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<head>19</head>
<head>19</head>
<p>By what particular circumstances <add>features</add> particular<lb/> classes of Government Securities as these enumerated<lb/> are <del>unfitted</del> rendered <add>comparatively</add> unsuitable <add>in each instance</add> to the <del>circum</del> <lb/>convenience <add>  circumstances <add><gap/></add></add> of <del>the</del> individuals in general, <add>at large</add> considered<lb/> as possessors of temporary <unclear>terms</unclear> is matter<lb/> of investigation and discussion, <add>when considered in detail</add> and may be regarded<lb/> as <unclear>were</unclear> is less open to dispute. But that this <add>such</add><lb/> is the case in point of fact is proved beyond<lb/> dispute by a universally extensive and universally<lb/> notorious matter of fact, <del>is</del> viz: the quantity<lb/> of money reposed in the hands of Bankers<lb/> all over the country at an interest, and for <lb/> the sake of an interest, and at the same time<lb/> at rates far inferior to the rates yielded by the <lb/> Government Securities: <del>above</del> in some instances<lb/> at 2-1/2 per and in others, at a nominal <lb/>3 per cent &#x2014; in no instance at a rate inferior <lb/>to that rate, and that but a nominal <add>2-1/2 or 3</add> per<lb/> cent, the real amount of it being reduced by<lb/> conditions <add>and <sic>defeasances</sic></add> of one sort to or rate considerably <lb/>inferior to the nominal rate.</p>   
<p>By what particular circumstances <add>features</add> particular<lb/> classes of Government Securities as these enumerated<lb/> are <del>unfitted</del> rendered <add>comparatively</add> unsuitable <add>in each instance</add> to the <del>circum</del> <lb/>convenience <add>  circumstances <add><gap/></add></add> of <del>the</del> individuals in general, <add>at large</add> considered<lb/> as possessors of temporary terms is matter<lb/> of investigation and discussion, <add>when considered in detail</add> and may be regarded<lb/> as <unclear>were</unclear> is less open to dispute. But that this <add>such</add><lb/> is the case in point of fact is proved beyond<lb/> dispute by a universally extensive and universally<lb/> notorious matter of fact, <del>is</del> viz: the quantity<lb/> of money reposed in the hands of Bankers<lb/> all over the country at an interest, and for <lb/> the sake of an interest, and at the same time<lb/> at rates far inferior to the rates yielded by the <lb/> Government Securities: <del>above</del> in some instances<lb/> at 2-1/2 per and in others, at a nominal <lb/>3 per cent &#x2014; in no instance at a rate inferior <lb/>to that rate, and that but a nominal <add>2-1/2 or 3</add> per<lb/> cent, the real amount of it being reduced by<lb/> conditions <add>and <sic>defeasances</sic></add> of one sort to or rate considerably <lb/>inferior to the nominal rate.</p>   





Revision as of 12:14, 10 February 2012

File:JB 002 520 001.jpg

19

By what particular circumstances features particular
classes of Government Securities as these enumerated
are unfitted rendered comparatively unsuitable in each instance to the circum
convenience circumstances <add></add> of the individuals in general, at large considered
as possessors of temporary terms is matter
of investigation and discussion, when considered in detail and may be regarded
as were is less open to dispute. But that this such
is the case in point of fact is proved beyond
dispute by a universally extensive and universally
notorious matter of fact, is viz: the quantity
of money reposed in the hands of Bankers
all over the country at an interest, and for
the sake of an interest, and at the same time
at rates far inferior to the rates yielded by the
Government Securities: above in some instances
at 2-1/2 per and in others, at a nominal
3 per cent — in no instance at a rate inferior
to that rate, and that but a nominal 2-1/2 or 3 per
cent, the real amount of it being reduced by
conditions and defeasances of one sort to or rate considerably
inferior to the nominal rate.




Identifier: | JB/002/520/001"JB/" can not be assigned to a declared number type with value 2.

Date_1

Marginal Summary Numbering

16

Box

002

Main Headings

annuity notes

Folio number

520

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

f19

Penner

jeremy bentham

Watermarks

[[watermarks::i taylor [top of 1795]]]

Marginals

jeremy bentham

Paper Producer

evan nepean

Corrections

Paper Produced in Year

1795

Notes public

ID Number

1259

Box Contents

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