JB/002/273/001

File:JB 002 273 001.jpg

19 Oct. 1800 + 3 4th 181

Abstract
Ch. XIV Rise of Prices

circulation, it will nevertheless ber be scarce difficult, if not
impossible, to prescribe any determinate limit to that
the quantity portion of it, which, in this way, may
come to have introduced itself into the circulation,
on the footing of current money. For the open issue
will remain equally open to the customers for permanent
temporary income, with a view (who, when they have kept it as
long as they can afford, will throw it into the circulation) as to their customers for permanent
income; and it
seems impossible to
say in what proportions,
at any given time, the
quantity of Annuity Note
paper, remaining at
that time, will find
itself distributed between
the two classes.

On these considerations, it will be proper
matter of prudence, to be prepared for the several
possible cases and degrees, in which it may
come to make happen to it to constitute a clear addition to the mass
of money in circulation, to any such an amount
as to be in a sensible degree, productive of a sensible rise the apprehended
inconvenience. of a rise of prices
Of

3
Hence the propriety
of being prepared
with remedies for
the prevention of the
excess.
---page break---

1. In To put the possible case, of its
operating in tototo the whole amount of it as a usual addition to the
mass of money in circulation. constituting a clear addition, to the whole amount of it.— In such a case
a very few millions (it is apprehended) (three,
four or five for example) would suffice (it is
apprehended) to the produce in this way then
the apprehended inconvenience in but too sensible a degree.
the way in question a & but too perceptible are a similar effect. In this
case, by this supposition, it engulfs no diminution takes place, in the instance of any other species
of money in any degree& #x2014 — to any amount: — but leaves the
the whole quantity mass of other of money of every kind, paper
and cash together, or the same quantity as it which is found in the circulation
found it continues thus undiminished. This
case, as already observed, does not present itself
as a probable one.+
+See Ch. XV. Particulars &
interests &c
[+]itself into the circulation,
other paper will make
its retreat
in nearly the same
quantity,
and the papers of
the Country Bankers
in the first instance.
The more probable one seems
to be — that as this paper advances the amount of the paper advances un..... itself;
that amount of other paper, will make its retreat
and

Identifier: | JB/002/273/001"JB/" can not be assigned to a declared number type with value 2.
Date_1	1800-10-19	Marginal Summary Numbering	3
Box	002	Main Headings	annuity notes
Folio number	273	Info in main headings field
Image	001	Titles
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	d3 / f181
Penner	jeremy bentham	Watermarks	<…>m 1798
Marginals	jeremy bentham	Paper Producer	frances wright
Corrections		Paper Produced in Year	1798
Notes public		ID Number	1012
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