JB/002/189/001: Difference between revisions

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<head>+ Note</head>
<head>Note to p. #90 </head>
 
<p>(a) The subject of Exchequer Bills with reference<lb/> to that distant period is attended with several little<lb/> obscurities, the clearing up of which would not pay<lb/> for time or space, with reference to the present purpose.<lb/> What is evident enough <add>and at the same time sufficient</add> is that a reduction of the rate of interest on permanent<lb/> Annuities must be attended with a correspondent<lb/> reduction in the rate of interest on those temporary<lb/> loans: and that the difference on which ever side<lb/> it be, can never be very considerable.<lb/>
<add>End of Note</add>
</p>




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Revision as of 20:23, 24 June 2013

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+ Note Note to p. #90

(a) The subject of Exchequer Bills with reference
to that distant period is attended with several little
obscurities, the clearing up of which would not pay
for time or space, with reference to the present purpose.
What is evident enough and at the same time sufficient is that a reduction of the rate of interest on permanent
Annuities must be attended with a correspondent
reduction in the rate of interest on those temporary
loans: and that the difference on which ever side
it be, can never be very considerable.
End of Note


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