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<p><head><del>Observations continued</del></head></p> | |||
<p>But "How could my Trustees" (<del>continues</del> <add>says</add> our<lb/> | |||
Man of Law) "convert consols <del>and giv</del> into Annuity Notes<lb/> | |||
"and give me authority to receive the annual interest, without,<lb/> | |||
"at the same time giving me the Annuity Notes which being<lb/> | |||
"payable to bearer would enable me to spend the principal?"</p> | |||
<p><del><head>Counter Observations</head> <add>spend the principal?</add></del></p> | |||
<p>Before I give you a direct answer to this question,<lb/> | |||
I will trouble him with a few <del>others</del> <add>more.</add><lb/> | |||
Has he <add>ever (I must ask him once more)</add> heard of such a place as Ireland?<lb/> | |||
Does he know or not know that in that country<lb/> | |||
<del>his</del> there is a <add>public</add> debt? Does he know or not know<lb/> | |||
that in that country till <del>t'other day</del> <add>a few years ago</add> that<lb/> | |||
debt had no other form than than of separate<lb/> | |||
<add>and portable</add> Notes called <hi rend="underline">Debentures</hi><hi rend="superscript"><del>⊞</del></hi> – issued some if not<lb/> | |||
all of them, for £100 – a sort of thing, like<lb/> | |||
India Bonds?<hi rend="superscript">⊞</hi> <note><hi rend="superscript">⊞</hi> that so late <del>as the</del><lb/> | |||
at any rate, as<lb/> | |||
the 2<hi rend="superscript">d</hi> of April 1800<lb/> | |||
and (for aught I<lb/> | |||
know to the present<lb/> | |||
day) above a fourth<lb/> | |||
part of it was in that form.<hi rend="superscript">+</hi><lb/> | |||
<hi rend="superscript">+</hi>Common Union Accounts 2<hi rend="underline">d</hi> Apr 1800. p.108.</note><lb/> | |||
Does he suppose that in<lb/> | |||
Ireland there are no such persons as<lb/> | |||
Trustees? or that the Debts of that country<lb/> | |||
to the amount of so many millions – could<lb/> | |||
have existed for such a length of time, and<lb/> | |||
no part if it have become the subject matter<lb/> | |||
of a trust? When he has fond an answer<lb/> | |||
to these questions, he will have found, that<lb/> | |||
even in this narrow <del><gap/> which</del> <add>part <del>see <gap/> part of the portion</del> of the case – <del><gap/></del> this <unclear>narrow</unclear> portion which</add> in his mind<lb/> | |||
had <del>collapsed been taken</del> <add><del>taken the place of</del> passed itself</add> for the whole, the objection,<lb/> | |||
even <add><del><gap/></del></add> before discussion, will have dwindled<lb/> | |||
into nothing.</p> | |||
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{{Metadata:{{PAGENAME}}}}{{ | {{Metadata:{{PAGENAME}}}}{{Completed}} | ||
Observations continued
But "How could my Trustees" (continues says our
Man of Law) "convert consols and giv into Annuity Notes
"and give me authority to receive the annual interest, without,
"at the same time giving me the Annuity Notes which being
"payable to bearer would enable me to spend the principal?"
Counter Observations spend the principal?
Before I give you a direct answer to this question,
I will trouble him with a few others more.
Has he ever (I must ask him once more) heard of such a place as Ireland?
Does he know or not know that in that country
his there is a public debt? Does he know or not know
that in that country till t'other day a few years ago that
debt had no other form than than of separate
and portable Notes called Debentures⊞ – issued some if not
all of them, for £100 – a sort of thing, like
India Bonds?⊞ ⊞ that so late as the
at any rate, as
the 2d of April 1800
and (for aught I
know to the present
day) above a fourth
part of it was in that form.+
+Common Union Accounts 2d Apr 1800. p.108.
Does he suppose that in
Ireland there are no such persons as
Trustees? or that the Debts of that country
to the amount of so many millions – could
have existed for such a length of time, and
no part if it have become the subject matter
of a trust? When he has fond an answer
to these questions, he will have found, that
even in this narrow which part see part of the portion of the case – this narrow portion which in his mind
had collapsed been taken taken the place of passed itself for the whole, the objection,
even before discussion, will have dwindled
into nothing.
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Identifier: | JB/003/483/001"JB/" can not be assigned to a declared number type with value 3. |
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1801-07-13 |
13 |
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003 |
manual of political economy |
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483 |
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001 |
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text sheet |
1 |
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verso |
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jeremy bentham |
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192100023 |
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