JB/539/423/001

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Capper & I intend going to see it, and if we think it will
suit us we shall offer 7,000 rubles for it directly.

I having now all the priviledges of the nobility can must be
the proprietor of it. He nor even a Russian merchant cannot
possess land in his own name nor peasants either.

Now then you can form an idea of the use I shall be of in the partnership?
Tis true he has a model of the oil mill, but then I must alter it,
1t I can make it more simple by leaving out some of the intermediate
wheelwork 2d It is my idea to introduce oxen instead of horses for
the pri:mob: 3. I must adapt the machinery to admit of the slow pace
of the oxen. 4, I am better qualified and shall give more time to
the inspe inspect the erection of the machine. 5. were it not for me
he must have trusted to a Russian, and have put himself in his
power, for as the land & men will be mine according to law,
it will be on the moral more than the political sanction that
he will depend for his security.

Upon the supposition of my
furnishing no part of the capital, he offered himself to furnish
the whole or any part and that the profits shall be equally divided,
after 10 p.ct being first paid for the interest of the capital.
so that were I to put in a part of the capital I should have 10 p ct
for it, if he supplies the whole he has the 10 p ct for the whole.

I did not at the time object to this high interest, yet as I think
that outsets all obligation to him for his advancing the whole, it
will be but just that I should in some way or other turn to profit
my priviledges, which have pretentions to be set against his capital.
I may require a rent to be paid me out of the profits, and as the
lease would be but for a term of years not exceeding 15 at the expiration
of the lease and in my having paid the purchase money the estate will
be mine in its improved state. Besides in the lease I need only let out

Identifier: | JB/539/423/001 "JB/" can not be assigned to a declared number type with value 539.
Date_1	1783-10-01	Marginal Summary Numbering
Box	539	Main Headings
Folio number	423	Info in main headings field
Image	001	Titles
Category	Correspondence	Number of Pages
Recto/Verso		Page Numbering
Penner	Samuel Bentham	Watermarks
Marginals		Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number
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