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2do 2 Annuity Notes
Ch.    1.  Will issue  2  Proofs:  1. It will pass in the way of issue Proof Examples in proof  1.  Stock Annuities paid —  5.  First then it will meet with purchasers in the
way of issue : and that and supposing the 
price put upon it not to be too high : and that
although independently of the peculiar facilities
which it possesses with in regard to circulation the  : it would
meet with purchasers in the way of issue , even
although it for the  being able to get it off in
case of need a the purchaser had no better assurance
nor any greater facility than what he possesses
in the instance of the existing Stock Annuities .
That this part of the expectation is grounded
on experience is sufficiently proved by the instance example
just attended to . Stock Annuities in proportion
as they are created , and offered to sale , never fail to incit with
purchasers , at a suitable price suited to the circumstances
with which that species of property is attended . Neither therefore will the proposed Note Annuities find
if making with purchasers at a price suitable to
the circumstances with which if these ease— they will be attended.  3  2.   of registration in a fixed book as far by 3the passing proved in the   1.  Exchequer Bills  2.  Navy  Bills  3.  Irish Debentures  [In 
the case of Stock Annuities it is true the Note to the 
Annuity is created by an entry in a Book - which
is fixed to a place : in the case of the proposed Annuities
it is created by the delivery of a portable instrument ,
the proposed Annuity Note: [+] [+] for , as to the security, it is one and the same in both cases.  But that the
difference will at least not be a bar to the acceptance
of the proposed paper , is proved by the example 
of Exchequer Bills : not to want a Navy
Bills and the other several other similar portable Securities in of which
the mass of floating debt is composed . In these instances
it is tru, the Annuity is but for a very
short term : not exceeding a year or two at the utmost : and that
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