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Art.17. Notes 44
2 Annuity Notes
Plan First
1 Creation
[10] continued</note
Necessity of
it as a defence
against vexation
and conspiracy
against the credit
of the paper.
On the other hand if the check afforded by <lb/. the expence of this small payment were removed,
the right of commanding such exchange would
be convertible into an instrument of intolerable vexation,
and an instrument which in case of the expected
extension of the currency downwards, would be
put into the hands of the lowest of the people. Attended
by personal enmity or even by mere wantonness, [+] [+] not to speak of political intrigue
a few individuals would by joining together, and
that without any such concert as would expose them
to punishment as for conspiracy, would have it in
their power to consume the whole of an Annuity
Office Keeper's time, and <add> then by watching the occasions
where that time could least be spared involves the in confusion
whole business of the department in confusion.
The fable On occasions like these the fable of the
Lion and the Mouse should never be one of mixed
tenses in appearance the most minute, the measures It is on this ground, beyond all others, that case by
of the greatest importance are capable liable to
be thwarted and overthrown. [+] [+] the Maid of
honour, whose lamb
is shown in Westminster
Abbey, and who
received her deaths wou wound by the scratch
of a pins point, is the
emblem of Paper Credit
[+] In legislation,
every mischief inconvenience
which is possible may
be regarded as certain
if it be loss to without
a remedy.
Experience, not
vain fancy, is the
ground of this
anxiety. In the instance of
the Bank carrying the facility of retarding the rate
of payment by employing coin of a smaller
denomination than ordinary has been employ'd as
an instrument of self-preservation. As at Bank
in Instances are frequent where rival Bankers
have waged war against each other enemies:
and when war is waged on such ground
it is always in this way. The proposed currency
has for its natural enemies the whole host
of Bankers.
By
