JB/002/220/001

File:JB 002 220 001.jpg

extinguishes 1.9:6d a year interest: whereas
if paid in the sum of interest it extinguishes
so much interest, but nothing more

The undemanded interest (it might be thought) might
in this way come 1. accumulate to such a mass,
as might be productive of inconvenience, if, by
a sudden turn of affairs, it were to become the
interest a matter of advantage to the whole
body of accountants to claim payment of it
at once. But, no such inconvenience could
swell to an amount worth regarding. on a second glance, the inconvenience
would vanish be seen to vanish altogether. Supposing
as before the amount of the paper 20 millions; note of interest
being at 1.9s:6d: the whole amount of a
years interest would thus be short of 300,000.
As it would be Being simple interest, not compound,
the whole amount of it in 20 years would be
short of 6 million, supposing the whole of it
to remain undemanded and the principal undiminished
at that time. No spece ( seen:) could carry
more than its own interest: (it has been seen+)can carry + because,
as the open spece fills, the paper of the close spece is paid
off, interest and principal together. Respite
is indeed proposed: but the term of respite need
not be so long, as to government from
providing such a course of redemption, as
should at the same time word of the and inconvenience
that might ensue on too sudden defalcation from diminution of this
first of the , and at the same time prevent
the amount of the amount of the interest from swelling to such
any formidable mass amounting such amount as to
become formidable. At the worst 6,000,000 is such a
period, + +period, interest so low & money so abundant, 6,000,000 would be but a trifle to raise by an immediate and temporary loan, as now by Exchequer Bills End of the chapter

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Identifier: | JB/002/220/001"JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering	13
Box	002	Main Headings	Annuity Notes
Folio number	220	Info in main headings field
Image	001	Titles
Category	Text sheet	Number of Pages	1
Recto/Verso	Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.	Page Numbering	E11 / F122
Penner	Jeremy Bentham	Watermarks
Marginals	Jeremy Bentham	Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	959
Box Contents