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7.
II. Eventual Extension
Annuity
17 [17 Stock, of where at or above to be paid off instead of brought in
15 17 [1] That, if by this and other means, 3 per
Cent Stock Annuities should ever have risen
to par, [1]
[1] Probability
the produce of the issue of Note Annuities
be thereupon applied to the paying
off instead of buying in, [2]
[2] necessity of result
Stock Annuities —
and so quotes, buying in, or paying off
according as Stock Annuities are whenever they
are under par, paying them off, whenever they
are at or above par. [2]
18 [2] If off Note Annuities to upon the paying off the last portion of Stock: i:e: the completion of the conversion of Stock into Note Annuities
18 [2] That (inasmuch as the paying off Stock
Annuities will lead to a rapid and almost immediate
conversion of the whole of amount into Note
Annuities) if thereupon the Note Annuities (now
become by the supposition the only Government Annuities)
should experience come to bear a premium a to a
Annuities) [1] [1] Probability
Identifier: | JB/002/384/001"JB/" can not be assigned to a declared number type with value 2. |
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17-19 |
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002 |
annuity notes |
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384 |
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001 |
ii eventual extension |
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text sheet |
1 |
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recto |
f7 |
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jeremy bentham |
tw 1794 |
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francis hall |
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1794 |
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1123 |
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