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<head>Exchequer Notes</head> <note>7 Cause <gap/></note> | |||
<p>them a man makes at the rate of from 5 1/4 to 5 1/2<lb/> | |||
percent by the year:<add>difference from 1 1/4 to 1 1/2 per Cent.</add> But in these two cases the security<lb/> | |||
is one and the same: it is Government security in both.<lb/> | |||
Difference <del>between</del><add>therefore</add> in point of security and credit<lb/> | |||
is not the <del>differ</del> cause of the difference in point of<lb/> | |||
<del><gap/></del> current price between Government paper and<lb/> | |||
Bank.</p> | |||
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{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}} | ||
Exchequer Notes 7 Cause
them a man makes at the rate of from 5 1/4 to 5 1/2
percent by the year:difference from 1 1/4 to 1 1/2 per Cent. But in these two cases the security
is one and the same: it is Government security in both.
Difference betweentherefore in point of security and credit
is not the differ cause of the difference in point of
current price between Government paper and
Bank.
