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<head>25 July 1807 | |||
Annuity Risks | |||
Observations continued</head> | |||
"Paper money never can answer as a sub-<lb/>"-stitute for copper money till copper is as valu<lb/>-able as gold. I Counter-Observation<gap/>" | |||
This is his way of asserting, or rather of<lb/><gap/> than asserting - in a stile<lb/>of greater confidence than can be impressed<lb/>by simpler assertors - that <gap/> no paper<lb/>money has ever been employed as a sub-<lb/>-stitute for silver money,. <gap/> So much for assertion: but<lb/> how stands <hi rend="underline">fact</hi>? Is possibility <add>sufficiently</add> proved by <hi rend="underline">fact</hi>?<lb/>Did he never <add>hear</add> of such a <add>person</add><del>man</del> as <unclear><hi rend="underline">Adam</hi></unclear><lb/><hi rend="underline">Smith</hi>? Did he never hear of <hi rend="underline">Yorkshire</hi><lb/>paper finances? not to speak of the paper <add>shillings</add><del>silver dollar</del> and so many other paper monies<lb/>spoken of by that Adam Smith? Did he<lb/>never <add>hear</add> of such a place <add>as</add> <del>of</del> <hi rend="underline">America</hi> with<lb/> <add>its</add><gap/> colonies and thus currencies? Did he<lb/>never hear of such a place as <hi rend="underline">France</hi> with<lb/>its <gap/> of all values from <add>hundreds or</add> thousands of<lb/>livres down to <add>+</add> the fraction of a farthing?<lb/>Did he never hear of such a place as Scot-<lb/>-land with its 5 notes; or of such things<lb/>as Acts of Parliament, sometimes forbidding those<lb/>notes and sometimes legalizing them? - What is it | |||
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25 July 1807 Annuity Risks Observations continued
"Paper money never can answer as a sub-
"-stitute for copper money till copper is as valu
-able as gold. I Counter-Observation"
This is his way of asserting, or rather of
than asserting - in a stile
of greater confidence than can be impressed
by simpler assertors - that no paper
money has ever been employed as a sub-
-stitute for silver money,. So much for assertion: but
how stands fact? Is possibility sufficiently proved by fact?
Did he never hear of such a personman as Adam
Smith? Did he never hear of Yorkshire
paper finances? not to speak of the paper shillingssilver dollar and so many other paper monies
spoken of by that Adam Smith? Did he
never hear of such a place as of America with
its colonies and thus currencies? Did he
never hear of such a place as France with
its of all values from hundreds or thousands of
livres down to + the fraction of a farthing?
Did he never hear of such a place as Scot-
-land with its 5 notes; or of such things
as Acts of Parliament, sometimes forbidding those
notes and sometimes legalizing them? - What is it
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Identifier: | JB/003/454/001"JB/" can not be assigned to a declared number type with value 3. |
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1801-07-25 |
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003 |
annuity notes |
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454 |
annuity notes |
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001 |
observations continued / counter-observations |
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text sheet |
1 |
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recto |
d1 / f91 |
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jeremy bentham |
cw 1799 |
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c. abbit lees |
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1799 |
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1864 |
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