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<note>Abstract<lb/> | |||
Ch.XIII Partic. Interest</note> | |||
<p><hi rend="underline">Expressions</hi> however, and the momentary effect<lb/> | |||
they may have on the <hi rend="underline">imagination</hi> are <del><gap/></del><add>not</add><lb/> | |||
the proper standards of right and wrong in this <lb/> | |||
case any more than in any other. <del>case.</del><lb/> | |||
<hi rend="underline">Human feelings</hi> - and the effect of measures<lb/> | |||
upon those feelings <add><hi rend="underline">do</hi> constitute that</add> <del><gap/> the proper</del> standard<lb/> | |||
in so far as they can be <hi rend="underline">ascertained</hi>. A<lb/> | |||
stockholder is <add>as</add> much a <del>part</del> <add>member</add> of the commmunity-<lb/> | |||
as <del>much</del><add>great</add> a part of the community -<lb/> | |||
as <add>any other</add> <del>another part,</del> man. Such as his <hi rend="underline">expectations</hi><lb/> | |||
have <add><del>are</del></add> been, such will <del>be</del> his<lb/> | |||
feelings <add>be, </add> when the event takes place. <del><gap/></del> -<lb/> | |||
But what <hi rend="underline">have</hi> <add>been</add> his expectations <del>been</del>? - it is<lb/> | |||
from his <hi rend="underline">situation</hi> and that only - from<lb/> | |||
the terms of the contract by which his situation<lb/> | |||
in that respect is constituted - <del>is it</del><lb/> | |||
<del>possible to judge</del> that any judgement can be<lb/> | |||
formed.</p> | |||
<p><del>Thus stands it with regard to the public creditor,</del> <note><del>the Stockholder</del><lb/> | |||
who</note><lb/></p> | |||
—<lb/> | |||
<p>But though regard for <add>the interest of particular portions </add><del>particular interest</del><lb/> | |||
<add>of the community</add> will not prevail for the regulation of a measure<lb/> | |||
beneficial in a superior degree to the whole, <lb/> | |||
a view of the manner in which they <add>those interests</add> are affected<lb/> | |||
by it will not be without its use, were<lb/> | |||
it only <del>for</del> by way of warning of the obstacles<lb/> | |||
which would be combated in the course of<lb/> | |||
the exertions necessary to bring the measure<lb/> | |||
into effect.</p> | |||
—<lb/> | |||
<p>Thus</p><pb/> | |||
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{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}}{{Completed}} | ||
Abstract
Ch.XIII Partic. Interest
Expressions however, and the momentary effect
they may have on the imagination are not
the proper standards of right and wrong in this
case any more than in any other. case.
Human feelings - and the effect of measures
upon those feelings do constitute that the proper standard
in so far as they can be ascertained. A
stockholder is as much a part member of the commmunity-
as muchgreat a part of the community -
as any other another part, man. Such as his expectations
have are been, such will be his
feelings be, when the event takes place. -
But what have been his expectations been? - it is
from his situation and that only - from
the terms of the contract by which his situation
in that respect is constituted - is it
possible to judge that any judgement can be
formed.
Thus stands it with regard to the public creditor, the Stockholder
who
—
But though regard for the interest of particular portions particular interest
of the community will not prevail for the regulation of a measure
beneficial in a superior degree to the whole,
a view of the manner in which they those interests are affected
by it will not be without its use, were
it only for by way of warning of the obstacles
which would be combated in the course of
the exertions necessary to bring the measure
into effect.
—
Thus
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