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Were such the course pursued it might be
of use to .
Were the redemption thus to cease, it might
be proper of me to disclose, at the time that such cessation
were declared, that from thenceforward, as often as
in a stock were sent in for payment of interest
interest and principal should be paid together: (a)(a) Note (a) on p. 123 as
is the practice at present in the case of Exchequer
Bills: and at the same time to declare a respite
of the redemption for a certain time.
The advantages would be—
1. The continuation of the source of profit in
question (profit by interest undemanded) would be
more steady and . For, in proportion to the
length of respite declared, the paper thus respited would
come to bear a premium: in circulation: the amount of which premium, though limited by the rate of interest yielded by
the open spece rated as if (resorted or not resorted to) would
Identifier: | JB/002/219/001"JB/" can not be assigned to a declared number type with value 2. |
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annuity notes |
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219 |
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text sheet |
1 |
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recto |
f121 |
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jeremy bentham |
tw 1794 |
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francis hall |
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1794 |
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958 |
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