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1831. Oct 29
Opulential Increment – Discarded
Observations on the Bankruptcy Court Bill – printed for Commons
29
Disinterestedness 2º
II Grounds of the Calclation
or 16
From the value of the
Commissionership of
Bankrupts another
deduction by its uncertainty
compared
with the certainty of
the Salaries given by
the Bill.
So the annual
amount of the Commissioners
Salary
is affected by accidents
– in one instance
as low as
£126 – in another as
high as £976.
or 17
Additional emolument
— Fees.
or 18.
As to the 30 official
Assignees the faculty of
appointing them has
been transferred to
four persons of mercantile
eminence.
or 19
The nomination
good – but not less
has the policy of
the unjust Steward
been employed in
the nomination.
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30
Disinterestedness 2º
II Grounds of the Calclation
or 1.
By extra opulence or
say superior opulence
of the income of an
Office is added to
the value of the patronage.
the demand of the increment.
or 2.
Cause of the increment,
to an Office
obligation of service
is annexed; to an
annuity, not.
or 3.
Example – Military
Office, lowest grade;
Foot Ensign price in
round numbers, 5 years
purchase. Highest saleable
grade, Lieutenant
Colonel: price in do
14 do.
or 4
Of the value of the
patronage, superior
opulence increment,
or say opulential
increment; 9 years
purchase.
or 5.
Example 2 – Ecclesiastical
Office – a Living.
Here, no such data,
regulation price, none:
But greater and more
striking is the opulential
increment.
Of the richest livings
price of advowson,
14 years purchase:
of a living with income
not greater
than of a curacy,
nothing.
---page break---
30
Disinterestedness 2º
II Grounds of the Calclation
Remains, the settling
the opulential increment
of the Offices,
of which Brougham
gives himself the
patronage.
or 6(a)
Bankrupts Secretarys
Second Clerks excepted.
or 7
Hence, as to each Office
we have the
incremential value
as per
1. Unincremential
2. The increment
3. Incremential.
or 8.
Additional heads that
would have been inserted
– the decrement
from the difference
between a perpetuity,
as in an Advowson,
and the 8 years which
is the average duration
of a Chancellorship.
But this, applying
to loss as well
as profit, gives no
decrement to profit.
Identifier: | JB/004/388/001 "JB/" can not be assigned to a declared number type with value 4.
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1831-10-29 |
or 16 - or 19, or 1 - or 8 |
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004 |
lord brougham displayed |
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388 |
observations on the bankruptcy bill |
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001 |
3o / disinterestedness 2o |
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marginal summary sheet |
1 |
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recto |
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george bentham |
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[[notes_public::"opulential increment - discarded" [note in bentham's hand]]] |
2309 |
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