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Ch. III. Grounds of Expectation with regard to the circulation etc of the
proposed paper.
Annuity Notes Ch 1 Properties results <add>Expectation</add> and ascribed to the
To enable this Paper to answer the expectations that have been
been formed of it six seven distinguishable results must take place: —
1. It must meet with purchasers to take it out in the way of issue. —
2. And that at the price proposed to be put upon it.
3. It must be received in circulation —
4.— And at that price —
5.— And with an addition proportioned each day to the amount of Interest
due upon it.
6. It must be depretiation proof: — being current on the above footing
and without discount not only at its birth but through every stage
of its existence.
7. Its currency must be — not confined to this or that
description of persons but extending to all descriptions. —
Of its pretensions to the above attributes some judgment may
already have been formed from the preceding they will now
be subjected to a closer scrutiny. —
