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Ch. XII
4
Nothing but one
aphibious species
of paper such as
that proposed can
fully supply any
such deficiency-
Stock and other articles
that are nor money, can
only shift it from
hand to hand.
While the With While there is Stock to sell,, and in such
a quantityabundance, how (it may be asked) can commercial
wealth be exposedliable to suffer in the point of
security for want of by a defalcation (which
can never be a very large one) from the amountquantity of
paper money? - when, by selling Stock, a man who
has either Stock enough or credit to borrow Stock enough, may
at any time raise get as much money as he pleases. [+] — [+]1
He will be a loser
it is true by the interest of the
Stock sold out
borrowed from the time
when sold to the time
when reped, and
so far the wealth it
suffers in point of
quantity: but there
ends the damage:
security remains. entire. —
Identifier: | JB/002/243/001"JB/" can not be assigned to a declared number type with value 2. |
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4 |
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002 |
annuity notes |
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243 |
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001 |
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text sheet |
1 |
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recto |
f152 |
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jeremy bentham |
<…>m 1798 |
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frances wright |
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1798 |
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982 |
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