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<head>B</head>
<head>4 Political Prospects</head><!-- headings in pencil -->
 
<p><add>note</add><!-- added in pencil --> The <add>utmost</add> proportional benefit that the Revenue of each<lb/>
succeeding year can <unclear>draw</unclear> from the savings of any preceding<lb/>
year is &#x2014; not the whole amount of <del>those saving</del> the principal<lb/>
money laid up, but only a few centage upon the interest<lb/>
of that principal. <del>Let all</del> <add>Let</add> £10,000,000, the sum<lb/>
laid up by individuals in the course of the year 1798: <del><gap/></del> <lb/>
let 5 per cent be the rate of interest, and 20 per cent<lb/>
the proportion of the taxes of 1799 to the income of the<lb/>
same year. The benefit derivable <del>f</del> to the Revenue in<lb/>
1799 from the £10,000,000 laid up in 1798 will be<lb/>
&#x2014; not £10,000 &#x2014; nor yet £500,000, &#x2014; but only £100,000.</p>
 
<p>Those who infer the improbability <add>non-arrival <add>distance</add></add> of National <add>Public</add> Bankruptcy<lb/>
from the continuance of national accumulation, and<lb/>
those who from the apparent <add>danger <add>probability</add></add> unavoidableness of National <add>Public</add><lb/>
Bankruptcy infer the ruin <add>arrival of National ruin</add> of the Nation including<lb/>
if it means anything the cessation of that accumulation,<lb/>
are equally <del>mistaken</del> under a mistake.</p>
 






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Revision as of 13:09, 23 April 2013

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B 4 Political Prospects

note The utmost proportional benefit that the Revenue of each
succeeding year can draw from the savings of any preceding
year is — not the whole amount of those saving the principal
money laid up, but only a few centage upon the interest
of that principal. Let all Let £10,000,000, the sum
laid up by individuals in the course of the year 1798:
let 5 per cent be the rate of interest, and 20 per cent
the proportion of the taxes of 1799 to the income of the
same year. The benefit derivable f to the Revenue in
1799 from the £10,000,000 laid up in 1798 will be
— not £10,000 — nor yet £500,000, — but only £100,000.

Those who infer the improbability non-arrival <add>distance</add> of National Public Bankruptcy
from the continuance of national accumulation, and
those who from the apparent danger <add>probability</add> unavoidableness of National Public
Bankruptcy infer the ruin arrival of National ruin of the Nation including
if it means anything the cessation of that accumulation,
are equally mistaken under a mistake.





Identifier: | JB/107/171/001"JB/" can not be assigned to a declared number type with value 107.

Date_1

Marginal Summary Numbering

Box

107

Main Headings

Folio number

171

Info in main headings field

political prospects

Image

001

Titles

note

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

e4

Penner

jeremy bentham

Watermarks

Marginals

Paper Producer

Corrections

Paper Produced in Year

Notes public

ID Number

35162

Box Contents

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