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24 Jany 1801
Paper Mischief
I speak of the past depretiation. But
what is is matter of has no value but curiosity rather than
value, but otherwise than with reference to the future.
It is only with a view of forming
an estimate of what the depretiation is likely
to amount to in an equal future period – it
is for that purpose and that only that I
should have thought it worth enquiring the enquiry what
it has amounted to in the period just last past:
and if my view of the matter be right, then,
although whatever the amount of the depretiation may
want of being equal amounting to 50 per Cent with
reference to the past what it state of things
at the commencement of the past period of 40 years ending
with the end of the year 1800, I believe it
will appear but too probable that it will be
at the end of the future and current period of 40 years ending at the end of the year 1841, it will be
more likely to exceed than to fall short of the
same rate of 50 per Cent with reference to
the state of things at the commencement of this
current period: insomuch that though it were
not g with reference to the end of the year 1760 it did
not at should not be found to have amounted
at the end of 1800 to quite so much as 50
per Cent, yet at the end of 1840 it will be
found to amount with reference to that same
year 1760, to not less than 75 per Cent.† † mention of acceleration here or further on.
Identifier: | JB/003/104/001 "JB/" can not be assigned to a declared number type with value 3.
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1800-01-24 |
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003 |
manual of political economy |
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104 |
paper mischief |
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001 |
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text sheet |
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recto |
f2 |
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jeremy bentham |
1798 a<…> |
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