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<p><note> | <p><note>Brouillion V 1799 Nov. 25</note></p> | ||
<p><head>Extent, Effects</head></p> | <p><head>Extent, Effects</head></p> | ||
<p>In existing | <p>In existing prices<lb/> | ||
of things vendible<lb/> | of things vendible<lb/> | ||
at each period<lb/> | at each period<lb/> | ||
Line 27: | Line 27: | ||
you make things<lb/> | you make things<lb/> | ||
cheaper.</p> | cheaper.</p> | ||
<p>2<lb/> | <p>2<lb/> | ||
Add to the quantity<lb/> | Add to the quantity<lb/> | ||
Line 70: | Line 69: | ||
matters in the<lb/> | matters in the<lb/> | ||
lump: though<lb/> | lump: though<lb/> | ||
many | many speculatists<lb/> | ||
observing the disadvantages<lb/> | observing the disadvantages<lb/> | ||
without observing their<lb/> | without observing their<lb/> | ||
necessary | necessary connection<lb/> | ||
with the advantages<lb/> | |||
may raise<lb/> | may raise<lb/> | ||
arguments for being<lb/> | arguments for being<lb/> | ||
Line 84: | Line 83: | ||
of land.</p> | of land.</p> | ||
<pb/> | <pb/> | ||
<p><head>Disadvantages</head></p> | <p><head>Disadvantages</head></p> | ||
<p>4<lb/> | <p>4<lb/> | ||
Line 94: | Line 92: | ||
exactly stationary: but this is | exactly stationary: but this is | ||
altogether impossible.</p> | altogether impossible.</p> | ||
<p>5<lb/> | <p>5<lb/> | ||
A state of advance<lb/> | A state of advance<lb/> | ||
Line 111: | Line 108: | ||
state to a progressive<lb/> | state to a progressive<lb/> | ||
one.</p> | one.</p> | ||
<p>6.<lb/> | <p>6.<lb/> | ||
So long as men<lb/> | So long as men<lb/> | ||
Line 118: | Line 114: | ||
up money for<lb/> | up money for<lb/> | ||
themselves and their<lb/> | themselves and their<lb/> | ||
families <add>children</add> | families <add>children</add>, thus it<lb/> | ||
is that the quantity<lb/> | is that the quantity<lb/> | ||
of <unclear>capital</unclear><lb/> | of <unclear>capital</unclear><lb/> | ||
Line 136: | Line 132: | ||
<add>thing</add></p> | <add>thing</add></p> | ||
<pb/> | <pb/> | ||
<p><head>Disadvantages</head></p> | <p><head>Disadvantages</head></p> | ||
<p>thing to be desired?<lb/> | <p>thing to be desired?<lb/> | ||
Line 175: | Line 170: | ||
the heap of<lb/> | the heap of<lb/> | ||
vendible <hi rend="underline">things</hi>.</p> | vendible <hi rend="underline">things</hi>.</p> | ||
8<lb/> | 8<lb/> | ||
<p>The disadvantages<lb/> | <p>The disadvantages<lb/> | ||
attendant<lb/> | attendant<lb/> | ||
as a <hi rend="underline">state</hi> of < | as a <hi rend="underline">state</hi> of <unclear>doctrine</unclear><lb/> | ||
<add>are </add>productive<lb/> | <add>are </add>productive<lb/> | ||
if no alleviation,<lb/> | if no alleviation,<lb/> | ||
Line 187: | Line 181: | ||
of wealth, produces<lb/> | of wealth, produces<lb/> | ||
nothing but distress.</p> | nothing but distress.</p> | ||
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{{Metadata:{{PAGENAME}}}}{{ | {{Metadata:{{PAGENAME}}}}{{Completed}} |
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. |
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003 |
annuity notes |
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004 |
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002 |
extent / dividend forbearance / trustees / navy prize agents |
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rudiments sheet (brouillon) |
1 |
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recto |
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jeremy bentham |
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19210001 |
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