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<del>(Copy)</del><lb/>Lord <hi rend="underline">Auckland</hi>ti /Bentham<lb/>Eden Fram Jan<hi rend="superscript">y</hi> 10<hi rend="superscript">th</hi> 1800<lb/>"Sir<lb/><p>"I return your papers with sincere thanks.<lb/>The Perusal of them has been both amusing &&instructive<lb/>to me,& yet I did not want the aid of your acuteness<lb/>& abilities to enable me to see that the project in<lb/>question is a fallacy. The statement however both<lb/>in its original & corrected publication, carries<lb/>with it and air of such earnestness & right meaning,<lb/>that its author appears to me to have deceived<lb/>himself before he exerted his ingenuity to <lb/>deceive others -</p><p>"If the notes proposed to be issue<lb/>d are to<lb/>be payable on demand, I do not see how they<lb/>differ from any other circulating Paper,<lb/><sic>dependant</sic> partly on Confidence, & partly on a<lb/>lodged security - If they are not to be payable<lb/><lb/>on demand, it is evident that they<lb/><lb/>cannot obtain a circulation, & the project<lb/>of course will be abortive.</p>"I have reason to believe that there exists<lb/>no doubt in the Quarter to which you<del>r</del> appear to | |||
(Copy)
Lord Aucklandti /Bentham
Eden Fram Jany 10th 1800
"Sir
"I return your papers with sincere thanks.
The Perusal of them has been both amusing &&instructive
to me,& yet I did not want the aid of your acuteness
& abilities to enable me to see that the project in
question is a fallacy. The statement however both
in its original & corrected publication, carries
with it and air of such earnestness & right meaning,
that its author appears to me to have deceived
himself before he exerted his ingenuity to
deceive others -
"If the notes proposed to be issue
d are to
be payable on demand, I do not see how they
differ from any other circulating Paper,
dependant partly on Confidence, & partly on a
lodged security - If they are not to be payable
on demand, it is evident that they
cannot obtain a circulation, & the project
of course will be abortive.
"I have reason to believe that there exists
no doubt in the Quarter to which your appear to
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Identifier: | JB/009/021/005"JB/" can not be assigned to a declared number type with value 9. |
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1800-01-15 |
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009 |
annuity notes |
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021 |
(copy) |
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005 |
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correspondence |
1 |
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recto |
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h & t |
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letter 1491, vol. 6; also printed in stark, ii, 43 |
3436301 |
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