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1822 June 25.
Junctiana Proposal
If, for example, the informationthat has been received
by the presence of the is correct, fifteen per cent
and more, and with an immediate return, may always be
made, of capital , in Mexico: while, by an English capitalist,
less than ten per cent, if placed upon a footing regarded
by him as an assured one, would be caught at: and, for
this, or something not more than this, if possessed of sufficient
means of living from other sources, he would even
be content to wait. For the establishment of the London
Docks for example, ten per cent was the maximum looked
forto: and this was long before the commencement
of the state of things, by which the profit, capable of being
expected from capital, has been of late years so much
reduced.
This point being determined upon, if the determination
be that a Joint Stck Company formed by capitalists
of all nations, foreigners as well as natives, shall
be resorted to, then comes the question about the portion of
territory, and the cession to be made of it.
If the only portion, that required to be ceded, were
the portion to be purchased, by the company, for the purpose
of communication - that is to say, the portion through which
the work would have to be carried on, thus far not great difficulty
presents itself: thus far, by the supposition, Mexico w
ould have her equivalent: the sacrifice would be such as she would
be prepared to make; the equivalent, one with which, by
the supposition, she would be satisfied.
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1822-06-25 |
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106 |
junctiana proposal |
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274 |
junctiana proposal |
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john flowerdew colls |
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34862 |
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