JB/002/397/001

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9. Art. 2 + 9
Annuity Notes
Plan
2 Constitution

Question 1. Interest why not more than so little as 3 per cent?
The many customers for
this interest being
chiefly such as if
they it did not make
interest on this
they would not
make any. Answer. Because the lower the interest, the greater
the profit to Government, and 3 per Cent promises
to be quite sufficient. The amount of money There seems no danger
that even at a rate thus reduced there should be any want
of customers

At this rate the amount of the sale promises to be
sufficient to buy in Stock enough to raise 3 per
Cents to par even in war time: and in a word
as much nor does it seem likely that nor upon
It seems very to name one rate to the exclusion of another the whole does it appear likely that any more greater quantity
of this paper should be sold at 4 per Cent than
what could equally be sold at 3. But further, so
farther §§ . Eventual Extensions Ch. 4. Grounds &c]
[+] For an memorandum see
the back of the preceding
leaf [1] Question 2<hi rend="superscript">d Interest why so much as 3 per Cent?
Answer. 1. Because it do appears in some degree dubious
whether customers would be found in such numbers within a given time as would
be requisite to render an inferior rate say 2 1/2 per
cent more favourable than upon the

2. A large portion, of the benefit from this currency,
consists in the mans in putting the means of
phasing out money at interest into the hand of the
least opulent and most numerous classes, who at present hitherto
Reference wanted as will be seen) under the misfortune of seeing so have seen <add> that so </add>
great are on consignment to industry, frugality and sobriety
out of their reach. On the other hand, this 2 1/2 per
Cent would be so much more than in general they
can make at present: and yet after all, it can not
but appear in the character of an hardship if were if the economy
of financewere to bear, with such particular
rigour, upon a source of income, which will be seen to have a more
particular title than any other to be termed the
patrimony of the industrious poor. If reasons pra
and <el>

Identifier: | JB/002/397/001"JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering	Not numbered
Box	002	Main Headings	Annuity Notes
Folio number	397	Info in main headings field	Art. 2
Image	001	Titles
Category	Text sheet	Number of Pages	1
Recto/Verso	Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.	Page Numbering	A9 / F9
Penner	Jeremy Bentham	Watermarks
Marginals	Jeremy Bentham	Paper Producer
Corrections	Jeremy Bentham	Paper Produced in Year
Notes public		ID Number	1136
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