JB/117/156/001

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J.B. to Donne Letter 1

Sir

Though the passing a judgment on the sums contained
in your Clients Estimate of damage will not (I believe) rest with me,
I make no sample of proposing for your consideration a principle
relative to such Estimate: the rather, since having been accided to at
the first word by M..<hi rend="underline">r</hi> Hodges, one of the two other immediate Tenants who
are in the same situation with M..<hi rend="underline">r</hi> Donne, it presents the greater
likelyhood of being assumed and acted upon by the person whoever it be
who is to judge.—

M..<hi rend="underline">r</hi> Donne and his assistants state as the sum which he claims
to receive from the Public on account of damage by removal at the time
specified, the whole amount of the loss which on that occasion, and at that
time may be expected to be incurred. — But on the other side a circumstance
that cannot escape observation is — that this loss, whatever it may amount
to, is no more than the Tenant would have had to sustain gratis at the
expiration of his Lease viz: at Lady day twelvemonth: so that the real
damage to be placed to the account of the Notice is — not the whole amount
of the loss itself but only the damage by the obligation of advancing the sum
expressive of such loss, a twelvemonth earlier than it would have been
to be advanced otherwise.—

A Person whose capital is vested in trade, has a right to expect
not mere common interest upon that capital, but mercantile profit. —
In M.<hi rend="underline">r</hi> Pitts computation of the Income of Great Britain, as printed in
M..<hi rend="underline">r</hi> Secretary Roses Finance Pamphlet of this Year 15 per cent (I
observe) is stated as the Average Rate of Mercantile profit in the
Home Trade. To a per centage to this amount at least it therefore appears

Identifier: | JB/117/156/001 "JB/" can not be assigned to a declared number type with value 117.
Date_1		Marginal Summary Numbering
Box	117	Main Headings	panopticon
Folio number	156	Info in main headings field	jb to donne letter 1
Image	001	Titles
Category	correspondence	Number of Pages	4
Recto/Verso	recto	Page Numbering	f1 / f2 / f3 / f4
Penner		Watermarks	1798 am
Marginals		Paper Producer	frances wright
Corrections		Paper Produced in Year	1798
Notes public	copy of letter 1524, vol. 6	ID Number	38773
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