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16
1 Annuity Notes
The means of obtaining payment , if demanded,
must of course be provided : and the provision made
must be such as shall be adequate to the greatest
possible number of demands that can come to be
made. But, what is very material , and worthy of
remark is — the probability that the eventual number of
demands will in comparison of the greatest possible
number of demands , that is if the whole number of notes issued
from the commencement of the institution down to
any given year be the number of demands will may
cause to be but few , it sums likely to suppose be comparatively inconsiderable.
Payment of principal and interest
together , if that be what a man wants, he will
obtain if some individual , in the by by passing the a manual
transfer of the Note note from hand to hand with still less trouble than
from government . Interest without Principal —
the sum small sum the interest if one
of these notes for a year a man will seldom have it will seldom happen to a
man to have occasion for: in so far as he himself
to this expedient , in so far a man departs from the
plan of accumulation: and this for the sake of a
mass of income , to scarce considerable enough
to constitute an motive . If the receipt
of a sum , thus small be really an object to a
man , it will can scarcely be so , but by reason of the
of some temporary demand :
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Identifier: | JB/002/150/001"JB/" can not be assigned to a declared number type with value 2. |
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[[marginal_summary_numbering::[25] continued]] |
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002 |
annuity notes |
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150 |
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001 |
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text sheet |
1 |
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recto |
d16 / e1 |
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jeremy bentham |
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889 |
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