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9
Annuities —
Provision for admitting
alteration in the
E. & W. Indies &c
In favour of the almost absent and widely distant in remote parts of the globe, assent
at the earliest period might be presumed, supposing
the benefiteralness of the measure being having been established by actual
subscriptions to a certain amount.
The classes to be formed three Classes and 2
as before. Class 3 composed of the holders of such a
quantity of Stock not less more than so much say 4
Millions as shall have been subscribed on any
day or days not prior to such a day. Class 4th
composed of the superflux of any of Class 3d, with
the Subscribers down to some subsequent day. Doubts
whether a Subscriber belongs to one class or the next,
to be decided by lot. Any mode of decision is good
provided, so as it excludes the reality and the suspicion of personal partialities.
That the sum in cash Class should be
exactly round, and the same in all classes, is
neither possible nor material, nor that the arrangement
of the classes should be definitively formed in any
very short span of time: since the time reason for acting
in regard to the early formed classes can not occur
for till after the second emission has been issued and
the conversion produced by it proceeded upon for a considerable
length of time.
Little diffrentiv knots must will occur that
must be cut in the Gordian state. To the charge of
absolute injustice the operation is not exposed: since without
injustice, every individual without excp exception may
be paid off at any time.