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<head>Art. 9.</head><lb/> | <head>Art. 9.</head><lb/> | ||
<unclear>such</unclear> papers at any given period <gap/> in the<lb/> character of currency, and is not kept in the<lb/> same hands <add>in the character of a permanent <unclear>sort</unclear> of<lb/></add> for the purpose of yielding permanent<lb/> income, <del>is but</del> does not go to satisfy the demand<lb/> for | <unclear>such</unclear> papers at any given period <gap/> in the<lb/> character of currency, and is not kept in the<lb/> same hands <add>in the character of a permanent <unclear>sort</unclear> of<lb/></add> for the purpose of yielding permanent<lb/> income, <del>is but</del> does not go to satisfy the demand<lb/> for Stock. But (as will be seen presently) whatever<lb/> portion of Annuity Note paper is sold at par<lb/> while stock is below <gap/> and therefore yielding<lb/> a <add>higher</add> greater rate of interest, is <del>sold</del> given in exchange<lb/> for <unclear>among</unclear> that would but otherwise have found<lb/> its way <del>to</del> into the Stock market, not being capable<lb/> of being invested in the purchase of <add>a</add> permanent<lb/> <add>source of income</add> <unclear>branches</unclear> |
Art. 9.
such papers at any given period in the
character of currency, and is not kept in the
same hands in the character of a permanent sort of
for the purpose of yielding permanent
income, is but does not go to satisfy the demand
for Stock. But (as will be seen presently) whatever
portion of Annuity Note paper is sold at par
while stock is below and therefore yielding
a higher greater rate of interest, is sold given in exchange
for among that would but otherwise have found
its way to into the Stock market, not being capable
of being invested in the purchase of a permanent
source of income branches