The Gallery of Portraits: with Memoirs. Volume 7 (of 7)Malkin, Arthur Thomas
History
The Gallery of Portraits: with Memoirs. Volume 7 (of 7)
Malkin, Arthur Thomas
Biography
After leaving Oxford, Mr. Bentham became a member of Lincoln’s Inn, and
in 1772 was called to the bar. The connexions of his father afforded to
him a very favourable prospect of professional advancement, which was
greatly extended by his own extraordinary habits of industry. But he was
repelled from the practice of the law by the moral sacrifices which he
conceived it to require, and by the impossibility of combining it with
speculative pursuits. He continued, however, a member of Lincoln’s Inn,
of which society he became a bencher in 1817. In the year 1785 he left
England for nearly three years, and, after proceeding through France and
part of Italy, went on to Smyrna and Constantinople, through Bulgaria,
Wallachia, and Moldavia, and joined his brother, afterwards Sir Samuel
Bentham, then a lieutenant-colonel in the service of the Emperor of
Russia, at Crichoff, in White Russia. At Crichoff he wrote his
celebrated letters in defence of usury, which very shortly and
accurately expound the principles upon which loans of money are
effected, and the impolicy of laws regulating the amount of interest at
which loans may be made. When these letters were published, the subject
was surrounded with every kind of prejudice, and both judges of our
courts of law and moral writers had treated excessive rates of interest
as highly censurable and immoral. On this question however, as upon
several others, Mr. Bentham preceded his age. Long before he died, his
opinions upon usury were supported by the great body of mercantile men,
the nature of whose business was once considered hostile to any
alteration in the laws regulating rate of interest. His principles have
not as yet been fully adopted by the legislature, but he lived to see
several acts of parliament passed, in which they were very extensively
acted upon. It was also at Crichoff that the letters which subsequently
formed the greater portion of his work entitled Panopticon, proposing a
systematic plan for the construction and general administration of
prisons, were written. The suggestions it contained were afterwards
formally submitted by him to Mr. Pitt, who readily acknowledged their
importance and his willingness to carry them into effect. Difficulties,
however, occurred; and though the Milbank Penitentiary was the result of
Mr. Pitt’s intercourse with Mr. Bentham, its plan is very different from
that which Mr. Bentham proposed; its arrangements are imperfect and have
been found, as was foreseen, very inadequate for its purposes, and it
was erected at a cost enormously exceeding that which would have
accompanied the execution of the original design.
Public-domain text, read in full here on John Shaqi.
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