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<head> | <head><del>6</del>7</head> | ||
</ | <note>Annuity Notes</note> | ||
<note>Ch. 8 Advantage<lb/> | |||
Financial</note> | |||
<note>Period I<lb/> | |||
4: Notes List</note> | |||
<p>4. Profit by Notes lost under circumstances which<lb/> either do not <sic>admitt</sic> of, or do not call for, compensation.</p> | <p>4. Profit by Notes lost under circumstances which<lb/> either do not <sic>admitt</sic> of, or do not call for, compensation.</p> | ||
<p>As this source of profit will go on increasing <lb/>as the quantity of Annuity Note paper increases,<lb/> and will consequently be inconsiderable in this first<lb/> period, even at the close of it in comparison of <lb/>what it will be at the close of the 2<hi rend="superscript">d</hi> period, <add>at</add> which <lb/>time the <del>cot</del> conversion of the whole mass of stock<lb/> Annuities into Annuities secured by Annuity Note<lb/> paper will have been <unclear>completed</unclear>, it is to the second <lb/>period that what there may be to say in regard to<lb/> this source of profit may with most propriety, be <lb/>referred.</p> | <p>As this source of profit will go on increasing<note><del>19</del> 22<lb/>This branch of<lb/>profit is referred<lb/>to period <unclear>II</unclear>, in<lb/>which it <unclear>accrues</unclear><lb/> its <hi rend="underline">maximum</hi></note><lb/>as the quantity of Annuity Note paper increases,<lb/> and will consequently be inconsiderable in this first<lb/> period, even at the close of it in comparison of <lb/>what it will be at the close of the 2<hi rend="superscript">d</hi> period, <add>at</add> which <lb/>time the <del>cot</del> conversion of the whole mass of stock<lb/> Annuities into Annuities secured by Annuity Note<lb/> paper will have been <unclear>completed</unclear>, it is to the second <lb/>period that what there may be to say in regard to<lb/> this source of profit may with most propriety, be <lb/>referred.</p> | ||
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67
Annuity Notes
Ch. 8 Advantage
Financial
Period I
4: Notes List
4. Profit by Notes lost under circumstances which
either do not admitt of, or do not call for, compensation.
As this source of profit will go on increasing19 22
This branch of
profit is referred
to period II, in
which it accrues
its maximum
as the quantity of Annuity Note paper increases,
and will consequently be inconsiderable in this first
period, even at the close of it in comparison of
what it will be at the close of the 2d period, at which
time the cot conversion of the whole mass of stock
Annuities into Annuities secured by Annuity Note
paper will have been completed, it is to the second
period that what there may be to say in regard to
this source of profit may with most propriety, be
referred.
