JB/002/161/001: Difference between revisions

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<head>Note</head>
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<p>[ ] This branch of profit will be <del>once</del> have for its<lb/> accompaniment, and that as we shall see <add>have seen already <hi rend='superscript'>+</hi></add> <note><hi rend='superscript'>+</hi> the former</note> an inseparable<lb/> one, the effect and that an advantageous one, <lb/>of taking out of the market a quantity <add>mass</add> of Stock <lb/>equal to the mass of Annuity paper issued, although <lb/>the burthen on Government in respect  
<p>[ ] This branch of profit will be <del>once</del> have for its<lb/> accompaniment, and that as we shall see <add>have seen already <hi rend='superscript'>+</hi></add> <note><hi rend='superscript'>+</hi> the former</note> an inseparable<lb/> one, the effect and that an advantageous one, <lb/>of taking out of the market a quantity <add>mass</add> of Stock <lb/>equal to the mass of Annuity paper issued, although <lb/>the burthen on Government in respect of the <add>mass of </add> Annuity<lb/> to be paid remains the same.  But though the <lb/>effect is produced immediately and at all events,<lb/> the profit resulting from it depends upon two other <lb/> circumstances &#x2014; <gap/> the having money to raise by<lb/> the creation of Government Annuities, and the arrival <lb/>of the period <del>in which Government will have</del> <add>which will put into the hands of Government</add> <lb/> the power of bringing <del>the Stockhold</del> <add>all</add> Annuitants to<lb/> consent to a <del>defal</del> reduction in the amount of their<lb/> several annuities. These constitute two perfectly distinguishable <lb/>branches of profit, which will be considered<lb/> in their respective places. </p> 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 





Revision as of 00:49, 11 July 2013

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Note

[ ] This branch of profit will be once have for its
accompaniment, and that as we shall see have seen already + + the former an inseparable
one, the effect and that an advantageous one,
of taking out of the market a quantity mass of Stock
equal to the mass of Annuity paper issued, although
the burthen on Government in respect of the mass of Annuity
to be paid remains the same. But though the
effect is produced immediately and at all events,
the profit resulting from it depends upon two other
circumstances — the having money to raise by
the creation of Government Annuities, and the arrival
of the period in which Government will have which will put into the hands of Government
the power of bringing the Stockhold all Annuitants to
consent to a defal reduction in the amount of their
several annuities. These constitute two perfectly distinguishable
branches of profit, which will be considered
in their respective places.


Metadata:JB/002/161/001

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