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< | <head>1819 <sic>Decr.</sic> 24<lb/> | ||
Radicalism not dangerous</head> | |||
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<note>II. Nature of the case<lb/> | <p>+ + <note>II. Nature of the case</note><lb/> | ||
§.4.IV Property | 2 <note>§.4.IV Property in other shapes</note></p> | ||
<p>The sort of the fictitious <add><del>entity</del></add> subject matter thus alluded to<lb/> | <p>The sort of the fictitious <add><del>entity</del></add> subject matter thus alluded to<lb/> | ||
is a <hi rend="underline"> | is a <hi rend="underline">Government annuity</hi>: money or what passes<lb/> | ||
for money, undertaken to be paid by <add>the hand of</add> | for money, undertaken to be paid by <add>the hand of</add> Government <del>at</del> in<lb/> | ||
<add>certain portions, at certain</add> stated periods, <add>and that</add> for ever un till redeemed, in return for<lb/> | <add>certain portions, at certain</add> stated periods, <add>and that</add> for ever <sic>un till</sic> redeemed, in return for<lb/> | ||
money formerly received.</p> | money formerly received.</p> | ||
<p>This being but a particular species of debt —<lb/> | <p>This being but a particular species of debt —<lb/> | ||
a debt <del> | a debt <del>then of</del> payable in a <del>certain</del> <add>particular</add> manner, and<lb/> | ||
by a particular hand — the description thus given of it<lb/> | by a particular hand — the description thus given of it<lb/> | ||
will serve for < | will serve for <del>all <gap/> al</del> <add>all other debts — for</add> debts payable in all other<lb/> | ||
manners, <del>but</del> and by all other hands.</p> | manners, <del>but</del> and by all other hands.</p> | ||
<p>Of debts in any other shape, or <add>due</add> from | <p>Of debts in any other shape, or <add>due</add> from any other<lb/> | ||
hands, nothing need <add>on this occasion</add> <del> | hands, nothing need <add>on this occasion</add> <del>here</del> be <del>said</del> said: if the value<lb/> | ||
of property in this <add>particular</add> shape is seen to vanish before<lb/> | of property in this <add>particular</add> shape is seen to vanish before<lb/> | ||
the dividing hand, still more | the dividing hand, still more necessarily, if possible<lb/> | ||
will it be seen to do <add>so, </add> in any of these other shapes.</p> | will it be seen to do <add>so, </add> in any of these other shapes.</p> | ||
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in the case of property in the two other shapes have<lb/> | in the case of property in the two other shapes have<lb/> | ||
been seen: and in particular that which arises out of<lb/> | been seen: and in particular that which arises out of<lb/> | ||
the necessity, combined with the impossibility, <add>the process of</add> <hi rend="underline">valuation</hi>.<lb/> | the necessity, combined with the impossibility, of <add>the process of</add> <hi rend="underline">valuation</hi>.<lb/> | ||
< | <hi rend="superscript">[+]</hi> <note><hi rend="superscript">[+]</hi> Another confession<lb/> | ||
must here be made;<lb/> | must here be made;<lb/> | ||
namely, that none</note><lb/> | namely, that none</note> <del>None</del> of these difficulties <del>apply to</del> <add>have place in</add> the case <lb/> | ||
of a | of a Government annuity. By <del>a</del> <add>so</add> simple <del><gap/> instant</del><lb/> | ||
<add>an operation as that of an arithmetical</add> process, the whole mass of property in this shape<lb/> | |||
might, <add>as <del><gap/></del> every body sees at once, </add>be cut out into any number of shares: <add>and</add> < | might, <add>as <del><gap/></del> every body sees at once, </add>be cut out into any number of shares: <del>me</del> <add>and</add> <lb/> | ||
<add>this, taking for the number not merely that of</add><del> | <del>merely</del> <add>this, taking for the number not merely that of</add> the 12 millions assumed <del>in round</del> <add>at a round</add> number<lb/> | ||
to < | to <unclear>take</unclear> pen and labour, but the exact number of<lb/> | ||
inhabitants | inhabitants <add>existing</add> in the country, at the close of any given<lb/> | ||
day, whatever that day, and that < | day, whatever that day, and that <unclear>number</unclear> might<lb/> | ||
happen | happen to be.</p> | ||
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{{Metadata:{{PAGENAME}}}}{{ | {{Metadata:{{PAGENAME}}}}{{Completed}} |
1819 Decr. 24
Radicalism not dangerous
+ + II. Nature of the case
2 §.4.IV Property in other shapes
The sort of the fictitious entity subject matter thus alluded to
is a Government annuity: money or what passes
for money, undertaken to be paid by the hand of Government at in
certain portions, at certain stated periods, and that for ever un till redeemed, in return for
money formerly received.
This being but a particular species of debt —
a debt then of payable in a certain particular manner, and
by a particular hand — the description thus given of it
will serve for all al all other debts — for debts payable in all other
manners, but and by all other hands.
Of debts in any other shape, or due from any other
hands, nothing need on this occasion here be said said: if the value
of property in this particular shape is seen to vanish before
the dividing hand, still more necessarily, if possible
will it be seen to do so, in any of these other shapes.
The difficulties that stand in the way of division
in the case of property in the two other shapes have
been seen: and in particular that which arises out of
the necessity, combined with the impossibility, of the process of valuation.
[+] [+] Another confession
must here be made;
namely, that none None of these difficulties apply to have place in the case
of a Government annuity. By a so simple instant
an operation as that of an arithmetical process, the whole mass of property in this shape
might, as every body sees at once, be cut out into any number of shares: me and
merely this, taking for the number not merely that of the 12 millions assumed in round at a round number
to take pen and labour, but the exact number of
inhabitants existing in the country, at the close of any given
day, whatever that day, and that number might
happen to be.
Identifier: | JB/137/118/001"JB/" can not be assigned to a declared number type with value 137. |
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1819-12-24 |
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137 |
radicalism not dangerous |
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118 |
radicalism not dangerous |
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001 |
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text sheet |
1 |
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recto |
e2 |
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jeremy bentham |
[[watermarks::[prince of wales feathers] i&m 1816]] |
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arthur wellesley, duke of wellington |
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1816 |
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46835 |
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