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note, still it would<add>might</add> be worth <del>as</del><add>so</add> many peoples money<lb/> | note, still it would<add>might</add> be worth <del>as</del><add>so</add> many peoples money<lb/> | ||
as to bear the same price or nearly the same<lb/> | as to bear the same price or nearly the same<lb/> | ||
Bankers for example. It certainly is the money of<lb/> | |||
Bankers to a degree yet still not to the same degree<lb/> | |||
Bankers to a degree yet | |||
as <del>whe</del> Bank note: it is their money upon<lb/> | as <del>whe</del> Bank note: it is their money upon<lb/> | ||
a footing more <add>nearly</add> approaching to that in which so much<lb/> | a footing more <add>nearly</add> approaching to that in which so much<lb/> | ||
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note is their money. <add>A Banker</add> They may lay out their money<lb/> | note is their money. <add>A Banker</add> They may lay out their money<lb/> | ||
in this way for the purpose of making it produce<lb/> | in this way for the purpose of making it produce<lb/> | ||
an interest: that is<add>and thence | an interest: that is<add>and thence he</add> they may lay out in this way<lb/> | ||
such part of their <add>his</add> receipts as they allow<add>he allows</add> themselves<lb/> | such part of their <add>his</add> receipts as they allow<add>he allows</add> themselves<lb/> | ||
to lay out for their<add>his</add> own benefit. But they<add>he</add> can<lb/> | to lay out for their<add>his</add> own benefit. But they<add>he</add> can<lb/> | ||
not will lay out in this way <add>as he may in Bank notes</add> any part or at<lb/> | not will lay out in this way <add>as he may in Bank notes</add> any part or at<lb/> | ||
had any considerable part of the<add>money</add> property which <del>they</del><add>he</add><lb/> | had any considerable part of the<add>money</add> property which <del>they</del><add>he</add><lb/> | ||
deems it necessary to keep by in readiness to | deems it necessary to keep by in readiness to<lb/> | ||
answer draughts: <del>for</del> because as has already been<lb/> | answer draughts: <del>for</del> because as has already been<lb/> | ||
<sic>shewn</sic><add>observed</add> he can not be | <sic>shewn</sic><add>observed</add> he can not be equally sure <del>of a customers</del><lb/> | ||
<del>taking</del> such<add>the</add> Exchequer note's being taken by<add>accepted of</add> a person<lb/> | <del>taking</del> such<add>the</add> Exchequer note's being taken by<add>accepted of</add> a person<lb/> | ||
who comes with a draught as he can of the Bank <note><!-- Marginal note in pencil -->12<lb/> | who comes with a draught as he can of the Bank <note><!-- Marginal note in pencil -->12<lb/> | ||
As it | As it cannot perfectly<lb/> | ||
answer | answer their<lb/> | ||
purpose</note><lb/> | |||
note's being | note's being so accepted of. He can keep it therefore upon<lb/> | ||
no other footing than that of a title<add>title deed in evidence</add> to a principal sum<add>bearing</add></p> <pb/> | no other footing than that of a title<add>title deed in evidence</add> to a principal sum<add>bearing</add></p> <pb/> | ||
It might be thought that though the £100 an Exchequer Bill
is for the reasons above mentioned pointed out not every body's money
not the money of so many people as the £100 Bank
note, still it wouldmight be worth asso many peoples money
as to bear the same price or nearly the same
Bankers for example. It certainly is the money of
Bankers to a degree yet still not to the same degree
as whe Bank note: it is their money upon
a footing more nearly approaching to that in which so much
stock is their money than that on which the Bank
note is their money. A Banker They may lay out their money
in this way for the purpose of making it produce
an interest: that isand thence he they may lay out in this way
such part of their his receipts as they allowhe allows themselves
to lay out for theirhis own benefit. But theyhe can
not will lay out in this way as he may in Bank notes any part or at
had any considerable part of themoney property which theyhe
deems it necessary to keep by in readiness to
answer draughts: for because as has already been
shewnobserved he can not be equally sure of a customers
taking suchthe Exchequer note's being taken byaccepted of a person
who comes with a draught as he can of the Bank 12
As it cannot perfectly
answer their
purpose
note's being so accepted of. He can keep it therefore upon
no other footing than that of a titletitle deed in evidence to a principal sumbearing
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