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Does the Reversioner value it it more than it is worth?
It is cheap only in the that the interest of the future
patrons is entirely disregarded which seems to have been the case.
Such is the view of the Honourable Kinsmen Committee are the objections arguments
the chief of the objections which plead against contingent
"interests":
But Reversionary grants may; it seems be defended
and now let us see by what and how
Much ab problem for the question has two sides
1 On the other hand (continues the Report) Reversionary
Grants may be defended as a cheap and economical
mode of confirming favour, of paying services
by expectancy, rather than by natural Office or Pension.
A cheap mode of confirming favour?
sense and to whom cheap added? to whom? To the
donor so far cheap it might be of the by the donor
the gift were estimated at more than it was worth.
but what should make it so. Present value of such
a reversion in and upon an average no more than a sixth only of that of
the annu an annual ment to the same amount
in possession: amount value of a reversion of £3000
a year £500 a year and no more : than this
is what he would set it at this is what he would
give the patron the donor credit for and as more
"by expectation instead of actual office or pension.
true it is that thus the favourite may with his service
or his no-service or his worse than no services
may be paid: thus it is that he paid be then may be may be paid but
time see at what expence.
Identifier: | JB/147/088/001 "JB/" can not be assigned to a declared number type with value 147.
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1810-03-23 |
1-2 |
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147 |
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088 |
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001 |
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Text sheet |
1 |
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recto |
D9 / E1 |
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49313 |
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