb/> or security, or both &#x2014; is not denied to Bank<lb/> notes of the lowest magnitude &#x2014; viz: £1 Notes.</p>
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Revision as of 10:47, 12 April 2016

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5 Annuity Notes

Ch Form
Notes</note

The use utility of the in this point of view
seems to be — not consists — not in the affording any independent security
against forgery — but in the affording the means
of obviating the objection that might present itself
on the ground of expence to the species of security
already indicated.

That even without any such reduction the
objection on the ground of expence need not be
regarded as insuperable, it may be inferred from
the instance of engraving engraved figure at present visible in
Bank Notes. The figure is an emblematical
one — Peace with an olive branch, or some such
personage. As The wear and tear upon the portraiture
of a real personage, [+] <note> [+] The Governor or Cashier of the Bank for instance would not be more
than upon the portraiture of an imaginary one.
This ornament or security This embellishment, whether
designed for sec
for whatever purpose designed — ornament
or security, or both — is not denied to Bank
notes of the lowest magnitude — viz: £1 Notes.

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