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<p>"Hulk Plan, and for every other year and for little more<lb/> "than half that <sic>expence</sic>." This was the proposition<lb/> acceded to: not a syllable, so much as hinted, about<lb/> refunding any part of the money: M<hi rend='superscript'>r</hi> <sic>Bentham's</sic><lb/> having the Land in Fee Simple was incompatible<lb/> with it. <sic>Afterwards</sic> it appeared that before the<lb/> Proposal had been given in, the <sic>expence</sic> of the<lb/> <unclear>Hulk</unclear> Plan had been reduced to <!-- pound sterling symbol -->21,000: but the<lb/> demand of the <!-- pound symbol --> 27,000 having been made and acceded<lb/> to, the reduction made no difference with regard<lb/> to M<hi rend='superscript'>r</hi> <sic>Bentham's</sic> treaty, nor was any notice<lb/> ever taken of it. Had the Hulk price been<lb/> what the only documents then public shewed it<lb/> to be, Government would have got an annuity of<lb/> <!-- pound symbol -->9000 a year for nothing: to say nothing of the<lb/> many other advantages to the public, most of them<lb/> attended with correspondent <sic>burthens</sic> to M<hi rend='superscript'>r</hi> <sic>Betham</sic><lb/> As it was, they had <!-- pound symbol -->6000 to pay for this <lb/> annuity of <!-- pound symbol --> 9000. (<!-- pound symbol --> 6000 being the difference<lb/> betwixt the <!-- pound symbol --> 27,000 and the <!-- pound symbol -->21,000.) Such is<lb/> the hardship to Government. Suppose the Annuity<lb/> <del>to be</del> postponed for two years instead of one, then<lb/> the bargain is still more advantageous to Government,<lb/> than if it had obtained gratis an annuity to the<lb/> same amount, but of that <hi rend='underline'>retarded</hi> commencement.<lb/> It was on this latter basis that M<hi rend='superscript'>r</hi> Bentham | |||
<add>grounded</add><lb/> </p> | |||
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{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}}{{Completed}} | ||
"Hulk Plan, and for every other year and for little more
"than half that expence." This was the proposition
acceded to: not a syllable, so much as hinted, about
refunding any part of the money: Mr Bentham's
having the Land in Fee Simple was incompatible
with it. Afterwards it appeared that before the
Proposal had been given in, the expence of the
Hulk Plan had been reduced to 21,000: but the
demand of the 27,000 having been made and acceded
to, the reduction made no difference with regard
to Mr Bentham's treaty, nor was any notice
ever taken of it. Had the Hulk price been
what the only documents then public shewed it
to be, Government would have got an annuity of
9000 a year for nothing: to say nothing of the
many other advantages to the public, most of them
attended with correspondent burthens to Mr Betham
As it was, they had 6000 to pay for this
annuity of 9000. ( 6000 being the difference
betwixt the 27,000 and the 21,000.) Such is
the hardship to Government. Suppose the Annuity
to be postponed for two years instead of one, then
the bargain is still more advantageous to Government,
than if it had obtained gratis an annuity to the
same amount, but of that retarded commencement.
It was on this latter basis that Mr Bentham
grounded
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Identifier: | JB/115/111/002"JB/" can not be assigned to a declared number type with value 115. |
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115 |
panopticon |
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111 |
panopt. |
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002 |
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collectanea |
4 |
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recto |
f3 / f4 / f5 / f6 |
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37486 |
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