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27 Sept 1800 + 189
Annuity Notes Abstract
Ch. X.Y.
For [+] I say to prudence: for [+]
[+] For, as to sympathy for the sufferings of the individuals damnified, the professedly vindicative measures, pursued afterwards against the repugnants, are a sufficient proof that no such motive was consulted on the arrangement of the terms.
tenderness of the sufferings of of such a multitude such a multitude of
the individuals in question who would find themselves
subjected to a defalcation to the amount of a fourth part
of their respective incomes from the source it appears
from the language told as well as the course taken in
regard to the Non consenters that no such feelings were
consulted, as to the regard for the feelings of individuals damnified it will soon appear whether a consideration of that any regard that way
sort were much attended to [in the planning of the measure]
1. A years interest was allowed in the first plan without
reduction reduction: ..: the amount of the one per Cent <add>that was to be afterwards struck off by the reduction (£577,034)</add> was allowed for in the first year: (a) (a)Note is under the list
This however Note (a) it may be said should
(a) This (it may be thought) should not be considered as constituting part of the bonus, inasmuch
as in some of the Acts, and probably in all, it probably
perhaps in all <add>the Acts. prior to that date, it</add> will be found that a years notice previous to redemption
was among the stipulated terms. On the other hand, if,
instead of waiting for meditations, and negotiations,
and observations to be taken of the times, a plan had
been adopted in the first instance which such as (like the proposed
plan) would have given the public the benefit of the
reduction, from the instant that the rise, in the rate of interest
in general, and of money in the fund in particular,
had rendered the commencement of it practicable, the probability
seems to be- that the extra interest, not only of the
year in question, but of one or more former preceding years, might
have been saved. End of Note (a) in and to p. 189.
2 (a) The years report of the whole 1 per Cent may be released as part of the Sacrifice by commencing the reduction at the earliest possible period (as by the proposed plan) it might have been saved
Text resumed-
577, 134 288, 517
2. Half, of the one per cent ultimately struck off, was
allowed for 7 years more. This, for one year, was
£288,517: for the 7 years, £2,016,119. Adding the one per
Cent for the first year, makes total price paid for ,
£2,593,158. Deducting discount for the several
years to come, (£426,980) leaves the sum that would have amount of the price paid, for the £577,034 a year thus saved, £2,166,178:
been paid in ready money for an amount to at reduction,
to the amount of the entire 1 per Cent ( viz: £577,034)
a year, £2,166,178. — — This
Identifier: | JB/002/285/001 "JB/" can not be assigned to a declared number type with value 2.
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f189 |
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jeremy bentham |
1798 a<…> |
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frances wright |
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1798 |
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