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16 Aug. 1800 A +deleted text
Ch. IV. Grounds of the expectations, in regard to
The of the proposed currencymeasure. -
There<unclear>are<unclear> expectations What is expected of the proposed currency is
1. That it will be taken out in the way of issue, -
2. — - at the fixed price put upon it —
3 be received in circulation
4 ȁ at that same price —
5 — with the addition of the interest —
6 — and without undergoing any subsequent depretiation —
7 — and will thus continue to circulate among individuals
of all degrees. —
That it will be taken out in the way of spece,
will the </add> of Bankers'
paper when the interest on which runs from 2 to 3 per cent<add>a nominal for in
should and 2 1/2 per cent nominally for but , but really
not to much, by norm of divers conditions which
reduce the value of it: the lending lender
in these instances the engagement is not
purposeful, written good.
That the interest due will be allowed for in circulation,
is proved by the put out of doubt by the
exampel usage in the case of Exchequer Bills Navy
Bills and India Bonds notwithstanding though
none of these. existing papers are provided with
the former which lowers the do away of
computation altogether, however much the sum, and however
the him.
Identifier: | JB/002/084/001"JB/" can not be assigned to a declared number type with value 2. |
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annuity notes |
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ch. iv grounds of expectation, in regard to the proposed measure |
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jeremy bentham |
1798 a<…> |
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frances wright |
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