★ Find a new page on our Untranscribed Manuscripts list.
14 Aug 1800 + Art. 20
5
Under these circumstances, the opening of a
second spece will considerably (it is evident) give
an increased value to the whole remaining paper of the first spece,
which increase can never account to gent not,
at any time, nor in the instance of any class
amount to quite so much as 25 per Cent, + +(the difference between the rates of interest on the speces) + payable during the times of respite, and
from thence will as vary, in a in a decreasing scale series, decreasing
from thence down to 0. The notes of Each class will, at all times,
be worth some thing more than the corresponding classes
as the reduction goes on, of interest keeps on its course
notes
of the secure magnitudes, in an inferior class: and
as the time for the redemption of the highest or last
redeemed class + + and therefore for the reduction of the rate of interest upon each class, approaches,
is seen to approach, as the redemption goes
on, the entire value of the Notes
Identifier: | JB/002/072/001"JB/" can not be assigned to a declared number type with value 2. |
|||
---|---|---|---|
1800-08-14 |
20 continued |
||
002 |
annuity notes |
||
072 |
art. 20 |
||
001 |
|||
text sheet |
1 |
||
recto |
e5 / f28 |
||
jeremy bentham |
<…>m 1798 |
||
frances wright |
|||
1798 |
|||
811 |
|||