JB/087/130/004

Click Here To Edit

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.

Identifier: | JB/087/130/004"JB/" can not be assigned to a declared number type with value 87.
Date_1		Marginal Summary Numbering	14-18
Box	087	Main Headings	indirect legislation
Folio number	130	Info in main headings field	indirect legislation
Image	004	Titles	note / note
Category	text sheet	Number of Pages	4
Recto/Verso	recto	Page Numbering	f13 / f14 / f15 / f16
Penner	jeremy bentham	Watermarks	[[watermarks::r williams [britannia with shield emblem]]]
Marginals	jeremy bentham	Paper Producer	c. hamilton
Corrections		Paper Produced in Year
Notes public		ID Number	27655
Box Contents