1822 June 10

Economy

Part IV.

England as example

A form of government which has for its all comprehensive end in view

the greatest happiness of the greatest number has for its component and immediately

subordinate ends in view two: namely 1. Aptitude viz Appropriate official aptitude

maximized 2. Expence viz Expence of government minimized

In England the form of government has for its component and

immediately subordinate ends in view these three 1 Aptitude with reference to the

interest of the partnership maximized: 2. Aptitude with reference to the universal

interest in so far as the partnership is adverse to it minimized. 3. Expence, viz

Expence of Government maximized.

Out of the expence of government comes the profit to the Monarch and

his associates: the sum of the /that same/ profit encreases with the sum of the

expence: therefore it is that in this case it is the interest and thence the

principal subordinate end of government that that expence be maximized.

Part IV

Illustrtation in /by/ the way of Contrast. Immediately Subordinate

end aimed /pursued/ under a Government having for its end in view the greatest

happiness of a partnership composed of a Monarch and his associates in power /the

Monarch in a mixt Monarchy/: namely 1. Expence of Government /Official Expence/

maximized: 2. Official Aptitude minimized. A Government of this sort exemplified in

the case of England.

Good Government illustrated by its opposite /Misgovernment/. Outline

of English Government.

Misgovernment exemplified. England the example.