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<p>If the situation which enabled a man to keep<lb/> the annuity in question till he would find another<lb/> person able and willing <add>in a situation</add> to take it off his hands even <lb/>in any degree a peculiar one, the assurance of<lb/> being able to pass the note for the value of it as <lb/> soon as invested might be | <p>If the situation which enabled a man to keep<lb/> the annuity in question till he would find another<lb/> person able and willing <add>in a situation</add> to take it off his hands even <lb/>in any degree a peculiar one, the assurance of<lb/> being able to pass the note for the value of it as <lb/> soon as invested might be imperfect, and the note<lb/> not capable <add>qualified</add> to gain a footing in the circulation <lb/>but under a discount proportioned to the <add>degree of</add> uncertainty <lb/>supposed <add>degree of</add> uncertainty: <del>bit</del> but the truth is, that<lb/> without any exception that for the purpose in <lb/>hand and be taken into the account, <add>the situation in question</add> it is common<lb/> to him with all the world. If but one <lb/>out of ten <add>or</add> twenty of <del>thirty three in the</del> <lb/>a <sic>mans</sic> neighbours there be but a single one whose <lb/>situation it suits to take the note off his hands. <lb/>it is sufficient for the purpose of currency, as <lb/>universal experience — testifies: out of ten <add>persons of all sorts</add> that a man<lb/> meets, <unclear>there</unclear> will not be one perhaps who will <lb/>be at the same time able and willing to give him<lb/> change for a guinea: out of twenty there will not <lb/>be one who is at <add>both</add> once able and willing to give<lb/> him change for a £10 Bank Note. Yet this does <lb/>not hinder a guinea from circulating for its <lb/>value in silver: nor even a £10 Bank Note<lb/> from circulating <add>passing</add> for the whole £10, without a discount;<lb/> <hi rend="superscript">[+]</hi> <note><hi rend="superscript">[+]</hi> though it yields no interest</note> — what if, like a proposed Annuity Note, it <lb/>yielded an interest besides? <lb/> | ||
<add>The</add> | <add>The</add> | ||
</p> | </p> | ||
3
If the situation which enabled a man to keep
the annuity in question till he would find another
person able and willing in a situation to take it off his hands even
in any degree a peculiar one, the assurance of
being able to pass the note for the value of it as
soon as invested might be imperfect, and the note
not capable qualified to gain a footing in the circulation
but under a discount proportioned to the degree of uncertainty
supposed degree of uncertainty: bit but the truth is, that
without any exception that for the purpose in
hand and be taken into the account, the situation in question it is common
to him with all the world. If but one
out of ten or twenty of thirty three in the
a mans neighbours there be but a single one whose
situation it suits to take the note off his hands.
it is sufficient for the purpose of currency, as
universal experience — testifies: out of ten persons of all sorts that a man
meets, there will not be one perhaps who will
be at the same time able and willing to give him
change for a guinea: out of twenty there will not
be one who is at both once able and willing to give
him change for a £10 Bank Note. Yet this does
not hinder a guinea from circulating for its
value in silver: nor even a £10 Bank Note
from circulating passing for the whole £10, without a discount;
[+] [+] though it yields no interest — what if, like a proposed Annuity Note, it
yielded an interest besides?
The
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Identifier: | JB/002/527/001"JB/" can not be assigned to a declared number type with value 2. |
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002 |
Annuity Notes |
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527 |
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001 |
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Text sheet |
1 |
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Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property. |
E3 |
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Jeremy Bentham |
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1266 |
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