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It has already been stated observed, that it seems
impossible with any precision, to how small to say, to what length considerable or
inconsiderable, the emission of the proposed paper may eventually extend,
be found to extend, clearly the first period of
its existence previously to the arrival of Stock 3
per Cents at par.
That, at some part or other or that period interval
That a small quantity, at least, can
however scarcely fail to find acceptance: - and that
a small quantity, a very few millions for example,
issued previous to that periodthe conclusion of it would be
sufficient to operate the conversion indicated,
and thereby give the form of the proposed paper
to the whole of the receive mass than remaining mass of
the Annuities comparing the National Debt —
Government Annuities