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<note>4 N.S. Wales</note><!-- notes in pencil --> | <note>4 N.S. Wales</note><!-- notes in pencil --> | ||
<!-- There is a large cross in pencil through the entire page -->The <sic>expence</sic> on the <add>Note.</add><!-- in pencil --> Kings Ships (Sirius, Supply<lb/> | <!-- There is a large cross in pencil through the entire page --><p>The <sic>expence</sic> on the <add>Note.</add><!-- in pencil --> Kings Ships (Sirius, Supply<lb/> | ||
Tender, Guardian and Gorgon) having ceased at<lb/> | Tender, Guardian and Gorgon) having ceased at<lb/> | ||
an early part of the period <del>partly</del> (by <unclear>wreck</unclear> or other<lb/> | an early part of the period <del>partly</del> (by <unclear>wreck</unclear> or other<lb/> | ||
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House, <del>the</del> <add>any</add> <sic>expences</sic> resulting from <del><unclear>this</unclear></del> be a defect<lb/> | House, <del>the</del> <add>any</add> <sic>expences</sic> resulting from <del><unclear>this</unclear></del> be a defect<lb/> | ||
in the foundation <del>must</del> <add>would be to</add> be carried to the account<lb/> | in the foundation <del>must</del> <add>would be to</add> be carried to the account<lb/> | ||
of the capital expended on the Building. | of the capital expended on the Building. Vessels<lb/> | ||
being so much less durable than Houses, and<lb/> | |||
the <sic>expences</sic> of repair and renewal so much<lb/> | |||
greater, a proportionably higher rate of interest<lb/> | |||
must be allowed for capital disbursed in the<lb/> | |||
former case than on the latter.</p> | |||
The same observation applies to the Ships<lb/> | |||
Reliance and Supply purchased for this<lb/> | |||
<sic>burthen</sic> actually felt in the year 1797 this<lb/> | |||
average article of £11,718: 8<hi rend='superscript'>s</hi>: 8 1/2<hi rend='superscript'>d</hi> could not with<lb/> | |||
propriety be inserted: but the propriety of the insertion<lb/> | |||
is unimpeachable in an estimate in which<lb/> | |||
the <sic>expence</sic> of this year is given as a sample <add>basis</add> <lb/> | |||
<add>of calculation for</add> of what may be expected in regard to the <sic>expence</sic><lb/> | |||
of future years. | |||
Polit Prospect 6
Expence of Punishment 4 N.S. Wales
The expence on the Note. Kings Ships (Sirius, Supply
Tender, Guardian and Gorgon) having ceased at
an early part of the period partly (by wreck or other
causes) it may seem that this part portion of the expence
ought not in any part of it to be carried to the
account of any years subsequent to the times of
their having having respectively ceased to be employ'd,
much less to the account of any now future
years as yet to come. But these being expences
attending the foundation of the Colony must be
carried on for a proportionable part of its subsequent
existence: as in the case of a Penitentiary
House, the any expences resulting from this be a defect
in the foundation must would be to be carried to the account
of the capital expended on the Building. Vessels
being so much less durable than Houses, and
the expences of repair and renewal so much
greater, a proportionably higher rate of interest
must be allowed for capital disbursed in the
former case than on the latter.
The same observation applies to the Ships
Reliance and Supply purchased for this
burthen actually felt in the year 1797 this
average article of £11,718: 8s: 8 1/2d could not with
propriety be inserted: but the propriety of the insertion
is unimpeachable in an estimate in which
the expence of this year is given as a sample basis
of calculation for of what may be expected in regard to the expence
of future years.
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