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14
year be on the one hand be made Creditor to the
amount of £100 for every death which in the course
of the said year might according to such computation
have been expected to take place among the said prisoners,
and on the other hand debtors to the said
amount of £100 for every death which within the
said period shall actually have taken place. As
for example suppose the number of deaths expected
to have taken place at the end of the year
to be to the number of persons living at the commencement of the said year as 1 to 25, this for
the said intended number of 1000 prisoners will
make 40 deaths : £4000 then will be the sum which
the said intended Governor will annually be made
Creditor for upon the supposition of his receiving
the said number of 1000 prisoners : and as he will
be made Debtor to the said amount of £100 for
every one which during the said period shall actually
have died, it follows that if 40 as expected shall
have died, neither more nor less, he will be neither have
gainer or loser by the insurance nothing either to receive or to pay: if, instead of
40, 41, then he will be a loser have to pay to the amount of £100;
if instead of 40, 39, then a gainer he will have to receive to the said amount.
But £4,000 for 1000 prisoners is the same
proportion as £4 for 1 prisoner: it follows therefore
that according to the above computation, £4 will
be the premium for which such intended Governor will
Identifier:  JB/115/081/002 "JB/" can not be assigned to a declared number type with value 115.



1718 

115 
panopticon 

081 

002 

copy/fair copy sheet 
2 

recto 
f13 / f14 

37456 
