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JB/550/257/001

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(31)

were no more than £300,000 concerned would be
ten years. True it is that in the future years when the
building season would be entire, the pace of expenditure would
be less slow: but at the rate which has been customary in
under the direction of my Brother, a Panopticon was but a few
years ago actually erected at Petersburgh and by his official
situation at the Navy Board, he has occasion to keep himself
in this country with the current prices.

If the contract plan were preserved wheresoever and the
sum settled by the estimate, I would for the purpose of rendering
it manifestly my interest to keep within the estimate,
bind myself to pay, for any penny expended above the estimate
a sort of extrà of penal rent, payable out of the profits.

Here, my Lord, is a real test of sincerity. This on all
occasions is my test. Who else is there that will abide it.
Not Honourable gentlemen. No, my Lord they will
call it speculative: and that as well as any other world
where gentlemen have power serves instead of reason, and is
deemed sufficient: or, if not, some such word as Jacobinical
may be added.

If according to an offer made below, the contract plan
were to be given up, true it is that among other disadvantageous
effects of such a rescission the possibility of affording this sort
of pecuniary security would be done away. In this case


Identifier: | JB/550/257/001
"JB/" can not be assigned to a declared number type with value 550.

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550

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257

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001

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