JB_003_363.xml

Title: [[Copyist’s hand] nd [wm CW 1799]]

Description: [Copyist’s hand]

nd [wm CW 1799]

Annuity Notes

Eden contin

[marginal heading:] §.17. p.75. 106

Rivalling Consols

{ that a 3 per cent Note will rival a 3 per cent consol: }

[marginal heading:] §.18. p.77. 109

No benefit.

{ When they are at par the public will derive no benefit from this scheme, unless they can issue Annuity Notes yielding only 23/8 per cent interest. }

[marginal heading:] §.19. p.83. 118

Trusts

( The extension of the plan to paying off public Annuitants would, in no case, be practicable.

A great part of the funds belongs to trustees. How could my Trustees convert Consols into Annuity Notes, and give me authority to receive the annual Interest, without, at the same time, giving me the Annuity Notes, which being payable to bearer would enable me to spend the principal? }

[marginal heading:] §.20 p.90. 128

Trustees

Settlements

{ I do not comprehend how (p.46) “settlements of money could be made by this scheme without trouble or expence.” }

[marginal heading:] §.21 p.92. 130

Forgery.

{ I don’t think the Author’s plan of types, twice as large as those on the wall facing the Treasury would prevent Forgery. }

[marginal heading:] §.22. p.93. 132

Premium & Discount

{ He supposes possible cases, in which his notes would bear a premium (p.32)

Other possible cases may be supposed, in which, like Exchequer Bills they would bear a discount.

“As to the probability of any state of things so extraordinary as to produce a Discount” he refers to a Chapter not printed. }

[marginal heading:] §.23. p.98. 139

Doctor.

{ I shall therefore close the discussion; with a hope if public credit wants medicine it will not be permitted (to use Hume’s expression) to die of the Doctor”. }

I am Dr Sir

Yrs very faithfully

F.M. Eden

Nicholas Vansittart Esqr.

JB_034_006.xml

Title: [[xxxiv. 6] 1821 July 21 Constitut]

Description: [xxxiv. 6]

1821 July 21

Constitut. Code - Securities for I Moral Aptitude

4. Legal responsibility

5 Moral responsibility

Public Opinion Tribunal

Public Opinion Tribunal

Ordo novus 21 July 22

?.1. Moral responsibility what subjection to power of moral sanction as applied by Public Opinion Tribunal. 2. This a fiction but indisputable and innoxious. 2. 4. 16 17. 9* its Members. 88. 89. 95.

Public Opinion Tribunal different degrees of effect and efficiency of which its operation is susceptible 61. 62. 63. 64. 65.

1. Decision unpronounced

2. Decision pronounced but not obligatory. 3. Decision obligatory.

Hostile faction in the Public Opinion Tribunal the Aristocratical. 89. 90. 91. 92. 93. 94. 96. 97. 98. 99. 100. 101. 102. 103. 104 to 127.

Hostility of the interests and affections of this faction to do of the greatest number. 96. 97. 89. 90. 91. 92. 93. 94. 97. 98. 99. 100 101. 102. 103. 104. 105. 106

Points of Hostility of interests. 96 97 98. 104. 105. 106. 107. 108. 109. 110. 111. 112

Points of hostility of affections 103 100. 101. 102. 121. 122. 123 124.

Points of hostility as to notions and judgments of approbation and disapprobation. 128. 129. 130. 131. 132. 133. 134. 135. 136. 137. 138.

Its indispensable [...?] 17. 19. 20. 21.

Requisites to bring it into action - 1. Evidence. 2. Comments their necessity. 22. 23. 24 25. 26. 27. 28. 29. 30. 31 32. 33. 34. 35. 36. 37. 38. 39. 40. │ 55 56. 57. 58. 59. 60. │ Supreme Operative 295.

? Channels through which it operates - how blockaded and corrupted - mischievousness and immorality of this practice 41. 42. 43. 44. 45. 46 47. 48. 49. 50. 51. 52. 53. 54. In Supreme Operative. 230. 231. 232 233. 234. 235. 236. 237. 238. 239. 240. 241. 242. 243.

? How to give direction and force to its influence to most advantage. Modes of operation and instruments for that purpose proposed and vindicated. 66. 67. 68. 69 70. 71. 72. 73. 74. 75. 76. 77. 78. 79. 80. 81. 82 83. 84. 85. 86. 87.

1 Notices of facts. 2 Monitory rules - both adapted to the businesses of the several Departments and Offices.

Add 9 Aug. 22. Operatives and Executives interrogable as to their mutual family and connections.

Arrangements prescribed by the consideration of the hostility of the Aristocratical faction, as by 1 composition of Juries. 2. Exclusion of factitious honor. 114. 115. 116. 117. 118 119. 120. 121. 122. 123 124. 125. 126. 127.

? The Democratical has every thing to fear from the Aristocratical members: the Aristocratical nothing from the Democratical

Public Opinion Tribunal General coincidence of its dcisions with those indicated by the greatest happiness principle. 4*. 5* 6*. 7*. 8* 9*.

? Enemies to the tutelary power of press and public discussion, the most mischievous enemies of the community Supreme Operative. 238. 239. 240. 241. 238 This sufficient ground for overthrowing the government. 238.

For rules for measuring depravity see Introd. Ch XI Disposition [...?] XLI. p.cxlvi.

30 July 1822

Addenda to Aristocratic Notions and Practices

1. Enter dyslogistic language for speaking to Servants etc

2. Subornation of false self-condemning confessions of misconduct and regret by fear of eventual punishment, and hope or assurance of eventual pardon. This in judicature and in quarrels between rich and poor

3 Private gratitude a sufficient warrant for voting etc against public interest.

JB_003_362.xml

Title: [[Copyist’s hand] nd [wm CM 1799]]

Description: [Copyist’s hand]

nd [wm CM 1799]

Annuity Notes

Eden contin

[marginal heading:] §.12. p.53. 79

Complication

subsidies and imposts, would be puzzled if he were to attempt to give change, for a £100 Bank Note, from a mass of Annuity Notes (part bearing nearly 3 per cent and part 23/8 per cent interest p.33) consisting of Standard Notes, Halves, and Quarters with a few odd years, months, and days, interest due on each, even with the assistance of small change: i:e: notes of 5d/34 bearing an interest of 1/512 part of a farthing per diem. }

[marginal heading:] §.13. p.62. 91

No Silver Paper

{ Paper money, never can answer as a substitute for copper money, till copper is as valuable as gold. }

[marginal heading:] §.14. p.63. 92

No Silver Paper

{ The wear and tear would ruin the paper money mint. A months circulation, among market women, turnpike-keepers, and publicans, would obliterate every clause of these portable contracts, every receipt for interest every table of computation. }

[marginal heading:] §.15 p.65. 95

Circulating medium

(Note) Alarm Contents

{ Of £400,000,000 of Annuity Notes

Supposing them all as good as Bankers Notes

how much would be wanted as a circulating medium? }

Would the remainder be any thing more than a mere security for an Annuity?

Its imperfections, in this office, I have already noticed.

[marginal heading:] §.16. p.74. 104

Bank & Bankers

{ If hoarders should prefer Annuity Notes to Bankers paper & Bankers bills, will not the 4 or 500 Bankers in G. Britain be injured and intitled to compensation?

If circulators should prefer Annuity Notes to B of England Paper will not that public body be a sufferer? }

{ Till, however, the stocks are near par, there seems little probability

that }