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15 March 1812.
Penitentiary Act Further proposed Amendments
Objections to the proposed temporary allowance.
At this rate Upon this plan Mr Bentham will be in no
hurry to get the award made: he will go on receiving
his quarterage as long as he lives.
Answer. What? A life annuity not worth more that between
£6,000 and £7,000 reckoning his life at its worth
ten years purchase (his age being turned of 64) is this then
supposing him willing to receive it, is this thought too much
for the "liberal compensation" proposed to be given him?
Too much for the value of the Contract from August 1795
when the instrument should have been signed not to speak
of March 1793 when his Proposal was accepted and he
ordered to take his arrangements? – Too much even for
the private manufacturing concern composed of a system of
patent inventions of unexampled promise sacrificed with
the capital employed in it to the public one? – for the profit
expectable upon either concern – in the first place up to the
present time, in the next place up to the end of the life of him
and his Brother? Would this be too much, even supposing
instead of land of inheritance to than the amount of
£500 a year old rent, not a sixpence in the way of capital had been expended?
N.B. Had this business come on the date of this statement been one quarter of a year
later the annual income from the pledge would have been
£100 a year more: and if 2 1/4 years later, £602.9s in addition
to the £100: together £160/2:9: viz.
1. By endorsement dated 26 Aug. 1807 on Lease to Samuel Cooke dated
21 Aug. 1805, additional rent from Lady day 1812 £100:0.0
2. By Lease to do dated 27 Aug. 1807 additional fromMidsummr 1814 60:2.9
160:2.9
Identifier: | JB/118/375/001 "JB/" can not be assigned to a declared number type with value 118.
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penitentiary bill further proposed amendments |
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jeremy bentham |
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andre morellet |
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