★ Find a new page to transcribe in our list of Untranscribed Manuscripts
No edit summary |
No edit summary |
||
| Line 2: | Line 2: | ||
<!-- ENTER TRANSCRIPTION BELOW THIS LINE --> | <!-- ENTER TRANSCRIPTION BELOW THIS LINE --> | ||
<p> <note> Annuity Notes</note></p> <p> <note> Ch. 8 Advantages<lb/> | <p> <note> Annuity Notes</note></p> <p> <note> Ch. 8 Advantages<lb/>Financial<lb/> Period 1<lb/> 1. Sale<lb/> 2 <lb/> <del> Calculation <add> is</add> impracticable</del> Under<lb/> several of the<lb/> above heads, exact<lb/> calculation is neither<lb/> practicable nor<lb/>necessary.</note></p> <p> If to prove the proposed measure to be an advantageous<lb/> one, and advantageous to a sufficient degree<lb/>to give it a claim to be carried into practice, it<lb/> were necessary to prove the <foreign>quantum</foreign> of the advantage,<lb/> or even to give a calculation that had pretension<lb/>to exactness, its claim to <add> chance for</add> adoption would be faint <add> weak</add><lb/> indeed. Happily for the plan, no such proof can<lb/> reasonably be required: whether the profit be £10,000,000<lb/> or no more than £10,000, still <del>supposing</del> <add> although</add><lb/> <del>that profit</del> <add> that advantage stood alone, yet supposing it to stand clear</add> clear and not <add> to be </add> <del>counterbalanced</del> be attended<lb/> with any degree of disadvantage capable of counter-balancing<lb/>it, the practical inference <add> the conduct indicated</add> would be just<lb/> the same. It would be worth adopting, though the<lb/> advantage were worth no more than £10,000: and <lb/> it could but be adopted, though the advantage were<lb/> worth 100 million or less the worth of the advantage.</p> | ||
<!-- DO NOT EDIT BELOW THIS LINE --> | <!-- DO NOT EDIT BELOW THIS LINE --> | ||
{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}} | ||
Annuity Notes
Ch. 8 Advantages
Financial
Period 1
1. Sale
2
Calculation is impracticable Under
several of the
above heads, exact
calculation is neither
practicable nor
necessary.
If to prove the proposed measure to be an advantageous
one, and advantageous to a sufficient degree
to give it a claim to be carried into practice, it
were necessary to prove the quantum of the advantage,
or even to give a calculation that had pretension
to exactness, its claim to chance for adoption would be faint weak
indeed. Happily for the plan, no such proof can
reasonably be required: whether the profit be £10,000,000
or no more than £10,000, still supposing although
that profit that advantage stood alone, yet supposing it to stand clear clear and not to be counterbalanced be attended
with any degree of disadvantage capable of counter-balancing
it, the practical inference the conduct indicated would be just
the same. It would be worth adopting, though the
advantage were worth no more than £10,000: and
it could but be adopted, though the advantage were
worth 100 million or less the worth of the advantage.
