JB/002/170/001

File:JB 002 170 001.jpg

In regard to the proportion of interest that would
be likely to forborne thus much may be to be observed.
The forbearance would continue as to in regard to
whatever portion continued to be employd in covering
the forbearance would probably be general and continual. continue. [2 In regard to
whatever first was hoarded for the purpose of accumulation
furnishing compound interest, it could not
take place. To invest obtain an interest upon
the is years<add>the</add> interest due on any stock, it would be necessary
for a man to receive that interest, and with the money
take out a fresh note - or assemblage of notes: a second
year's interest is a year's interest and 'no more' in
addition to its own amount, it does not give him the
interest he might have made on the amount of the first
this same second year's interest, by receiving it on the of money
and employing that money in the finding of a fresh
note carrying its interest, or (about would come to the
same thing) by receiving it at once, ++from the office if the office were to upon his application the office were to [in the shape of
such fresh note from the office, if it were even thought
fit that the office should should] furnish him with it in that
shape.

3. In the case of a mass of Annuity Note paper
kept in hand for the purpose of income, but without any
determinate f future view of accumulation in the way of compound
interest, it seems difficult to say whether
receipt or forbearance would be most apt to take place
The purpose of receipt might be equally answered by
forbearance; or viz by paying away at each period
a mass ofpaper to an amount equal to what the whole mass
had gained in value on the score of interest by that
time. But this would require provision to be made
accordingly

- -

Identifier: | JB/002/170/001"JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering	8-10
Box	002	Main Headings	Annuity Notes
Folio number	170	Info in main headings field
Image	001	Titles
Category	Text sheet	Number of Pages	1
Recto/Verso	Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.	Page Numbering	A11
Penner	Jeremy Bentham	Watermarks
Marginals	Jeremy Bentham	Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	909
Box Contents

the