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Annuity Notes< | <p>Annuity Notes</p> | ||
subsidies and imports, would be puzzled if he were to attempt to give<lb/> | <p>subsidies and imports, would be puzzled if he were to attempt to give<lb/> | ||
change, <hi rend="underline">from</hi> <add>for</add> a £100 Bank Note, from a mass of annuity Notes/part<lb/> | change, <hi rend="underline">from</hi> <add>for</add> a £100 Bank Note, from a mass of annuity Notes/part<lb/> | ||
bearing nearly <hi rend="underline">3 per cent</hi> and part 2 3/8 <hi rend="underline">per cent</hi> interest p. 33) consisting<lb/> | bearing nearly <hi rend="underline">3 per cent</hi> and part 2 3/8 <hi rend="underline">per cent</hi> interest p. 33) consisting<lb/> | ||
of Standard Notes, Halves, and quarters with a few odd years,<lb/> | of Standard Notes, Halves, and quarters with a few odd years,<lb/> | ||
months, and days, interest due on each, even with the assistance<lb/> | |||
of small change; i:e: notes of 5/3 bearing an interest of 1/512 part of<lb/> | |||
a farthing <hi rend="underline">per diem</hi></p> | |||
<p>Paper money, never can answer as a substitute for copper<lb/> | |||
money, till copper is as valuable as gold.</p> | |||
<p>The wear and tear would ruin the paper money mint. A<lb/> | |||
months circulation, among market women, turnpike keepers, and publicans<lb/> | |||
would obliterate every clause of these portable contracts, every<lb/> | |||
receipt for interest every table of computation.</p> | |||
<p>Of 400,000,000 million of Annuity Notes<lb/> | |||
Supposing them all as good as Bankers Notes<lb/> | |||
how much would be wanted as a circulating medium?<lb/> | |||
would the remainder be any thing more than a mere security<lb/> | |||
for an Annuity?</p> | |||
<p>Its imperfections, in this office, I have already noticed.</p> | |||
<p>If hoarders should prefer Annuity Notes to Bankers paper<lb/> | |||
& Bankers bills, will not the 4 or 500 Bankers in G. Britain be injured<lb/> | |||
and intitled to compensation?</p> | |||
<p>If circulators should prefer Annuity Notes to B of England Paper<lb/> | |||
will not that public body be a sufferer?</p> | |||
<p>Till, however, the Stocks are near par, there seems little probability that</p> | |||
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{{Metadata:{{PAGENAME}}}}{{ | {{Metadata:{{PAGENAME}}}}{{Completed}} | ||
Annuity Notes
subsidies and imports, would be puzzled if he were to attempt to give
change, from for a £100 Bank Note, from a mass of annuity Notes/part
bearing nearly 3 per cent and part 2 3/8 per cent interest p. 33) consisting
of Standard Notes, Halves, and quarters with a few odd years,
months, and days, interest due on each, even with the assistance
of small change; i:e: notes of 5/3 bearing an interest of 1/512 part of
a farthing per diem
Paper money, never can answer as a substitute for copper
money, till copper is as valuable as gold.
The wear and tear would ruin the paper money mint. A
months circulation, among market women, turnpike keepers, and publicans
would obliterate every clause of these portable contracts, every
receipt for interest every table of computation.
Of 400,000,000 million of Annuity Notes
Supposing them all as good as Bankers Notes
how much would be wanted as a circulating medium?
would the remainder be any thing more than a mere security
for an Annuity?
Its imperfections, in this office, I have already noticed.
If hoarders should prefer Annuity Notes to Bankers paper
& Bankers bills, will not the 4 or 500 Bankers in G. Britain be injured
and intitled to compensation?
If circulators should prefer Annuity Notes to B of England Paper
will not that public body be a sufferer?
Till, however, the Stocks are near par, there seems little probability that
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Identifier: | JB/003/362/001"JB/" can not be assigned to a declared number type with value 3. |
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003 |
annuity notes |
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362 |
annuity notes |
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001 |
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correspondence |
1 |
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recto |
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cw 1799 |
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c. abbit lees |
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1799 |
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1772 |
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