JB/002/315/001

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XVI Circulating Annuities
Government Annuities having been previously established
by sufficient experience, let a similar investment
of all trust-moneys as they come in, be rendered
a matter of general obligation by an Act of the
legislature. A trust receipt-book to be kept with
a trust till.- In the book, an entry to be made
of each sum received with the day on which it was
of the day. received: the statement of the day to be indispensable. The money, if not received in
the shape of Annuity Notes, to be sent to the
office on that day or the next, to be changed into
Annuity Notes: the Notes received to be entered by
their N<hi rend="underline">os: if the day be not entered, the first day
of the year to be presumed, for the purpose of charging the Trustee with the interest the trust-paper, as received,
to be deposited in the trust till, to save it from
being confounded with money of his own. This not to
prevent the disposal of the amount to superior advantage
(i:e: at a higher rate of interest than what
is afforded by Annuity Notes) in as far as the
nature of the trust admitts of it. (c)
What is thus proposed to be rendered obligatory, for the
benefit of the principal, is no more than what a careful Trustee could would do
spontaneously, either for the benefit of the principal or
for his own, according to the texture of his conscience.
Should a precaution thus simple and unexceptionable be
neglected, the constitution of Annuity Notes will be all
too apt to operate as a premium for vice instead of virtue as w well as virtue; a premium for improbity
in the one situation, as well as for frugality in the other —

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Identifier: | JB/002/315/001"JB/" can not be assigned to a declared number type with value 2.
Date_1		Marginal Summary Numbering	Not numbered
Box	002	Main Headings	Annuity Notes
Folio number	315	Info in main headings field	Ch. XVI Moral Advantages Circulating Annuities
Image	001	Titles	Ch. XVI Moral Advantages / Note
Category	Copy/fair copy sheet	Number of Pages	4
Recto/Verso	Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.	Page Numbering	F1 / F2 / F3 / F4
Penner		Watermarks	1798 AM
Marginals	Jeremy Bentham	Paper Producer	Frances Wright
Corrections	Jeremy Bentham	Paper Produced in Year	1798
Notes public		ID Number	1054
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