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Exchequer Notes 7 Cause
them a man makes at the rate of from 5 1/4 to 5 1/2
percent by the year:difference from 1 1/4 to 1 1/2 per Cent. But in these two cases the security
is one and the same: it is Government security in both.
Difference betweentherefore in point of security and credit
is not the differ cause of the difference in point of
current price between Government paper and
Bank.
