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1822 June 25.
Junctiana Proposal
IN Mexico, should a persuasion to this effect have already been obtained possession of men'd minds, a proposal such as the present seems to have no great prospect of finding acceptance. The probability however seems to be on the negative side. 1 The first point on which this part of the question will turn is-what is the quantity of capital that will be requisite? As to this point, every thing is, it must be confessed, in utter darkness. Estimate being as yet altogether out of the question, what remains is loose conjecture and without any thing but the general nature of the enterprize for its ground, on this ground, no professional man would, it is believed, set the expence as less than several millions of pounds Sterling: between four and five times as many dollars. Whatsoever be the amount, thus much is however certain - that the expenditure would require to be kept, ???running on-running on for a length of time probably for several years, before any the least return for the money could be received. THat any such sum should be raised by taxes, raised by Government in its infant and as yet unsettled stats, by taxes over and above all that will be requisite for carrying on the ordinary business of Government, is an expectation, of a result which upon the face of it does not seem probable. As to the capital, to be raised without taxes,- a capital, to be furnished by a Joint Stock Company, having for its members, to an exclusive and principal amount, individuals belonging to the state of Mexicon the formation of any such company depends upon two conditions: 1. Upon the existence of capital, to such an amount, at the disposal of individuals:-
Identifier: | JB/106/273/001"JB/" can not be assigned to a declared number type with value 106. |
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1822-06-25 |
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106 |
junctiana proposal |
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273 |
junctiana proposal |
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001 |
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copy/fair copy sheet |
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recto |
d9 / e2 |
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john flowerdew colls |
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34861 |
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