★ Find a new page to transcribe in our list of Untranscribed Manuscripts
under construction ...
48
Art. 17. Note
Annuity Notes
As individuals may have their reasons for
wishing to exchange in this way their respective
notes , so may Government have its reasons for
compilling such exchange either in the instance
of this or that individual note , or in any
the largest masses . Taking into consideration
the changes that time may of itself , may
produce in a material of so v soft and then
a texture , without the aid of negligence , it
may reason in point of justice to call
it in it in gratis at the end of a certain number of
years more especially in the instance of the
silver and and other small notes which which
by the rapidity of their circulation possess from time to time are apt
to pass through such hands as by their
number alone , exclusively independently of bad keeping
would may by that time be expected to reduce
the currency in question to a state useful for
further circulation : and more as in the case supposing as
have supposed that the exchange is compulsory involuntary
on the part of the Holder , the fee might be
either reduced as in the case of the higher such notes
in which would be as were kept enough for to admitt if a fee succeptible
of reduction , or as in the case of the small
silver notes , resulted altogether.
Then there is another case in which powers
of considerable latitude of a seem requisite to be
by Parliament in the hands of the
executive Government : powers for example for exacting
