The Life of Sir Rowland Hill and the History of Penny Postage, Vol. 1 (of 2)Hill, Rowland, Sir
History
The Life of Sir Rowland Hill and the History of Penny Postage, Vol. 1 (of 2)
Hill, Rowland, Sir
Hill, Rowland, Sir, 1795-1879; Postal service -- Great Britain -- Rates
When he was first made a partner in the school, he recorded in his
Journal: “I do not know whether my father intends to give me a share of
the profits of the business, and I shall say nothing about it myself till
he can better afford it.” It would seem that for the next nine years
he altogether forgot to say anything about it, for it was not till the
time of his marriage that any division was made of the common stock.
The father and mother and the four sons who had been concerned in the
management of the school had hitherto lived like the early Christians:
“Neither said any of them that aught of the things which he possessed
was his own; but they had all things common.” “I suppose,” writes one
of the survivors of this band of brothers, “when any one was about to
incur a larger expense than usual, as for a long journey, he must have
mentioned the matter to the others, and so obtained at least a tacit
consent; but there was nothing formal in the matter, nor can I remember a
single discussion on the subject; for each knowing the family necessities
acted accordingly. Of any separate fund possessed by any single member
I have no recollection.” To hold property in common for many years would
generally put family concord to a severe strain. To divide it might,
perhaps, put it to one still more severe. Happily in the division that
now took place the strain was not felt. The second son, Edwin, who up to
this time had had no share in the school, was made arbitrator, and he
apportioned the common property, which was of no inconsiderable amount,
among his parents and his brothers. “I have,” he wrote, “considered the
property as having been accumulated within the last twelve years, and I
have supposed that the efforts of each brother were equally efficient
at the same age. I suppose accumulation to begin with the age of twenty
years. The value of the services of each I have assumed to increase with
the age of each, and in the proportion of age.”
The brothers now drew up Articles of Partnership. The two schools were
to be managed as one business. The parents retired, but their place
was filled up by the second son and his wife. The Twelfth Article of
Partnership was as follows:—
“From a consideration that it is far more important that each
claimant should receive enough money to enable him to defray
the reasonable expenses of his maintenance, clothing, &c., than
that some should be accumulating property, whilst others might
be running in debt, it was determined that should the profits
in any one year ever fall so low as not to yield more than the
estimated amount of the necessary expenses of each claimant
for that year, the proportions recorded above shall no longer
be observed, and the following sums (which are considered as
equivalent to such necessary expenditure) shall be substituted
in their stead.”
Public-domain text, read in full here on John Shaqi.
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