★ Find a new page to transcribe in our list of Untranscribed Manuscripts
| m Protected "JB/002/185/001" ([edit=sysop] (indefinite) [move=sysop] (indefinite)) | No edit summary | ||
| Line 10: | Line 10: | ||
| - - | - - | ||
| <!-- DO NOT EDIT BELOW THIS LINE --> | <!-- DO NOT EDIT BELOW THIS LINE --> | ||
| {{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}}{{Completed}} | ||
- -
2. Profit by interest undemanded will be continue 
 and with increase. For The profit above mentioned as produced by 
 the Notes in circulating 
hands will increase as this quantity of paper  out with a view to circulation: 
 with increase: this branch of profit may be termed the   standing
 or regular branch.  To this will now be added the profit produced 
 by the Notes in <hi rend='underline'>hoarding hands: viz: the expected 
 Stockholders, who take this paper with a view to permanent income 
 as they held their Stock. This branch may be termed 
 the casual branch : it will arise out of such 
 casual forbearances only as take place at present 
 in the case of dividends in Stock.
 
The probable rate of it might be estimated from the 
 course of the payments on this score made at present at the Bank
  The quantity of Government Annuities, Stock and Note Annuities
 taken together, will, it is true, be growing
scarcer and scarcer less and less every day: while the quantity of money
capable of being employ'd in the purchase of
 them will be growing greater and greater: so that the security will be growing at both ends But
inasmuch as, while, the issue continues being open all
the while, every body will be at liberty to supply
himself with whatever quantity of this paper he
chooses, whether for the purpose of hoarding, or
with a view to circulation, the diminution
will fall exclusively upon the Stock Annuities
nor will may the quantity in circulation will not
 be absorbed in any part degree by the demand for the
purpose of hoarding, and the only effect of the
 increasing scarcity, even when the issue is at the scar diminution in the quantity of Government
Annuities under an increase in the demand
point of closing,  will be to make the demand and the will be to make the issue of that part which can be
 had in any quantity (viz: the Note Annuities,)   
the more rapidconsequent emission the more rapid, to the last.
- -
| Identifier: | JB/002/185/001"JB/" can not be assigned to a declared number type with value 2. | |||
|---|---|---|---|
| 1800-10-07 | |||
| 002 | Annuity Notes | ||
| 185 | |||
| 001 | |||
| Text sheet | 1 | ||
| Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property. | F87 | ||
| Jeremy Bentham | 1798 A<…> | ||
| Frances Wright | |||
| 1798 | |||
| 924 | |||