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<head>Ch. III. Grounds of Expectation with regard to the circulation etc of the <lb/>proposed paper. <lb/></head> | <head>Ch. III. Grounds of Expectation with regard to the circulation etc of the <lb/>proposed paper. <lb/></head> | ||
<p>To enable this Paper to answer the expectations that have been <lb/>been formed of it <del>six </del> <add | <p>To enable this Paper to answer the expectations that have been <lb/>been formed of it <del>six </del> <add>seven</add> distinguishable results must take place: —<lb/>1. It must meet with purchasers to take it out in the way of issue. —<lb/>2. And that at the price proposed to be put upon it.<lb/>3. It must be received in circulation —<lb/>4.— And at that price —<lb/>5.— And with an addition proportioned each day to the amount of Interest<lb/>due upon it.<lb/>6. It must be <sic>depretiation</sic> proof: — being current on the above footing<lb/>and without discount not only at its birth but through every stage<lb/>of its existence.<lb/>7. Its currency must be — not confined to this or that<lb/>description of persons but extending to all descriptions. —<lb/></p> | ||
<p>Of its pretensions to the above attributes some <sic>judgment</sic> may<lb/>already have been formed from the preceding<!-- there is a gap in the text here --> they will now<lb/>be subjected to a closer scrutiny. — </p> | <p>Of its pretensions to the above attributes some <sic>judgment</sic> may<lb/>already have been formed from the preceding<!-- there is a gap in the text here --> they will now<lb/>be subjected to a closer scrutiny. — </p> | ||
<p><note><!-- These marginal notes are written in pencil and most of the text is illegible and struck through--> | <p><note><!-- These marginal notes are written in pencil and most of the text is illegible and struck through--> | ||
Annuity Notes <unclear>Ch</unclear><gap/><del><gap/></del><gap/><del><gap/></del><gap/>and <gap/><gap/><gap/><gap/><gap/></note></p> | Annuity Notes <unclear>Ch</unclear><gap/><del><gap/></del><gap/><del><gap/></del><gap/>and <gap/><gap/><gap/><gap/><gap/></note></p> | ||
Ch. III. Grounds of Expectation with regard to the circulation etc of the
proposed paper.
To enable this Paper to answer the expectations that have been
been formed of it six seven distinguishable results must take place: —
1. It must meet with purchasers to take it out in the way of issue. —
2. And that at the price proposed to be put upon it.
3. It must be received in circulation —
4.— And at that price —
5.— And with an addition proportioned each day to the amount of Interest
due upon it.
6. It must be depretiation proof: — being current on the above footing
and without discount not only at its birth but through every stage
of its existence.
7. Its currency must be — not confined to this or that
description of persons but extending to all descriptions. —
Of its pretensions to the above attributes some judgment may
already have been formed from the preceding they will now
be subjected to a closer scrutiny. —
Annuity Notes Chand
