★ Keep up to date with the latest news - subscribe to the Transcribe Bentham newsletter; Find a new page to transcribe in our list of Untranscribed Manuscripts
Political Prospects
or
What's to be done?
or
What's to become
of us?
That death when
it comes may
come without con
Will not
in
when
if the
mischief
Let us further
Ordo
I. Timnada
II. Facienda
I Timnada
1. Certitude
2. Real Magnitude
II. Facienda
1. Retrenchments
2. New Supplies
3. Procurement of information
under
both heads — by
1. Revival of Finance
Committee
2. Encouragement
of Private Speculation.
2. Invitation to
those of Letters.
Impossibility of
keeping up the
exertion necessary
for defence much
longer, and at the
same time
Not Worth while to
endure any encrease of burthen,
for the a superior chance of
crushing the French
Government
Not worth while
for the sake of any
Colony or number of
Colonies
Colonies useful
if at all, only as
evidence of strength
(and thence of security)
than as efficient
causes
and as preserving
trade standing by keeping
it from sudden prohibitions.
Period of the exhaustion
of the
taxable matter a
period speedily approaching.
Surplus when it
comes in may be
applied to the purchase
either of present
ease, by the
abolition of taxes,
or future security
by buying in of
Government annuities
Government annuities
when bought
in become a fund
applicable in case
of necessity to the
purposes of present
defence.
Cause of taxation
War the only one
worth dwelling on
Causes of War —
1. Colonies
3. Foreign Traders
3. Honour & Glory
4. Rights of man
Constitutional disputes
5. Ballance of power.
The worst that could
happen a total
Bankruptcy
The next worse a
partial Bankruptcy
i:e: a deduction from
the Annuities
This in point of
inequality is no more
than on a footing with
the Land Tax.
In point of real suffering
it is no more
than Mr Pelhams
operation.
N.B. The Pelham
operation would not
be so easy to perform
another time,
since the apprehension
of being
paid off (henceforward
warranted by
that experience) would
naturally keep them
from rising to so high
a pitch as without
that apprehension
they did and would
rise to.
Remedies vulgar
their inadequacy
1. Economy,
2. Democracy.
Remedies proper
but not likely to
be adopted.
I. Recovery from
prejudices, in
favour of
1. Colonies
2. Foreign Trade
3. Honour & Glory
4. Ballance of power
5. Sea Captures
6. Privileges in Trade
3. Council of
— against 1. Taxes on Exports
2. Excise
De non armande
II. Council of Amphictyons
The price of our
Funds will naturally
be affected by
the several foreign
Funds — encreased
by the diminution
of the Credit of
the other Governments
put together
— diminished by
any diminution
in the rate of accumulation
among
the subjects of other
Governments.
France has been
the next greatest
market to Britain
for Government Annuities.
After a
peace, if the credit of
the French Government
should be unable to
recover itself, at the
same time that accumulation
gives in
to a certain degree,
French Capital will
come into our funds
in much greater plenty
than before.
Recoveries indicated
II. New Supplies
1. Taxes on Foreigners
& on Different Colonies
i:e: Taxes on Exports,
whether of
Colony produce or
Manufactures
2. Taxes on the Funds
i:e: striking off
say 25 per Cent
of the Annuities
continuing or not to
buying up or not
the Capital.
3. Sale of Places
4. ½ more on Porter
5. Tax coupled with
monopoly.
6. Capation of Prountus.
By money £100 raised
during war for
buying up Government
annuities
as much is not
bought up as it
cost to raise it
£100 issue is not
pur bought up.
But this applies
not to the for existing
accumulating fund.
Periods for extinguishing
Debt prior
to 1793
Nearest Years Year
Nearest 33 1830
Farthest 54 1851
Interest prior to
1793 5 June
9,205,588
With money
charge 9,325,866
Principal 238,231,248
Bounties by Custom
Rep. 23.1.50.
P.C.
Years of Peace 56
P.C.
—— War 41
1797
56:42::4:3. 56
42
1708
Vulgar
1— to be
|
Identifier: | JB/107/150/001 "JB/" can not be assigned to a declared number type with value 107.
|
|||
|---|---|---|---|
|
1798-08 |
|||
|
107 |
|||
|
150 |
heads for political prospects |
||
|
001 |
political prospects / or what's to be done? / or what's to become of us? |
||
|
rudiments sheet (brouillon) |
1 |
||
|
recto |
|||
|
jeremy bentham |
|||
|
35141 |
|||