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23 Decr 1810
Prizes Acts 1805 1809
Nothing said of the de expences constituting deductions
Sect. 67. In this section the ground touched upon
forms is the most difficult part of the whole business:
viz. the intermediate account the account required to be rendered by
the Agent concerning the proceeds of the sale, and the antecedently
to the distribution which he is to make of them.
This What is here done supposes, and if it did not
find would create, and at any rate tends to enlarge
an interval between the receipt of the money by this
trustee and the payment of it to those his principals to
whom it is due. What is evident is that under in
so long as an Agent has the choice of his own Banker,
the longer this interval is or can be made, the greater
is the profit which he is enabled has it in his power to make.
If it had been an object with the penner of this Act
the consolidation Act of 1805 to to this give the profits give to
this profit at the expence of those to whom the money is due
the utmost possible encrease he could scarcely have devised
a course more conducive to that end than that which he
pursued.
Thus much for the consolidation Act: and as to
the amending Act, notwithstanding after all the toil and trouble expended
by the Right Honourable draughtsman upon other parts of
the mischief, that the principal part, remains untouched
and undiminished.
Identifier: | JB/547/310/001 "JB/" can not be assigned to a declared number type with value 547.
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Prizes. Acts 1805 1809 |
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Jeremy Bentham |
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