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<p><note>Brouillion V 1799 Nov. 25</note></p>
<p><head>Extent, Effects</head></p>
<p>In existing prices<lb/>
of things vendible<lb/>
at each period<lb/>
are the results of<lb/>
the existing proportion<lb/>
between<lb/>
things vendible of<lb/>
all kinds <add>on the one hand</add> and<lb/>
(ready?) money<lb/>
of all kinds on<lb/>
the other.  Add to<lb/>
the quantity of<lb/>
things vendible<lb/>
without adding to<lb/>
the quantity of<lb/>
money, you make<lb/>
things cheaper:<lb/>
take from this quantity<lb/>
of things vendable<lb/>
without taking<lb/>
from the quantity<lb/> of money,<lb/>
you make things<lb/>
cheaper.</p>
<p>2<lb/>
Add to the quantity<lb/>
of money, without<lb/> adding to the<lb/>
quantity of things<lb/>
vendable, you make<lb/>
things dearer:<lb/>
take from the quantity<lb/>
of money, without<lb/>
taking from<lb/>
the quantity of<lb/>
things vendible<lb/>
you make things<lb/> cheaper. – There<lb/>
being less money<lb/>
to be had, a greater<lb/>
quantity of things<lb/>
vendible will be<lb/>
given to get <del>its</del><lb/>
such share of it<lb/>
as a man wants.</p>
<pb/>
<p><head>Disadvantages</head></p>
<p>3<lb/>
The disadvantages<lb/>
resulting from the<lb/>
increase <add>state of possession</add> of wealth<lb/>
in the shape of<lb/>
capital, are inseparable<lb/>
from the advantages:  or<lb/>
choice must be made:  and a<lb/>
choice is made<lb/>
notwithstanding<lb/>
the disadvantages,<lb/>
so is better the<lb/>
rates of capital<lb/>
to increase should<lb/>
be as the increase<lb/>
known as the declare
and such accordingly<lb/>
is the universal<lb/>
wish taking the<lb/>
matters in the<lb/>
lump:  though<lb/>
many speculatists<lb/>
observing the disadvantages<lb/>
without observing their<lb/>
necessary connection<lb/>
with the advantages<lb/>
may raise<lb/>
arguments for being<lb/>
dissatisfied with the<lb/>
general result.<lb/>
Witness the declaimers<lb/>
against inclosures &amp;c. &amp;c. <lb/>
against the improvement<lb/>
of land.</p>
<pb/>
<p><head>Disadvantages</head></p>
<p>4<lb/>
This state most<lb/>
to be desired, if is<lb/>
more capable of<lb/>
being brought to
pass is a state
exactly stationary:  but this is
altogether impossible.</p>
<p>5<lb/>
A state of advance<lb/>
is the effect<lb/>
and cause<lb/>
and <unclear>inseparable</unclear> accompaniment
of general prosperity. <lb/>
Nothing<lb/>
but adversity<lb/>
and calamity can reverse it:<lb/>
nothing but adversity<lb/>
and calamity can so<lb/>
much as stop<lb/>
it, and substitute<lb/>
a stationary<lb/>
state to a progressive<lb/>
one.</p>
<p>6.<lb/>
So long as men<lb/>
have their means<lb/>
new <add>individuals</add> will be buying<lb/>
up money for<lb/>
themselves and their<lb/>
families <add>children</add>, thus it<lb/>
is that the quantity<lb/>
of <unclear>capital</unclear><lb/>
in a country is<lb/>
continually on the<lb/>
increase.  Two<lb/>
things:  and two<lb/>
things only, prodigality<lb/>
and distress<lb/>
can either<lb/>
turn the increase<lb/>
into decrease – stop<lb/>
the increase, or<lb/>
so much as diminish<lb/>
it – Is<lb/>
either of them a<lb/>
<add>thing</add></p>
<pb/>
<p><head>Disadvantages</head></p>
<p>thing to be desired?<lb/>
If it were, no<lb/>
measure need to<lb/>
taken to bring it<lb/>
about:  since<lb/>
at any rate it is<lb/>
the worst <add>result</add> that<lb/>
can take place.</p>


