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26 Aug. 1800+ 47
2 Annuity Notes
Abstract
Grounds
<de>.2 1. Stock Annuity
1.
2. Private
In comparing the supposed species of Government
security Annuities with the existing species of Government
security, Viz: species already existing in the shape of
compared with the market offered by
Stock Annuities, we think find it possessed of the
following advantages —
in regard to purchase —
1. No journey trouble or expence in journeys and on the score of journeys to London, or would
2 No trouble of attendances there. at a distance from and to London from London
2. No expence on the score of Agency — 3 No expence of
3. Brokerage. expence of postage. 4. No expence
— 4. Stamp Duties. — 5. the fees for powers of Attorney 6. No <add> or 6. No expence
— or 6. Postage. — 7. No danger of loss by buying too dear to a disadvantage.
III in regard to custody —
1. the Interest daily: — not so much as a days interest
need ever be lost. 2. Interest receivable
without trouble. 43 compound interest capable
of being made with certainty and facility. 20
May division of the paper, or security the possession the settlements of money in trust may be made, by this means,
if it is capable of being guarded against
loss, by a species of safeguard<add> security inapplicable to the case of <note> Refer to it receives Settlements of n
money. 10. By the same means, interest <add> it enables
ments the power may be made by this means to be more without trouble or expence.
III. In regard to Transfer.
1. No trouble of attendance. 2. No expnce of Agency 3 1. No expence or <add> journeys or trouble on the score of journeys for attendances.</add>
3. No expence of Brokerage expence of postage 2. No expences on the score of Agency — 3. Brokerage — 4
,del> 4. No expence in Stamp Duty of for power of Attorney 4. Stamp Duties. 5 — Fees for powers of Attorney or 6
5. No expence of postage. 6 7. No danger of loss
by selling too cheap to a disadvantage. *. The capital 7. The Capital of the mass of notes,
employable in the shape of circulating capital, like so
much cash, without in whatever portions may from time
to time be wanted requisite, just like so uch cash, withoiut trouble or exp[ence. (a) 9A) Note on next
page. p.48
