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Mode of disposing of Old Stores.
The present mode in which stores deemed unserviceable
are disposed of at present is appears if I am
as far as any information is correct, to be open
to the following objections.
1. The persons by whom The lots are made out, by are persons who have
nothing to gain by their being sold to advantage
and who, if they yield to the temptations with which they are surrounded, have
a great deal to gain by their being sold to disadvantage.
2. They are persons in inferior situations whose
and lawful emoluments being small
render them the more expose them to be acted
on with the greater effect by the temptations
held out to them to add to other emoluments by dishonest unlawful means.
3. Hence it happens, that partly to save trouble
partly to afford opportunities to dealers to
buy good bargains, the lots are made up in
such manner as not to be capable of being
put suitable suited to the demand of any person
who would purchase them for his own use: whence
by it happens that there are few or no purchasers but
those who buy to sell again.
Thus it happens that the middle-man's
or dealer's profit is so much lost to Government. This pro-
loss were the profit no more than fair mercantile
profit would still of course be very considerable. But
owing to by reason of the notoriety of the dishonest practices, which under favour
of the abovementioned have become so
prevlent prevalent, and the consequent disrepute which attaches upon this branch of trade, men of character are driven from this is
repelled from it: hence the profit made by the dealer
is – not the profit of a fair trade, but what must always
be a much higher rate, the profit of a dishonest and disreputable trade.
Under
Identifier: | JB/149/036/001 "JB/" can not be assigned to a declared number type with value 149.
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149 |
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036 |
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001 |
mode of disposing of old stores |
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jeremy bentham |
g&ep 1794 |
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fr3 |
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1794 |
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49890 |
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