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Recapitulation & Note (a)
Supposing the general plan & the proposed Amnesty
currency to be discarded, an advantage
upon a smaller scale might still be from
it, by applying some of the features of it to the improvement
of their exciting species of Government currency
called an Exchequer Bill, in such manneras to cause it to be of a lower rate of interest than it would otherwise be
1. It might be made out for much smaller
say £10 or £9: that is to say, a part of the
whole mass might be broken down with a view to
general circulation, a consistent portion being recovered in the present
large sums being for operations on a large scale.
2. It might be furnished with the proposed and,
to computation, by proper in the front or back
of it
3. It might be made to remove
for general circulation, which depend upon the
great of the paper viz. upon the size, from
and thinness, and which are possessed by the
notes which confer the currency of the Bank of
England
4. It might be made to recover their put in possession of the new securities
against fogery, which possessed.
