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<head>Indirect Legislation § 10</head> | <head>Indirect Legislation § 10</head> | ||
<p><add>-perfect</add> one: since the premium must at any rate<lb/>be paid; which is incurring a certain <del>l</del> to save<lb/>one's self from an uncertain loss.<lb/></p><head>18</head><note>Insurance by <lb/>the State<lb/>18<lb/>3. throwing it<lb/>on the public:<lb/>which reduces it<lb/>into impalpable<lb/>parcels.<lb/></note>These considerations make it expedient <add>a matter to be wished for</add> , in one<lb/>point of view at least, that <add>against</add> all losses, which are<lb/>liable to come upon a man unexpectedly &<lb/>without his default, <add>the state itself were to take upon itself</add> the <sic>burthen</sic> of insuranace. <hi rend="superscript">(b)</hi><lb/><del>should <add>were</add>.</del> The more contributors there are, <note>the estate of each being <lb/>given<lb/></note> the less<lb/>is the ratio which a given loss bears to the<lb/>means which <note>any given person <lb/>of them has<lb/></note> [each of them has] <add>any one they severally have</add> of <del>bearing</del> <add>sustaining</add> it: <lb/><note>and</note><!-- A horizontal line is drawn across the page --><note>Societies of insurance <lb/>against <lb/>crimes</note><!-- Note (a) continues here from page 130/003, and is followed by note (b) from this page -->NOTE<lb/><add>this</add> sort. But these are but of recent date: nor<lb/>do they extend to more than a <del>few</del> small part of the<lb/>whole number of offenses.<lb/><note>Objections to a <lb/>public insurance<lb/></note>(b) It will be observed, that on the other hand, a<lb/>public fund is more exposed to fraud<del>s</del> and dissipation <lb/>than a private one; in which <add>latter</add> the losses<lb/>coming home immediately to individuals, render<lb/>the motives <add>inducements</add> to vigilance and œconomy more<lb/>forcible than they can be <add>expected to be</add> in the other case. But<lb/>to enter into a comparative detail of the advantages<lb/>and disadvantages of the several institutions that<lb/>may come to be suggested, or to enquire into the<lb/><del><gap/></del> means that may be <sic>employ'd</sic> for removing the<lb/>disadvantages is not our business here.<lb/> | <p><add>-perfect</add> one: since the premium must at any rate<lb/>be paid; which is incurring a certain <del>l</del> to save<lb/>one's self from an uncertain loss.<lb/></p><head>18</head><note>Insurance by <lb/>the State<lb/>18<lb/>3. throwing it<lb/>on the public:<lb/>which reduces it<lb/>into impalpable<lb/>parcels.<lb/></note>These considerations make it expedient <add>a matter to be wished for</add> , in one<lb/>point of view at least, that <add>against</add> all losses, which are<lb/>liable to come upon a man unexpectedly &<lb/>without his default, <add>the state itself were to take upon itself</add> the <sic>burthen</sic> of insuranace. <hi rend="superscript">(b)</hi><lb/><del>should <add>were</add>.</del> The more contributors there are, <note>the estate of each being <lb/>given<lb/></note> the less<lb/>is the ratio which a given loss bears to the<lb/>means which <note>any given person <lb/>of them has<lb/></note> [each of them has] <add>any one they severally have</add> of <del>bearing</del> <add>sustaining</add> it: <lb/><note>and</note> | ||
<!-- A horizontal line is drawn across the page --> | |||
<note>Societies of insurance <lb/>against <lb/>crimes</note> | |||
<!-- Note (a) continues here from page 130/003, and is followed by note (b) from this page --> | |||
NOTE<lb/><add>this</add> sort. But these are but of recent date: nor<lb/>do they extend to more than a <del>few</del> small part of the<lb/>whole number of offenses.<lb/><note>Objections to a <lb/>public insurance<lb/></note>(b) It will be observed, that on the other hand, a<lb/>public fund is more exposed to fraud<del>s</del> and dissipation <lb/>than a private one; in which <add>latter</add> the losses<lb/>coming home immediately to individuals, render<lb/>the motives <add>inducements</add> to vigilance and œconomy more<lb/>forcible than they can be <add>expected to be</add> in the other case. But<lb/>to enter into a comparative detail of the advantages<lb/>and disadvantages of the several institutions that<lb/>may come to be suggested, or to enquire into the<lb/><del><gap/></del> means that may be <sic>employ'd</sic> for removing the<lb/>disadvantages is not our business here.<lb/> | |||
16
Indirect Legislation § 10
-perfect one: since the premium must at any rate
be paid; which is incurring a certain l to save
one's self from an uncertain loss.
18Insurance by
the State
18
3. throwing it
on the public:
which reduces it
into impalpable
parcels.
These considerations make it expedient a matter to be wished for , in one
point of view at least, that against all losses, which are
liable to come upon a man unexpectedly &
without his default, the state itself were to take upon itself the burthen of insuranace. (b)
should were. The more contributors there are, the estate of each being
given
the less
is the ratio which a given loss bears to the
means which any given person
of them has
[each of them has] any one they severally have of bearing sustaining it:
and
Societies of insurance
against
crimes
NOTE
this sort. But these are but of recent date: nor
do they extend to more than a few small part of the
whole number of offenses.
Objections to a
public insurance
(b) It will be observed, that on the other hand, a
public fund is more exposed to frauds and dissipation
than a private one; in which latter the losses
coming home immediately to individuals, render
the motives inducements to vigilance and œconomy more
forcible than they can be expected to be in the other case. But
to enter into a comparative detail of the advantages
and disadvantages of the several institutions that
may come to be suggested, or to enquire into the
means that may be employ'd for removing the
disadvantages is not our business here.
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Identifier: | JB/087/130/004"JB/" can not be assigned to a declared number type with value 87. |
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130 |
indirect legislation |
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jeremy bentham |
[[watermarks::r williams [britannia with shield emblem]]] |
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c. hamilton |
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27655 |
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