On this page
-
Text (1)
-
Untitled Article
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
-
-
Transcript
-
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.
Untitled Article
The most prudent and rational mode , and which , at the same time , should have a combination pf , $£ most advantages to the donor , to hi 9 successors , and to the charities he may select , appears to be , to fix in his mind the amount he would like to bequeath upon the old system ; and by dividing it into annual payments , increase his subscription during his life in the relative
proportions . And this is easily ascertained . De Moivre ' s rule to calculate the probability of the duration of life is so simple that it cannot be misunderstood . Wnatever may be a person ' s age , let him subtract the number of years from 86—and half of the remainder will be the probability of his life . Suppose the age 50 , from 86 leaves 36 years , the half of which is 18 . If then any one at that age should intend a bequest of £ 50 , his annual subscription , as an equivalent , would be £ 3 .
40 years , intending £ 25 , would be £ 3 . 60 ditto 100 , 7 . 70 ditto 1000 , £ 125 . and so in proportion to any age or to any amount . Whatever , then , may be the leading motive for such donations , whether the purest benevolence or the vainest ostentation , every purpose is best accomplished on the present suggestion . The philanthropist would witness
the utility of his plans ; he would be made a welcome assistant in the approp riation of his bounty ; he would increase his influence in a tenfold degree ; he would enjoy the accumulated blessings of the recipients , and thus feel encouraged to enlarge his benevolence ; and at the close of his life , spent in such acts of munificence , he would have the unutterable reflection of having performed his duty , instead of leaving a cold and forced request to others to do it for him after he was gone : while the mere man of the world , who gave solely from motives of fashion or display , would have his self-love
gratified to his heart ' s desire by the applause and adulation of the world , instead of looking to that posthumous praise which he will never feel , and which must therefore to him be a complete nonentity . Every generation should support its own institutions , to give them the full advantages of which they are capable . No person can act with the same impulse and perseverance upon plans which he must take as he finds , and which he is not at liberty to improve , as upon those which his own zeal has dictated , and in
which his success has impelled him to every effort of ardent pursuit . He thus fulfils the duties of his station in the grand drama of human existence , and leaves futurity for his successors to improve as altered circumstances may require . It is not the perpetual acquisition of fresh knowledge that the world is in want of , but the diffusion and application of what we already possess , and more especially the manl y and independent determination of each individual to dare to think for nimself , and to act upon his own matured principles , not less in the trivial concerns of life , than in its more
important avocations , or those on which the well-being ot society must eventually depend . JAMES LUCKCOCK .
Untitled Article
678 Testamentary Bequests to Public Charities .
-
-
Citation
-
Monthly Repository (1806-1838) and Unitarian Chronicle (1832-1833), Oct. 2, 1828, page 678, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/mruc/issues/vm2-ncseproduct2565/page/22/
-