JB/003/179/001

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9 Decr 1801
Maximum

3. "The adoption of such a measure would
"not only assume that the actual price was
"much higher than the stock in hand warranted,
"but that the precise degree, in which it was
"higher could be ascertained. Now this we all
"know to be impossible."

Observations

This being a description, and no doubt a
faithful one of the idea of a maximum
in the substractive form in which it had presented stood depictured
in the mind itself to the Hon: Gentleman, in
that character the accuracy of it is incontestable.
It is neither impossible nor difficult to frame
an idea of a measure law, to which at the same time
that the name of a maximum law shall be
applicable with indisputable propriety, and which
shall at the same time be a most absurd,
and impracticable as well as mischievous measure.
That the maximum of the Hon: Gentleman's maximum –
the phantom which he has set up and
– is this and everything else he says
of it, is what I see no reason to dispute. What
am inclined to suspect is – that his maximum
is not the maximum of any one person who
has ever manifested his approbation of the sort of measure
characterizable by that name: – what I am certain
of is – that it is mine. What mine is
has been will be seen in another place.

Identifier: | JB/003/179/001"JB/" can not be assigned to a declared number type with value 3.
Date_1	1801-12-09	Marginal Summary Numbering
Box	003	Main Headings	manual of political economy
Folio number	179	Info in main headings field	maximum
Image	001	Titles	observations
Category	text sheet	Number of Pages	1
Recto/Verso	recto	Page Numbering	d1
Penner	jeremy bentham	Watermarks
Marginals		Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	1589
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