JB/106/274/001

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1822 June 25.
Junctiana Proposal

If, for example, the informationthat has been received
by the presence of the is correct, fifteen per cent
and more, and with an immediate return, may always be
made, of capital , in Mexico: while, by an English capitalist,
less than ten per cent, if placed upon a footing regarded
by him as an assured one, would be caught at: and, for
this, or something not more than this, if possessed of sufficient
means of living from other sources, he would even
be content to wait. For the establishment of the London
Docks for example, ten per cent was the maximum looked
forto: and this was long before the commencement
of that state of things, by which the profit, capable of being
expected from capital, has been of late years so much
reduced.

This point being determined upon, if the determination
be that a Joint Stock Company formed by capitalists
of all nations, foreigners as well as natives, shall
be resorted to, then comes the question about the portion of
territory, and the cession to be made of it.

If the only portion, that required to be ceded, were
the portion to be purchased, by the company, for the purpose
of communication - that is to say, the portion through which
the work would have to be carried on, thus far no great difficulty
presents itself: thus far, by the supposition, Mexico
would have her equivalent: the sacrifice would be such as she would
be prepared to make; the equivalent, one with which, by
the supposition, she would be satisfied.

But the difficulty, if there be any in the case
lies here: it is essential to the plan, that Columbia be not
excluded from a share in that benefit, which consists
in contiguity-immediate contiguity- to the spot, through which communication
is made. For this purpose, it is necessary, that, while
on one side Mexico has the territory immediately contiguous
to the territory through which the communication passes,
Columbia should have the territory immediately contiguous
to it on the other side. But, according to the latest account
that has been made public, namely Mr. Robinson's,
as published in London Ao. 1821, there is but one spot, that
affords any tolerably fair promise of any such junction
on profitable terms: and that is a spot, in which Lake

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Identifier: | JB/106/274/001 "JB/" can not be assigned to a declared number type with value 106.
Date_1	1822-06-25	Marginal Summary Numbering
Box	106	Main Headings	junctiana proposal
Folio number	274	Info in main headings field	junctiana proposal
Image	001	Titles
Category	copy/fair copy sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	d10 / e3
Penner	john flowerdew colls	Watermarks
Marginals		Paper Producer
Corrections	jeremy bentham	Paper Produced in Year
Notes public		ID Number	34862
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