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<!-- this page is crossed through in pencil --> <head>1828. <sic>Nov<hi rend="superscript">r.</hi></sic> 19. 5</head> <!-- in pencil --> <p>5.</p> <p> Capital by all accounts we shall have need<lb/> of, were it only for fortifications: Capital, wheresoever it<lb/> is to be had, and it is only in England that it is to be<lb/> found; at least in quantities adequate to such a purpose.<lb/> As to the means of communication, were that<Lb/> all that was wanted, by all accounts the local circumstances<lb/> are so favourable, that I should not despair<lb/> of it's being within the compass of our own resources,<lb/> especially if the circumstances of the times admitted<lb/> of a protracted course of expenditure. But in no<lb/> state <add>of things</add> would fortification be an object to be neglected;<lb/> and at present, now that the French government,<lb/> flaming with the most mischievous ambition, has<lb/> so keen an eye upon the object, the need of fortifications<lb/> has acquired an immediate and unprecedented<lb/> importance.] <!-- bracket in pencil --> To a company of English Capitalists, my<lb/> Government, if it takes my recommendation, a matter<lb/> which, in this particular I have little doubt of, would<lb/>cheerfully, in return for a sufficient quantity of capital<lb/> to be employed under joint direction, give up, in<lb/> private property, such extent of Country, as shall be<lb/> necessary and sufficient for maintaining the communication<lb/> in the most effectual manner, with political rights<lb/> for further security. On it's own behalf, all the stipulations<lb/> it would <del>be</del> make would be that the tolls<lb/>should be the same for all States, it's own not excepted,<lb/> and with such limits to the rate of toll, as<lb/> should prevent it's becoming excessive.   As to the equality<lb/> thus provided for, I need scarce mention to<lb/> you, Sir, that this equality in words would in effect<lb/> be <del>in</del> <add>a </add> preference to England: England, in virtue of<lb/> her capital, having had, and being at all times about<lb/> to have, so much more to gain by the junction than<lb/> any other State, not even excepting the United States,<lb/> notwithstanding their near neighbourhood; under<lb/> which circumstances, preference in words and<lb/> figures would be a sort of war against other nations:<lb/> and <hi rend="underline">that</hi> for the reason above given, a <lb/> useless one.</p> <p><add>Of</add></p>  
<!-- this page is crossed through in pencil --> <head>1828. <sic>Nov<hi rend="superscript">r.</hi></sic> 19. 5</head> <!-- in pencil --> <p>5.</p> <p> Capital by all accounts we shall have need<lb/> of, were it only for fortifications: Capital, wheresoever it<lb/> is to be had, and it is only in England that it is to be<lb/> found; at least in quantities adequate to such a purpose.<lb/> As to the means of communication, were that<lb/> all that was wanted, by all accounts the local circumstances<lb/> are so favourable, that I should not despair<lb/> of it's being within the compass of our own resources,<lb/> especially if the circumstances of the times admitted<lb/> of a protracted course of expenditure. But in no<lb/> state <add>of things</add> would fortification be an object to be neglected;<lb/> and at present, now that the French government,<lb/> flaming with the most mischievous ambition, has<lb/> so keen an eye upon the object, the need of fortifications<lb/> has acquired an immediate and unprecedented<lb/> importance.] <!-- bracket in pencil --> To a company of English Capitalists, my<lb/> Government, if it takes my recommendation, a matter<lb/> which, in this particular I have little doubt of, would<lb/>cheerfully, in return for a sufficient quantity of capital<lb/> to be employed under joint direction, give up, in<lb/> private property, such extent of Country, as shall be<lb/> necessary and sufficient for maintaining the communication<lb/> in the most effectual manner, with political rights<lb/> for further security. On it's own behalf, all the stipulations<lb/> it would <del>be</del> make would be that the tolls<lb/>should be the same for all States, it's own not excepted,<lb/> and with such limits to the rate of toll, as<lb/> should prevent it's becoming excessive. As to the equality<lb/> thus provided for, I need scarce mention to<lb/> you, Sir, that this equality in words would in effect<lb/> be <del>in</del> <add>a </add> preference to England: England, in virtue of<lb/> her capital, having had, and being at all times about<lb/> to have, so much more to gain by the junction than<lb/> any other State, not even excepting the United States,<lb/> notwithstanding their near neighbourhood; under<lb/> which circumstances, preference in words and<lb/> figures would be a sort of war against other nations:<lb/> and <hi rend="underline">that</hi> for the reason above given, a <lb/> useless one.</p> <p><add>Of</add></p>  




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1828. Novr. 19. 5

5.

Capital by all accounts we shall have need
of, were it only for fortifications: Capital, wheresoever it
is to be had, and it is only in England that it is to be
found; at least in quantities adequate to such a purpose.
As to the means of communication, were that
all that was wanted, by all accounts the local circumstances
are so favourable, that I should not despair
of it's being within the compass of our own resources,
especially if the circumstances of the times admitted
of a protracted course of expenditure. But in no
state of things would fortification be an object to be neglected;
and at present, now that the French government,
flaming with the most mischievous ambition, has
so keen an eye upon the object, the need of fortifications
has acquired an immediate and unprecedented
importance.] To a company of English Capitalists, my
Government, if it takes my recommendation, a matter
which, in this particular I have little doubt of, would
cheerfully, in return for a sufficient quantity of capital
to be employed under joint direction, give up, in
private property, such extent of Country, as shall be
necessary and sufficient for maintaining the communication
in the most effectual manner, with political rights
for further security. On it's own behalf, all the stipulations
it would be make would be that the tolls
should be the same for all States, it's own not excepted,
and with such limits to the rate of toll, as
should prevent it's becoming excessive. As to the equality
thus provided for, I need scarce mention to
you, Sir, that this equality in words would in effect
be in a preference to England: England, in virtue of
her capital, having had, and being at all times about
to have, so much more to gain by the junction than
any other State, not even excepting the United States,
notwithstanding their near neighbourhood; under
which circumstances, preference in words and
figures would be a sort of war against other nations:
and that for the reason above given, a
useless one.

Of



Identifier: | JB/060/073/001"JB/" can not be assigned to a declared number type with value 60.

Date_1

1823-11-19

Marginal Summary Numbering

Box

060

Main Headings

Folio number

073

Info in main headings field

Image

001

Titles

Category

correspondence

Number of Pages

1

Recto/Verso

recto

Page Numbering

c5 / d5

Penner

john flowerdew colls

Watermarks

j whatman turkey mill 1822

Marginals

Paper Producer

jonathan blenman

Corrections

jeremy bentham

Paper Produced in Year

1822

Notes public

draft letter mentioned in letter 3019, vol. 11

ID Number

19631

Box Contents

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