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1831. Nov. 5
Opulential Increment Discarded 3º
Bankruptcy Court Bill Observations continued.
Distinterestedness 2º
III Calculation
1.
Years purchase lowest
pay (Ensign's) £ 5 years
2
Highest pay, Lieutenant
Colonel's, 14.
3.
Difference, 9: highest
near 3 times the lowest.
4.
Therefore to obtain the
value of the highest point,
to the 5 years value of the
lowest point must be
added 9 years to the
simple value: say,
for the increase or
increased value 9
years purchase must
be added to the 5 years
simple value.
5.
Of the highest point
new functionaries – viz.
the Chief Judge, the
salary being £2000,
the simple value being
5 years purchase – £10,000
Add 9 years purchase – 18,000
Total is – £28,000
5(a)
One of the new salaries
is lower than the
above lowest: Old
Commissioners emolument
say £400.
Second Clerk, lowest
paid of the new functionaries,
£ : the
whole is not worth
mentioning.
---page break---
Distinterestedness 2º
III Calculation
6
New Offices, 9 in all
but one the salary is
higher than the
emolument of the
old Office £380; as
per Honble House
Returns
9.
Lower and lower of
course is the increment
value of the
right of appointment
as the salary is high
lower & lower: but
as to the degree, it is
remains in each
instance to be ascertained.
Identifier: | JB/004/389/001 "JB/" can not be assigned to a declared number type with value 4.
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1831-11-05 |
1-5, 5a, 6, 9 |
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004 |
lord brougham displayed |
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389 |
bankruptcy court bill observations continued |
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001 |
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marginal summary sheet |
1 |
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recto |
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george bentham |
j whatman turkey mill 1829 |
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jonathan blenman |
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1829 |
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[[notes_public::"opulential increment discarded" [note in bentham's hand]]] |
2310 |
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