Treatise on Tontine, in Which the Evils of the Old System Are Exhibited, and an Equitable Plan Suggested for Rendering the Valuable Principle of Tontine More Beneficially Applicable to Life Annuities
With an Account of the Successful Operation of the General Annuity Endowment Association, Formed Upon the Principle of a Perpetual Tontine Among the Annuitants
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Whilst the greatest effort has been made to ensure the quality of this text, due to the historical nature of this content, in some rare cases there may be minor issues with legibility. The extravagant schemes set on foot in the last century, under the name of Tontines, and the chi merical speculations to which they gave rise, suf ficiently demonstrate their defective arrangement. But even the more legitimate application of the system is not altogether free from the same defect.
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