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23 July 1801
Annuity Notes
Observations continued.
"Perpetual Annuities may suit great capit capitalists:
"but they seem to be all calculated
"for furnishing an investment for the earnings
"of the lower classes":–
Counter-Observations.
This proposition, being of the rainbow cast
is, like other tracts, scarce worth limiting through their its possible
meanings. Unapplied it amounts to nothing,
applied it involves the same mistake that went
before – it supposes the money to be "sunk".
The plain truth is – there are some exigencies
there are really are, for which it is necessary that capital should
be sunk:(a)
(a) Examples, taken
from Pauper Management
improved – pp.
167, 168, 169, 189.
Examples
1. Superannuation provision.
2. Widow provision i:e: superannuation provision.
there others for which it there are for which sunk sinking is not necessary.(b)
(b) Examples, taken from do.
1. Failure of employment-provisions
2. Sickness do.
Examples
3. Ostentatious burial do.
4. Child-maintenance do. – Even in some cases.
5. Marriage fund do.
Where it is not necessary, the institution
of the proposed paper would be an adequate
resource: where it is necessary, some further there those who there comes in the
institution with to be called necessity of some further institution as adapted to
the purpose: Here In of the now proposed system of Industry
Houses for example, in their proposed character of Frugality Banks, or the equally diffused
system (for such I suppose he would not be sorry it should be)
system of his Frugality Banks, branching off from
the General Globe Insurance office: – if a project
altogether unnoticed so little noticed as the former may be mentioned
in the same sentence with a plan⊞ ⊞ With a plan, I
say (for the Baronet
shall have his
choice of worlds –
the advantages
from good and bad
senses shall be all
his own –) with
a plan, which,
justly or unjustly, has somehow or other met with more notice
than was wished.
As to perpetual, Observations
not
Identifier: | JB/003/383/001"JB/" can not be assigned to a declared number type with value 3. |
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1801-07-23 |
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003 |
annuity notes |
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383 |
annuity notes |
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001 |
observations continued / counter-observations |
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text sheet |
1 |
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recto |
f20 |
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jeremy bentham |
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1793 |
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