JB/119/188/001

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Panopticon Bill Reasons

II. Objections to a valuation new in tote; in contradistinction
to the assessment of supplemental price. — or

II. Reasons for proposing the assessment of a
supplemental price, in preference to a valuation new in toto.

1. The value found must
be taken for a true one
for the time.

What every body knows is that for the purpose
fo the formerly intended Penitentiary establishment the value
of the land has been already found. The Verdict by which it
was found must, till some objection be made to it, be taken
for a true one. I mean always a true one for the time.

2. But may be insufficient
at this time - on either of
two suppositions.

If then, on the part of the proprietors, a fresh
verdict be demanded, it can only be on the ground of one or
other of two suppositions.

1. Fall in the value of
money whence the proposal
of a supplemental
price.

1. That through a true verdict for that time,
it would not be a true verdict for this: for that the £660, if
paid & laid out now; would not go so far as it would have done
had it been paid & laid out then. This I admitt: & what I
propose accordingly is, that the enquiry of the Jury should
take for its object the difference between the time's price of that
time, & that of the present: but that it should go no farther.

3.
2. Intervening improvement.

2. The other supposition is, that since the
giving that verdict, money has been laid out upon the land:
which being the case, the land is no longer the same estate. The
consequence I admitt, if the supposition were true: but I do
not believe that it is, or that any allegation to that effect would
be made.

4. Answers

If it were made, there are two answers to it.
One is that it was the folly (to use the law-expression) of the
Proprietors to lay out money upon land of which they knew
themselves

Identifier: | JB/119/188/001 "JB/" can not be assigned to a declared number type with value 119.
Date_1		Marginal Summary Numbering	1-9
Box	119	Main Headings	panopticon
Folio number	188	Info in main headings field	panopticon bill
Image	001	Titles
Category	copy/fair copy sheet	Number of Pages	4
Recto/Verso	recto	Page Numbering	f1 / f2 / f3 /
Penner		Watermarks
Marginals		Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	39699
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