JB/087/048/001

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Indirect Legislation

Peculation

Percentage
to Surveyors &c
should not run
beyond a fixt
sum.

In employing affording paying architects surveyors and other
persons employ'd in the superintending the expenditure
of money it is a common way to
give them so much per cent upon the money
expended. This mode of payment however natural
it now as it is, opens a door to peculation: [peculation
pro rata the most destructive species of]
peculation of the most destructive kind, peculation
pro rata , as it may be called, in which
in order for the peculator party employ'd to gain a little, the
employer must be made to suffer a great deal.
The danger is particularly great in public works
in which no person has any particular interest
[in checking profusion] in keeping a strict watch
[against profusion] over the person employ'd and
many may are liable to have a particular interest in connivance.
The remedy seems to be to pitch
upon a particular sum according to the estimate,
and to pay to the party employ'd surveyor: up to
this sum you shall have your pr centage; but
if the expense comes to more, beyond this sum
you shall have nothing: and on the others although you should
find

Identifier: | JB/087/048/001 "JB/" can not be assigned to a declared number type with value 87.
Date_1		Marginal Summary Numbering	not numbered
Box	087	Main Headings	indirect legislation
Folio number	048	Info in main headings field	indirect legislation
Image	001	Titles	peculation
Category	text sheet	Number of Pages	4
Recto/Verso	recto	Page Numbering
Penner	jeremy bentham	Watermarks	[[watermarks::gr [crown motif] [britannia with shield motif]]]
Marginals	jeremy bentham	Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	27573
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