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Novem: 1810
Prizes
The other arrangement consists in charging the trustee
with interest on his account with the principal: in
case the money is left necessarily at his disposal.
Of these that which keeps the hands of the Agent
empty is, as far as it goes in so far as it is practicable, evidently
the most eligible: by it that the mischief is prevented,
essentially prevented which in the other case it
palliated and so far as evidence sensibility to pecuniary interest is the cause of temptation by means equally simple and effectual.
In the other case, the operating in the shape of a penalty
the burthen of the interest charged, whatsoever be the rate fixt upon be the rate fixed upon what it will is in every instance exposed to
the danger of being either deficient or excessive.
Of itself this preventive method recipe of treatment is not
never sufficient in all cases. It Of itself it is good
Utmost rapacity, yes: but not against indolence: and of
the two rapacity is probably upon the whole the most
harmful and upon the whole the most prolific cause
apprehended mischief it is not the only one.
To render it capable of overswaying the sinister influence
indolence time of rase motive it will be necessary to arm it with
a penalty a penal infliction of the same sort as in the other case.
that is to postpone the time at which it shall
be lawful to the Agent to receive his own lawful
profit remuneration whatsoever it be till after the time when the
service that should be rendered by him has been resident, the time when the
principal or principals shall have received a proportionable
share of theirs.
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Identifier: | JB/547/091/001 "JB/" can not be assigned to a declared number type with value 547.
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1810-11-22 |
13-17 |
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547 |
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091 |
Prizes |
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001 |
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Text sheet |
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Jeremy Bentham |
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