''This Page Has Not Been Transcribed Yet''
7<lb/>
 
<p>The disadvantages<lb/>
 
attendant<lb/>
 
on the increase of<lb/>
wealth <add>continually</add> <unclear>nor</unclear> production<lb/>
of their<lb/>
own alleviations<lb/>
Marriage and<lb/>
the prospect of it<lb/>
makes men buy<lb/>
up money <add>wealth</add> for<lb/>
their children.<lb/>
Children, as they<lb/>
come into life<lb/>
cause a part<lb/>
of their money<lb/>
to be spent,<lb/>
cause a part of<lb/>
the heap of money<lb/>
to be eaten<lb/>
away – and<lb/>
as they come<lb/>
to the labouring<lb/>
age, keep adding<lb/>
<unclear>better</unclear> by<lb/>
their labour to<lb/>
the heap of<lb/>
vendible <hi rend="underline">things</hi>.</p>
8<lb/>
<p>The disadvantages<lb/>
attendant<lb/>
as a <hi rend="underline">state</hi> of <unclear>doctrine</unclear><lb/>
<add>are </add>productive<lb/>
if no alleviation,<lb/>
destruction of money<lb/>
– destruction<lb/>
of any other species<lb/>
of wealth, produces<lb/>
nothing but distress.</p>
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{{Metadata:{{PAGENAME}}}}{{Completed}}

Latest revision as of 16:51, 9 June 2023

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Brouillion V 1799 Nov. 25

Extent, Effects

In existing prices
of things vendible
at each period
are the results of
the existing proportion
between
things vendible of
all kinds on the one hand and
(ready?) money
of all kinds on
the other. Add to
the quantity of
things vendible
without adding to
the quantity of
money, you make
things cheaper:
take from this quantity
of things vendable
without taking
from the quantity
of money,
you make things
cheaper.

2
Add to the quantity
of money, without
adding to the
quantity of things
vendable, you make
things dearer:
take from the quantity
of money, without
taking from
the quantity of
things vendible
you make things
cheaper. – There
being less money
to be had, a greater
quantity of things
vendible will be
given to get its
such share of it
as a man wants.


---page break---

Disadvantages

3
The disadvantages
resulting from the
increase state of possession of wealth
in the shape of
capital, are inseparable
from the advantages: or
choice must be made: and a
choice is made
notwithstanding
the disadvantages,
so is better the
rates of capital
to increase should
be as the increase
known as the declare and such accordingly
is the universal
wish taking the
matters in the
lump: though
many speculatists
observing the disadvantages
without observing their
necessary connection
with the advantages
may raise
arguments for being
dissatisfied with the
general result.
Witness the declaimers
against inclosures &c. &c.
against the improvement
of land.


---page break---

Disadvantages

4
This state most
to be desired, if is
more capable of
being brought to pass is a state exactly stationary: but this is altogether impossible.

5
A state of advance
is the effect
and cause
and inseparable accompaniment of general prosperity.
Nothing
but adversity
and calamity can reverse it:
nothing but adversity
and calamity can so
much as stop
it, and substitute
a stationary
state to a progressive
one.

6.
So long as men
have their means
new individuals will be buying
up money for
themselves and their
families children, thus it
is that the quantity
of capital
in a country is
continually on the
increase. Two
things: and two
things only, prodigality
and distress
can either
turn the increase
into decrease – stop
the increase, or
so much as diminish
it – Is
either of them a
thing


---page break---

Disadvantages

thing to be desired?
If it were, no
measure need to
taken to bring it
about: since
at any rate it is
the worst result that
can take place.

7

The disadvantages
attendant
on the increase of
wealth continually nor production
of their
own alleviations
Marriage and
the prospect of it
makes men buy
up money wealth for
their children.
Children, as they
come into life
cause a part
of their money
to be spent,
cause a part of
the heap of money
to be eaten
away – and
as they come
to the labouring
age, keep adding
better by
their labour to
the heap of
vendible things.

8

The disadvantages
attendant
as a state of doctrine
are productive
if no alleviation,
destruction of money
– destruction
of any other species
of wealth, produces
nothing but distress.


Identifier: | JB/003/004/002"JB/" can not be assigned to a declared number type with value 3.

Date_1

Marginal Summary Numbering

Box

003

Main Headings

annuity notes

Folio number

004

Info in main headings field

Image

002

Titles

extent / dividend forbearance / trustees / navy prize agents

Category

rudiments sheet (brouillon)

Number of Pages

1

Recto/Verso

recto

Page Numbering

Penner

jeremy bentham

Watermarks

Marginals

Paper Producer

Corrections

Paper Produced in Year

Notes public

ID Number

19210001

Box Contents

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