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Note continued Note
Abstract
to Note
Note continued
expenditure: and so that, upon the whole, account being taken
of many raised — average proportionable amount
of capital created, average price paid for capital
redeemed, and of the periods of redemption, and
quantity redeemed at each period, the profit to
productive capital by the would not
prove equal in the case of the present were, it
would be all restitution without any clear and no addition, nor
would the restitution be compleat. This however
depends altogether upon the proportions as between the
above several quantities: insomuch that a case
might be put — (and that how far soever from
being a desirable by no means an impossible or
even very improbable one) in which, in point of
ultimate wealth (were that alone considered) a nation might under the
Sinking Fund plan - and even with some ill
success and to good success, be a gainst by
war.
I need scarce observe (—and yet — [+] avert to avoid the [+] rather than appear not to
subject, for a moment
nor or to any eye, to the
for the normally imputation of branching paradons, and those of
the most pernicious kind) I will observe —) that
money to A is no compensation for loss of money, life
or limbs to B — that the acquisition, if made,
if is made by no other means than that of the most
cruel pinching, for a period greater than the
average human life — and that if the whole of the money
takenwrung from pleasurable expenditure had been added
the whole of it at once to in the first instance all of it to productive capital,
instead of being consumed in misery-making
expenditure, the addition to productive capital and
wealth would have been so much the more considerable
abundant.
Be