JB/003/374/001

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23 July 1801
Annuity Notes

Here however the objection is (for though not
brought forward it is implied insinuated) the objection is
that the mass of paper will be too large –
In the vey next sentence, what is not too large
is far lower little further the object is that it
will not be large enough – to be of any use. Wait till the next sentence – the very next sentence
– and what is now too large because not too small: – "not
"great enough to be an object of finance."

II. Observations continued.

Of the two objects the f proposed by the scheme
"viz. to render that mass of money which by existing circumstances
"is either excluded from yielding interest, or which
"by means of Bankers, and otherwise, yields a rate of interest
"inferior, all things considered, to what Government could
"allow; and 2. to furnish a new circulating medium of daily
"increasing value, the first, I should apprehend, would only
"operate on the most numerous and leas opulent
"classes, whose hoards are too small to bear the charge
"of investment in Stock or other interest-yielding
"Security. I should doubt however, whether the aggregate
"of such sums is great enough to become an
"object of finance.

Counter-Observations

None: – none seem necessary – here at least: but see the next Section. –
Answer. All untried plans are in respect of eventual success, exposed essentially subject
to doubt: even where the mind is not particularly
predisposed to harbour them it. These are Doubt exists
in all degrees of doubt, the of strength, of for which can not
is there is seldom any better measure than the
natural nature of the practical conclusions – that are we see come deduced
from their In some certain degree of strength.
No doubt points to experiments for its solution: in
the present case instance, experiment is the very thing
dreaded and deprecated. – Where the whole profit
from the very source in question goes to the public,
the doubts about sufficiency is so strong that experiment is deprecated
as useless: where only the half of this same mass rate of profit
is

Identifier: | JB/003/374/001"JB/" can not be assigned to a declared number type with value 3.
Date_1	1801-07-23	Marginal Summary Numbering	5-6
Box	003	Main Headings	annuity notes
Folio number	374	Info in main headings field	annuity notes
Image	001	Titles	observations continued / counter-observations
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	f11
Penner	jeremy bentham	Watermarks	cw 1799
Marginals	jeremy bentham	Paper Producer	c. abbit lees
Corrections		Paper Produced in Year	1799
Notes public		ID Number	1784
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