★ Find a new page on our Untranscribed Manuscripts list.
Art. 11
Taken by itself, the idea of a note having 6d
for its principal, and that 6d carrying a three
per cent interest, presents itself as absurd
and ridiculous in the extreme: since two years could
have to elapse before any thing, interest and then no
more than a farthing, could be to be received on it.
But, inasmuch as masses as a mass of notes bearing interest
could not be made up so as that the
whole mass should bear an interest, unless each
of the several notes beg of which the mass was composed,
were a note bearing interest, and bearing
interest at the same rate, hence it becomes evident
that in the first place that it is as necessary
that the very smallest of these the ratesof interest
Identifier: | JB/002/411/001"JB/" can not be assigned to a declared number type with value 2. |
|||
---|---|---|---|
not numbered |
|||
002 |
annuity notes |
||
411 |
art. 11 |
||
001 |
|||
text sheet |
1 |
||
recto |
a28 / a23 / f23 |
||
jeremy bentham |
tw 1794 |
||
francis hall |
|||
1794 |
|||
1150 |
|||