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so much <hi rend='underline'>profit</hi>: compared with <del>a</del> <add>the</add> preceding higher | so much <hi rend='underline'>profit</hi>: compared with <del>a</del> <add>the</add> preceding higher | ||
<lb/> | <lb/> | ||
rate of | rate of interest, the <add>reduced</add> rate afforded by the Annuity | ||
<lb/> | <lb/> | ||
note paper, to those who, <unclear><del>tutor</del></unclear> if they <unclear>tutor</unclear> it, | note paper, to those who, <unclear><del>tutor</del></unclear> if they <unclear>tutor</unclear> it, | ||
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will, <del>have to depend upon</del> to the extent of their | will, <del>have to depend upon</del> to the extent of their | ||
<lb/> | <lb/> | ||
respective capitals so invested, have nothing else | |||
<lb/> | <lb/> | ||
to depend upon for their respective incomes, will, <gap/ | to depend upon for their <add>respective</add> incomes, will, <del><gap/></del> <add>by</add> the | ||
<lb/> | <lb/> | ||
amount of the difference, <unclear>foremost</unclear> itself as so | amount of the difference, <unclear>foremost</unclear> itself as so | ||
<lb/> | <lb/> | ||
much less.</p> | much less.</p> | ||
<head>Under</head> | <head>Under</head> | ||
<!-- the remainder of this page has been written and subsequently crossed out diagonally and vertically. Please add edits as appropriate to show this. Currently it has been transcribe as though we are reading a folio passage with normal text and deletions where indicated. I initally transcribed it as normal text, adding the deletions where indicated, and subsequently added highlighted the whole text to add delete tabs, but this seemed to eradicate delete tabs for large portions of text, with some sentences appearing as not having been deleted at all. Effectively, the whole bottom half of this folio appears only to have been deleted once by Bentham, and it does not show the original text (with inclusions and omissions), just he whole text as having been deleted (in one fowl swoop so to speak). Please amend as you see fit. I have put delete tabs at the beginning and end of almost every line or two after the <lb> tags (though in some cases I had to delete intervening delete tags, because they interferred with the overall appearance of the page, and text did not seem to be deleted at all). In the middle of the bottom paragraph it has been difficult to deduce which of the lines of text were written first (and which are added in, so please bear this in mind when reading). I don't understand this topic to know the intended order of lines within this text. Hopefully you or Auto-icon may be able to make sense of it. --> | <!-- the remainder of this page has been written and subsequently crossed out diagonally and vertically. Please add edits as appropriate to show this. Currently it has been transcribe as though we are reading a folio passage with normal text and deletions where indicated. I initally transcribed it as normal text, adding the deletions where indicated, and subsequently added highlighted the whole text to add delete tabs, but this seemed to eradicate delete tabs for large portions of text, with some sentences appearing as not having been deleted at all. Effectively, the whole bottom half of this folio appears only to have been deleted once by Bentham, and it does not show the original text (with inclusions and omissions), just he whole text as having been deleted (in one fowl swoop so to speak). Please amend as you see fit. I have put delete tabs at the beginning and end of almost every line or two after the <lb> tags (though in some cases I had to delete intervening delete tags, because they interferred with the overall appearance of the page, and text did not seem to be deleted at all). In the middle of the bottom paragraph it has been difficult to deduce which of the lines of text were written first (and which are added in, so please bear this in mind when reading). I don't understand this topic to know the intended order of lines within this text. Hopefully you or Auto-icon may be able to make sense of it. --> | ||
<p><del>Under these circumstances it seems equally | |||
<p><del>Under these circumstances it seems equally | |||
<lb/> | <lb/> | ||
difficult to assign any certain limit to the reduction, | |||
<lb/> | <lb/> | ||
or to say there shall be none.</del></p> | |||
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<p><del>Under these circumstances although we set</del> | <p><del>Under these circumstances although we set</del> | ||
116
. The interest affor the amount over
so small the interest afforded compared with cash, by the Annuity
note paper to those who tutor think it, or keep it, with a view
to circulation, will, when compared with cash be it ever so small be
so much profit: compared with a the preceding higher
rate of interest, the reduced rate afforded by the Annuity
note paper, to those who, tutor if they tutor it,
will, have to depend upon to the extent of their
respective capitals so invested, have nothing else
to depend upon for their respective incomes, will, by the
amount of the difference, foremost itself as so
much less.
Under
Under these circumstances it seems equally
difficult to assign any certain limit to the reduction,
or to say there shall be none.
Under these circumstances although we set
out with the supposition that the applications for
this paper at the reduced rate would slip somewhere
would stop at the risk upon for
illustration, it seems difficult to abide by
it, which the inducement to into the open ,however
low the rate thus with little or no abatement,
on the first of so humerous a cluster of instances, how low soever
& less however together with
for the rate of interest to be obtained by it. There is however but this This however, together with
the first supposed case of the paper of both issues of two
issues viz: the closed issue and an open one remaining
at at the time that the last mass
of redemption comes and absorbts them both
together from the only alternative which the last
of the national debt admits admitts if , the
supposition of its experiencing a final complicit redemption
before the of a first war a come on and renovate the load.
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Identifier: | JB/002/214/001"JB/" can not be assigned to a declared number type with value 2. |
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7 continued |
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002 |
annuity notes |
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214 |
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001 |
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text sheet |
1 |
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recto |
e8 / f116 |
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jeremy bentham |
tw 1794 |
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francis hall |
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1794 |
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953 |
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