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<head>§. Publication of the prices of commodities.</head> | <head>§. Publication of the prices of commodities.</head> | ||
<note>8. Price of commodities<lb/></note><p>Against Extortion in the way of trade:<lb/>[If the exaction of high <add>exorbitant</add> prices for commodities<lb/>or for labour can not <del>with</del> properly <del>t</del> be treated <add><sic>considerd</sic></add> as<lb/>an offence with a view to punishment, that exorbitancy itself may <add>at least</add> be <sic>consider'd</sic> as an evil,<lb/>which if it can be removed <add>cured</add> without incurring<lb/>greater evils, it would be eligible to remove <add>cure</add>.] Extortion<lb/> <add>of this kind</add> in the way of trade is a sort of offence, if<lb/>such we may term an act <del>which</del> that does not<lb/>admit of punishment, which can be combated<lb/><del>with | <note>8. Price of commodities<lb/></note><p>Against Extortion in the way of trade:<lb/>[If the exaction of high <add>exorbitant</add> prices for commodities<lb/>or for labour can not <del>with</del> properly <del>t</del> be treated <add><sic>considerd</sic></add> as<lb/>an offence with a view to punishment, that exorbitancy itself may <add>at least</add> be <sic>consider'd</sic> as an evil,<lb/>which if it can be removed <add>cured</add> without incurring<lb/>greater evils, it would be eligible to remove <add>cure</add>.] Extortion<lb/> <add>of this kind</add> in the way of trade is a sort of offence, if<lb/>such we may term an act <del>which</del> that does not<lb/>admit of punishment, which can be combated<lb/><del>with advantage</del> in the way of indirect legislation<lb/>or not at all. Happily it is that sort<lb/>of offence the mischief of which is lessened <del>in</del> <lb/>instead of being <sic>encreased</sic> <add>augmented</add> by the multitude of<lb/>the offenders. What then is there for the law<lb/>to do? this and this only <add>there needs no more</add> than to the <sic>encrease</sic> that<lb/>multitude as much as possible. Such or such an<lb/>article bears a high price: <add>a great profit is to be made by it</add> very well, let this<lb/>be known, [sellers from all quarters <add>flock together</add> to have a<lb/>share of it] sellers multiply, [competition takes<lb/>place] and the price sinks <add>is <sic>lower'd</sic></add>. | ||
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45
Indirect
Corpus delicti
Publishing prices
§. Publication of the prices of commodities.
8. Price of commodities
Against Extortion in the way of trade:
[If the exaction of high exorbitant prices for commodities
or for labour can not with properly t be treated considerd as
an offence with a view to punishment, that exorbitancy itself may at least be consider'd as an evil,
which if it can be removed cured without incurring
greater evils, it would be eligible to remove cure.] Extortion
of this kind in the way of trade is a sort of offence, if
such we may term an act which that does not
admit of punishment, which can be combated
with advantage in the way of indirect legislation
or not at all. Happily it is that sort
of offence the mischief of which is lessened in
instead of being encreased augmented by the multitude of
the offenders. What then is there for the law
to do? this and this only there needs no more than to the encrease that
multitude as much as possible. Such or such an
article bears a high price: a great profit is to be made by it very well, let this
be known, [sellers from all quarters flock together to have a
share of it] sellers multiply, [competition takes
place] and the price sinks is lower'd.
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Identifier: | JB/087/169/001"JB/" can not be assigned to a declared number type with value 87. |
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indirect legislation |
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169 |
indirect |
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jeremy bentham |
[[watermarks::gr [crown motif] [britannia with shield motif]]] |
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