Note 149 — SUPPLEMENT TO SECTION III PART II.
Reading edition
When the amount of interest, payable for a sum obtained by selling a 4 per cent. capital, is the same with the amount of interest, payable for an equal sum obtained by selling a 3 per cent. capital, which is nearly the present case, postponing, in the manner I have proposed, the redemption of the former, becomes as indifferent as it would be to postpone in the same manner the redemption of any 3 per cents.