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+ 144
Annuity Abstract Ch. XI. Fixed
7 Deduction for what would have gone to capital otherwise
From this, as any accuaratt accurate course
of computation would come to be subtracted that
proportion of the national income, which, if had
not it not been been taken by taxes, and thence, added in
the shape of redemption-money formally as it were added <add>added</add> to capital, would
have gone to capital would have been refunded as it were by force, would have been saved up, and
in the first, in maturing in addition to that thus, without changing hands, have thus been added <add>gone</add>
amount to the mass of national capital — of itself. to capital of its own accord. — At random, say
At random, Say for , one eighth. would be
required two redu deductions —
From the amount of the restitution to (a) (a) Note (a) in next page p. 145
capital, by
the redemption of the Debt, independently of the proposed
measure - viz the 400 million £400,000,000
Deduct 400,000,000. 8 = one eighth, viz: . . . . £50,000,000
Remains . . . . . . £350,000,000
From the amount of profit from the proposed measure
measure on the score of addition to national capital
by of the redemption as before, viz: £110,512,624
Deduct £110,512, . 8 = one eighth - £13,814 098
Remains profit . . . . . £96,698,546
(To
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jeremy bentham |
1798 a<…> |
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frances wright |
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