JB/060/073/001

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1828. Novr. 19. 5

5.

Capital by all accounts we shall have need
of, were it only for fortifications: Capital, wheresoever it
is to be had, and it is only in England that it is to be
found; at least in quantities adequate to such a purpose.
As to the means of communication, were that
all that was wanted, by all accounts the local circumstances
are so favourable, that I should not despair
of it's being within the compass of our own resources,
especially if the circumstances of the times admitted
of a protracted course of expenditure. But in no
state of things would fortification be an object to be neglected;
and at present, now that the French government,
flaming with the most mischievous ambition, has
so keen an eye upon the object, the need of fortifications
has acquired an immediate and unprecedented
importance. To a company of English Capitalists, my
Government, if it takes my recommendation, a matter
which, in this particular I have little doubt of, would
cheerfully, in return for a sufficient quantity of capital
to be employed under joint direction, give up, in
private property, such extent of Country, as shall be
necessary and sufficient for maintaining the communication
in the most effectual manner, with political rights
for further security. On it's own behalf, all the stipulations
it would be make would be that the tolls
should be the same for all States, it's own not excepted,
and with such limits to the rate of toll, as
should prevent it's becoming excessive. As to the equality
thus provided for, I need scarce mention to
you, Sir, that this equality in words would in effect
be in a preference to England: England, in virtue of
her capital, having had, and being at all times about
to have, so much more to gain by the junction than
any other State, not even excepting the United States,
notwithstanding their near neighbourhood; under
which circumstances, preference in words and
figures would be a sort of war against other nations:
and that for the reason above given, a
useless one.
Of

Identifier: | JB/060/073/001 "JB/" can not be assigned to a declared number type with value 60.
Date_1	1823-11-19	Marginal Summary Numbering
Box	060	Main Headings
Folio number	073	Info in main headings field
Image	001	Titles
Category	correspondence	Number of Pages	1
Recto/Verso	recto	Page Numbering	c5 / d5
Penner	john flowerdew colls	Watermarks	j whatman turkey mill 1822
Marginals		Paper Producer	jonathan blenman
Corrections	jeremy bentham	Paper Produced in Year	1822
Notes public	draft letter mentioned in letter 3019, vol. 11	ID Number	19631
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