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<p><head>S.6. Contractor's own expected rate of profit</head><lb/>in whose Case there seems no reason why the case, at<lb/> which, for the purpose of the per Centage to be paid<lb/> to them by me as above, their Labour would have<lb/> been valued, should have <hi rend="underline">exceeded the ordinary rate<lb/> of the Wages of Labour-</hi>  if to this profit, as above, upon<lb/> the labour of the several hands, be moreover added-<lb/> the profit, which, in every profitable Manufacturing<lb/> Concern, the <hi rend="underline">Master Manufacturer</hi> makes <hi rend="underline">as such,</hi><lb/> it will not I am inclined to thin appear<lb/> unreasonable, if from all these sources of additional<lb/> or extra profit, taken together, the aggregate profit<lb/> should be considered as promising to constitute a<lb/> sufficient set off against the 1/4 of Earnings, so engaged<lb/> to be allowed as aforesaid.</p>
 
<p>But, if to my Arbitrators it should appear otherwise, &#x2014;<lb/> and even so far otherwise, that it should not appear<lb/> proper to them to set down <hi rend="underline">any thing</hi> to the score of<lb/> profit on <hi rend="underline">any one</hi> of these three <hi rend="underline">additional</hi> or <hi rend="underline">extra<lb/> Account</hi>s; <add>-</add> in which Case the 25 per Cent would have<lb/> to be deduced from the whole amount of the ensuing<lb/>estimate of "<hi rend="underline">damage by the nonfulfillment of the Contract",</hi><lb/> to <hi rend="underline">me</hi> for the reason already intimated, it would not<lb/> make any practical difference.</p>
 
<p>In the sums thus brought to view in the character<lb/> of <hi rend="underline">Elementary</hi> parts of the expected profit, I cannot, I<lb/>must confess, so long as they are considered one by one,<lb/> conceive, how there should be any thing capable of<lb/> producing in any judicious mind a judgment of<lb/> disbelief, or so much as an emotion of <sic>surprize</sic>. But<lb/>when they are brought together, and by the successive<lb/> application of two such large Multipliers as those which<lb/> out of all dispute belong, as will now be seen, to the<lb/> present Case, <del>and</del> made up into a <hi rend="underline">Total,</hi> then it is-<lb/> that the <hi rend="underline">Imagination</hi> will, upon a first Glance,  be but too<lb/> apt to make a Start, and, though without any assignable</p>


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Revision as of 00:38, 26 October 2013

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S.6. Contractor's own expected rate of profit
in whose Case there seems no reason why the case, at
which, for the purpose of the per Centage to be paid
to them by me as above, their Labour would have
been valued, should have exceeded the ordinary rate
of the Wages of Labour-
if to this profit, as above, upon
the labour of the several hands, be moreover added-
the profit, which, in every profitable Manufacturing
Concern, the Master Manufacturer makes as such,
it will not I am inclined to thin appear
unreasonable, if from all these sources of additional
or extra profit, taken together, the aggregate profit
should be considered as promising to constitute a
sufficient set off against the 1/4 of Earnings, so engaged
to be allowed as aforesaid.

But, if to my Arbitrators it should appear otherwise, —
and even so far otherwise, that it should not appear
proper to them to set down any thing to the score of
profit on any one of these three additional or extra
Account
s; - in which Case the 25 per Cent would have
to be deduced from the whole amount of the ensuing
estimate of "damage by the nonfulfillment of the Contract",
to me for the reason already intimated, it would not
make any practical difference.

In the sums thus brought to view in the character
of Elementary parts of the expected profit, I cannot, I
must confess, so long as they are considered one by one,
conceive, how there should be any thing capable of
producing in any judicious mind a judgment of
disbelief, or so much as an emotion of surprize. But
when they are brought together, and by the successive
application of two such large Multipliers as those which
out of all dispute belong, as will now be seen, to the
present Case, and made up into a Total, then it is-
that the Imagination will, upon a first Glance, be but too
apt to make a Start, and, though without any assignable



Identifier: | JB/122/474/002"JB/" can not be assigned to a declared number type with value 122.

Date_1

Marginal Summary Numbering

Box

122

Main Headings

Panopticon

Folio number

474

Info in main headings field

Image

002

Titles

Category

Copy/fair copy sheet

Number of Pages

2

Recto/Verso

Recto"Recto" is not in the list (recto, verso) of allowed values for the "Rectoverso" property.

Page Numbering

F27 / F28

Penner

Watermarks

C WILMOTT 1811

Marginals

Paper Producer

Andreas Louriottis

Corrections

Jeremy Bentham

Paper Produced in Year

Notes public

ID Number

002

Box Contents

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