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what a length the augmentation of the quantity<lb/> | what a length the augmentation of the quantity<lb/> | ||
of this paper - a paper altogether seems (as will<lb/> | of this paper - a paper altogether seems (as will<lb/> | ||
be | be <unclear>run</unclear>) against those accidents which hang over<lb/> | ||
every | every <unclear>other</unclear> <unclear>opines</unclear> of paper currency without exception<lb/> | ||
- may be capable of being carried <add>pushed</add>: <add>+</add> not<lb/> | |||
<note>+ The half of the original not having thus taken root as it were, and aquired an importance of its own, so might the half of that half, and so on almost without end.</note><lb/> | <note>+ The half of the original not having thus taken root as it were, and aquired an importance of its own, so might the half of that half, and so on almost without end.</note><lb/> | ||
only | only those guinea notes but 1 1/2 Guinea notes<lb/> | ||
not only 1 1/2 Guinea notes but even <del><gap/></del> fifteen<lb/> | not only 1 1/2 Guinea notes but even <del><gap/></del> fifteen<lb/> | ||
and ninepenny <add>Annuity</add> Notes might come in <unclear>time</unclear> to find<lb/> | and ninepenny <add>Annuity</add> Notes might come in <unclear>time</unclear> to find<lb/> | ||
their way into the circulation. Moderate as is the<lb/> | their way into the circulation. Moderate as is the<lb/> | ||
rate or <unclear> | rate or <unclear>relative</unclear> magnitude of the interest or <unclear>provition</unclear><lb/> | ||
in all these cases insomuch as it is<add>not quite 6<hi rend='superscript'>D</hi> a year)</add> where<lb/> | in all these cases insomuch as it is<add>(not quite 6<hi rend='superscript'>D</hi> a year)</add> where<lb/> | ||
absolutely considered in the last mentioned case, yet<lb/> | absolutely considered in the last mentioned case, yet<lb/> | ||
be the produced, which has absolutely or comparatively<lb/> | be the produced, which has absolutely or comparatively<lb/> | ||
considered. was so small, a | considered. was so small, a productive properly<lb/> | ||
thus production is so palpably preferable to a<lb/> | thus production is so palpably preferable to a<lb/> | ||
<unclear>property</unclear> of the same denomination <del>when</del><add>altogether barren and</add> unproductive, that the <unclear>result</unclear> would by two <unclear>unions</unclear><lb/> | <unclear>property</unclear> of the same denomination <del>when</del><add>altogether barren and</add> unproductive, <lb/> | ||
that the <unclear>result</unclear> would by two <unclear>unions</unclear><lb/> | |||
be an extraordinary one if the gold coin in <lb/> | be an extraordinary one if the gold coin in <lb/> | ||
its highest denomination (guineas) to go no<lb/> | its highest denomination (guineas) to go no<lb/> | ||
lower should <add>even</add> in a very considerable degree come<lb/> | lower should <add>even</add> in a very considerable degree come<lb/> | ||
to be replaced<add>supplanted</add> by the proposed new Paper. Coin<lb/> | to be replaced<add>supplanted</add> by the proposed new Paper. Coin<lb/> | ||
the 20<hi rend='superscript'>s</hi> <unclear> | the 20<hi rend='superscript'>s</hi> <unclear>Banker's</unclear> notes, notes promising<add>undertaking for</add> nothing<lb/> | ||
but principal without interest have been found<lb/> | but principal without interest have been found<lb/> | ||
to produce this effect to a considerable degree, though<lb/> | to produce this effect to a considerable degree, though<lb/> | ||
without any thing to recommend them than the resolving<lb/> | without any thing to recommend them than the <unclear>resolving</unclear><lb/> | ||
the danger of insolvency on the part of the<lb/> | the danger of insolvency on the part of the<lb/> | ||
promiser to the <del>dan</del> supposed greater danger of badness<lb/> | promiser to the <del>dan</del> supposed greater danger of badness<lb/> | ||
By adheringpreserving in this way the sub-duplicate
ratio ofin the decreases it seems difficult to say to
what a length the augmentation of the quantity
of this paper - a paper altogether seems (as will
be run) against those accidents which hang over
every other opines of paper currency without exception
- may be capable of being carried pushed: + not
+ The half of the original not having thus taken root as it were, and aquired an importance of its own, so might the half of that half, and so on almost without end.
only those guinea notes but 1 1/2 Guinea notes
not only 1 1/2 Guinea notes but even fifteen
and ninepenny Annuity Notes might come in time to find
their way into the circulation. Moderate as is the
rate or relative magnitude of the interest or provition
in all these cases insomuch as it is(not quite 6D a year) where
absolutely considered in the last mentioned case, yet
be the produced, which has absolutely or comparatively
considered. was so small, a productive properly
thus production is so palpably preferable to a
property of the same denomination whenaltogether barren and unproductive,
that the result would by two unions
be an extraordinary one if the gold coin in
its highest denomination (guineas) to go no
lower should even in a very considerable degree come
to be replacedsupplanted by the proposed new Paper. Coin
the 20s Banker's notes, notes promisingundertaking for nothing
but principal without interest have been found
to produce this effect to a considerable degree, though
without any thing to recommend them than the resolving
the danger of insolvency on the part of the
promiser to the dan supposed greater danger of badness
on the part of the material in the case of hard cash. Thus
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