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JB/107/153/001

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A 1 Political Prospects

What then it may be said is there no difference are <add>political <add>natural</add></add> affluence
and political natural bankruptcy? indicting any This is confounding
all distinctions — at this rate there may
be no difference between good and ill conduct on in
government the part of a Minister - between the best conduct
and the worst — Impossible? - there must be some
sophism in this, there can not but be at the bottom of all this, however plausible. [+] [+] — no: the distinctions still subsist remain still discernible: they are may to be found be traced out though not in the effects of the operations in question, yet in their respective concomitant circumstances and causes. Redacting
of interest by simple refusal to pay interest is
a symptom of public distress, distress on the part of the Public Revenue
likely to be resorted to but in under the extreme unless
such distress be in the extreme. Reduction by by
threats of paying off of interest by threat of discharging the principal
is a symptom of affluence not only on the part
of the Revenue, but on the part of the nation
at large: as it can not be effected without a
great command of ready money on the part of government,
nor consequently without a much larger
stock of ready money on the part of the nation
at large. The The Causes and concomitant circumstances
of the operation are therefore widely different and even
opposite in the two cases: but still the effects of the
operation are the same. Were a Tax at the present
or any future time period, were a tax to the amount of
25 per Cent to be imposed on the Funds to the amount
of 25 per Cent, the damage to the Stockholders the
sufferings of the respective Stockholders would be no greater
than those that of which was experienced produced in the past of by the Stockholders
of the time by the glorious operation of Mr
Pelham. Pelham <add>What</add>




Identifier: | JB/107/153/001
"JB/" can not be assigned to a declared number type with value 107.

Date_1

Marginal Summary Numbering

Box

107

Main Headings

Folio number

153

Info in main headings field

political prospects

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

d1

Penner

jeremy bentham

Watermarks

g&ep 1794

Marginals

Paper Producer

fr3

Corrections

Paper Produced in Year

1794

Notes public

ID Number

35144

Box Contents

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