FREE BOOKS

Author's List




PREV.   NEXT  
|<   699   700   701   702   703   704   705   706   707   708   709   710   711   712   713   714   715   716   717   718   719   720   721   722   723  
724   725   726   727   728   729   730   731   732   733   734   735   736   737   738   739   740   741   742   743   744   745   746   747   748   >>   >|  
An army of principles will penetrate where an army of soldiers cannot; it will succeed where diplomatic management would fail: it is neither the Rhine, the Channel, nor the Ocean that can arrest its progress: it will march on the horizon of the world, and it will conquer. MEANS FOR CARRYING THE PROPOSED PLAN INTO EXECUTION, AND TO RENDER IT AT THE SAME TIME CONDUCIVE TO THE PUBLIC INTEREST. I. Each canton shall elect in its primary assemblies, three persons, as commissioners for that canton, who shall take cognizance, and keep a register of all matters happening in that canton, conformable to the charter that shall be established by law for carrying this plan into execution. II. The law shall fix the manner in which the property of deceased persons shall be ascertained. III. When the amount of the property of any deceased person shall be ascertained, the principal heir to that property, or the eldest of the co-heirs, if of lawful age, or if under age the person authorized by the will of the deceased to represent him or them, shall give bond to the commissioners of the canton to pay the said tenth part thereof in four equal quarterly payments, within the space of one year or sooner, at the choice of the payers. One half of the whole property shall remain as a security until the bond be paid off. IV. The bond shall be registered in the office of the commissioners of the canton, and the original bonds shall be deposited in the national bank at Paris. The bank shall publish every quarter of a year the amount of the bonds in its possession, and also the bonds that shall have been paid off, or what parts thereof, since the last quarterly publication. V. The national bank shall issue bank notes upon the security of the bonds in its possession. The notes so issued, shall be applied to pay the pensions of aged persons, and the compensations to persons arriving at twenty-one years of age. It is both reasonable and generous to suppose, that persons not under immediate necessity, will suspend their right of drawing on the fund, until it acquire, as it will do, a greater degree of ability. In this case, it is proposed, that an honorary register be kept, in each canton, of the names of the persons thus suspending that right, at least during the present war. VI. As the inheritors of property must always take up their bonds in four quarterly payments, or sooner if they choose, there will always be _numeraire_ [cash
PREV.   NEXT  
|<   699   700   701   702   703   704   705   706   707   708   709   710   711   712   713   714   715   716   717   718   719   720   721   722   723  
724   725   726   727   728   729   730   731   732   733   734   735   736   737   738   739   740   741   742   743   744   745   746   747   748   >>   >|  



Top keywords:

persons

 

canton

 

property

 

deceased

 

commissioners

 

quarterly

 

register

 
payments
 
sooner
 
security

thereof

 

amount

 

possession

 

person

 

ascertained

 

national

 

suspending

 

present

 
deposited
 

original


publish

 

quarter

 

remain

 
choose
 

numeraire

 

registered

 

inheritors

 

office

 
compensations
 

arriving


drawing

 

issued

 

applied

 

pensions

 
suspend
 
necessity
 

suppose

 

reasonable

 

twenty

 

proposed


generous

 

publication

 

acquire

 

greater

 
degree
 

ability

 

honorary

 

lawful

 
EXECUTION
 

PROPOSED