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<head>116</head> | <head>116</head> | ||
<p><del><gap/>. The interest affor B</del> <add>Compared with cash, <del><gap/></del></add> <del>the amount | <head>Annuity Notes</head><!-- written in pencil --> | ||
<p><del><gap/>. The interest affor B</del> <add>Compared with cash, <del><gap/></del></add> <del>the amount ever | |||
<lb/> | <lb/> | ||
so small</del> the interest afforded by the Annuity | so small</del> the interest afforded by the Annuity | ||
<lb/> | <lb/> | ||
Note paper to those who tutor <add><unclear>think</unclear></add> it, <add>or keep it,</add> with a view | |||
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to circulation, will, <del>when compared with cash</del> <add>be it ever so small</add> be | to circulation, will, <del>when compared with cash</del> <add>be it ever so small</add> be | ||
<lb/> | <lb/> | ||
so much <hi rend='underline'>profit</hi>: | so much <hi rend='underline'>profit</hi>: Compared with <del>a</del> <add>the</add> preceding higher | ||
<lb/> | <lb/> | ||
rate of interest, the <add>reduced</add> rate afforded by the Annuity | rate of interest, the <add>reduced</add> rate afforded by the Annuity | ||
<lb/> | <lb/> | ||
Note paper, to those who, <del>tutor</del> if they take it, | |||
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will, <del>have to depend upon</del> to the extent of their | will, <del>have to depend upon</del> to the extent of their | ||
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amount of the difference, foremost itself as so | amount of the difference, foremost itself as so | ||
<lb/> | <lb/> | ||
much less.</p> | much less. | ||
<lb/></p> | |||
<head>Under</head> | <head>Under</head><!-- right aligned --> | ||
<!-- the remainder of this page has been written and subsequently crossed out diagonally and vertically. Please add edits as appropriate to show this. Currently it has been transcribe as though we are reading a folio passage with normal text and deletions where indicated. I initally transcribed it as normal text, adding the deletions where indicated, and subsequently added highlighted the whole text to add delete tabs, but this seemed to eradicate delete tabs for large portions of text, with some sentences appearing as not having been deleted at all. Effectively, the whole bottom half of this folio appears only to have been deleted once by Bentham, and it does not show the original text (with inclusions and omissions), just | <!-- the remainder of this page has been written and subsequently crossed out diagonally and vertically. Please add edits as appropriate to show this. Currently it has been transcribe as though we are reading a folio passage with normal text and deletions where indicated. I initally transcribed it as normal text, adding the deletions where indicated, and subsequently added highlighted the whole text to add delete tabs, but this seemed to eradicate delete tabs for large portions of text, with some sentences appearing as not having been deleted at all. Effectively, the whole bottom half of this folio appears only to have been deleted once by Bentham, and it does not show the original text (with inclusions and omissions), just the whole text as having been deleted (in one fowl swoop so to speak). Please amend as you see fit. I have put delete tabs at the beginning and end of almost every line or two after the <lb> tags (though in some cases I had to delete intervening delete tags, because they interfered with the overall appearance of the page, and text did not seem to be deleted at all). In the middle of the bottom paragraph it has been difficult to deduce which of the lines of text were written first (and which are added in, so please bear this in mind when reading). I don't understand this topic to know the intended order of lines within this text. Hopefully you or Auto-icon may be able to make sense of it. --> | ||
<p><del>Under these circumstances it seems equally | <p><!-- indent first word --><del>Under these circumstances it seems equally | ||
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difficult to assign any certain limit to the reduction, | difficult to assign any certain limit to the reduction, | ||
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or to say there shall be none.</del></p> | or to say there shall be none.</del> | ||
<lb/></p> | |||
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<p><del>Under these circumstances although we set | <p><!-- indent first word --><del>Under these circumstances although we set | ||
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out with the supposition that the applications for | out with the supposition that the applications for | ||
<lb/> | <lb/> | ||
this paper at the reduced rate would stop somewhere | this paper at the reduced rate would stop somewhere, | ||
<lb/> | <lb/> | ||
would stop at the | would stop at the rate <unclear>pitched</unclear> upon for | ||
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<del>calm<del> illustration, it seems difficult to abide by | <del><unclear>calm</unclear><del> illustration, it seems difficult to abide by | ||
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it, which the inducement to <gap/> into the open issue, however | it, which the inducement to <gap/> into the open issue, however | ||
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low the rate continues thus with little or no abatement, <del>how</del> | low the rate continues thus with little or no abatement, <del>how</del> | ||
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<del> | <del>or</del> & <add>on the part of so humourous a class of <unclear>instruments</unclear>, how low soever</add> <del>less however and together with the <gap/></del> | ||
be the rate of interest to be obtained by it. <note>There is however but this < | <lb/> | ||
be the rate of interest to be obtained by it. [+] <note>[+]<del>There is however but this alternative</del><!-- I think it was intended that this whole note be deleted --></note> This however, together with | |||
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the first supposed case <del>of the paper of both issues</del> of two | |||
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issues viz: the closed issue and an open one remaining | issues viz: the closed issue and an open one remaining | ||
<lb/> | <lb/> | ||
at | at one at the time that the last mass | ||
<lb/> | <lb/> | ||
of redemption money comes and absorbs them both | of redemption money comes and absorbs them both | ||
< | together <sic>froms</sic> the only alternative which the last <add>expiring</add> | ||
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moment <add>state</add> of the National debt admits <add><sic>admitts</sic></add> if, upon the | |||
<lb/> | <lb/> | ||
supposition of its | supposition of its experiencing a final <add>complicit</add> redemption | ||
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before the <gap/> of a | before the <gap/> of a fresh war <add>,</add> come on and <del><gap/></del> <add>renovate</add> the load.</del> | ||
<lb/></p> | |||
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{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}} |
116 Annuity Notes
. The interest affor B Compared with cash, the amount ever
so small the interest afforded by the Annuity
Note paper to those who tutor think it, or keep it, with a view
to circulation, will, when compared with cash be it ever so small be
so much profit: Compared with a the preceding higher
rate of interest, the reduced rate afforded by the Annuity
Note paper, to those who, tutor if they take it,
will, have to depend upon to the extent of their
respective capitals so invested, have nothing else
to depend upon for their respective incomes, will, for by the
amount of the difference, foremost itself as so
much less.
Under
Under these circumstances it seems equally
difficult to assign any certain limit to the reduction,
or to say there shall be none.
Under these circumstances although we set
out with the supposition that the applications for
this paper at the reduced rate would stop somewhere,
would stop at the rate pitched upon for
calm
illustration, it seems difficult to abide by
it, which the inducement to into the open issue, however
low the rate continues thus with little or no abatement, how
or & on the part of so humourous a class of instruments, how low soever less however and together with the
be the rate of interest to be obtained by it. [+] [+]There is however but this alternative This however, together with
the first supposed case of the paper of both issues of two
issues viz: the closed issue and an open one remaining
at one at the time that the last mass
of redemption money comes and absorbs them both
together froms the only alternative which the last expiring
moment state of the National debt admits admitts if, upon the
supposition of its experiencing a final complicit redemption
before the of a fresh war , come on and renovate the load.
Identifier: | JB/002/214/001"JB/" can not be assigned to a declared number type with value 2. |
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7 continued |
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002 |
annuity notes |
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214 |
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001 |
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text sheet |
1 |
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recto |
e8 / f116 |
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jeremy bentham |
tw 1794 |
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francis hall |
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1794 |
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953 |
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