JB/122/528/002

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82 § 9. (6)
Of the service, reaped by the public, from my labour on this
ground, the value will be more or less considerable, according as, at
the time of it's being taken, as above, out of my hands, it is considered as
capable, or not capable, of being let, in the whole, or in part, upon building
leases: - capable, or presenting a near prospect of becoming so.

1. Let it be supposed not susceptible of any such improvement.
Even in this case, £18,000 or £10,050, according as interest, viz. from
25 Dec.r 1799 the time of the purchase - to 25 March 1813, is, or is not taken into account, may
I am inclined to think be stated as the least sum saved by the public,
in and by the purchase, of which I was thus made the instrument;
a purchase, which, unless I had been made the instrument of it,
would not have been made.

Less than £350 was the rent which the land yielded when
first it came into my hands. £806 and a fraction, a year, was the
rent it yielded at the time when it was taken out of them: say,
for round numbers, £800 a year. At 30 years purchase, £800 a year
gives £ 24,000 . But, if, under conditional leases, held under such precarious
tenure as by far the greatest part of that land was held under,
liable to be resumed at a month's warning for the public purpose, -
liable to be resumed at a short warning for the purpose of being let, on
building leases, on private account - the rent, and thence the value as
expressed in purchase money, was thus high, let in the usual manner in
absolute leases, it could not but have been much higher. £6000 might
I should suppose be thought not too much to add to it on this score.

This, however, is a supposition, the most favourable of any
to the cheapness of the ground, and against the reality of this supposition,
there could not but be many chances to one. I mean, the supposition
of the ground's standing exactly at the nick of time, clear of all
Leases: for, suppose it let upon leases, then, for the buying out of such
leases, an additional sum would have been requisite. Say, however,
no

Identifier: | JB/122/528/002 "JB/" can not be assigned to a declared number type with value 122.
Date_1		Marginal Summary Numbering
Box	122	Main Headings	Panopticon
Folio number	528	Info in main headings field
Image	002	Titles
Category	Copy/fair copy sheet	Number of Pages	2
Recto/Verso	"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.	Page Numbering	F81 / F82
Penner		Watermarks	JOHN DICKINSON & Co 1809
Marginals		Paper Producer	A. Levy
Corrections	Jeremy Bentham	Paper Produced in Year	1809
Notes public		ID Number	002
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