> [mailto:[EMAIL PROTECTED] On Behalf Of Steve Heaven > Sent: 28 March 2007 13:28 > To: [email protected] > Subject: Re: [canals-list] Re: BW forced to sell off land? > > On Wed, 2007-03-28 at 13:14 +0100, Adrian Stott wrote: > > > AIUI, BW has given up trying to get a "contract" with the > government > > to assure that BW gets a previously-determined grant each year, > > because: (a) The government won't sign such a contract, > and (b) If it > > did, it wouldn't be worth the paper it is written on. > > > Would the paper containing a "formal endowment" be worth any more ? > No: for the simple reason that Parliament can never bind itself. In other words, if the Government has command of a majority in the Commons, it will always be able to do the reverse of what it promised yesterday
I may not like it, but I can see the reasoning Ian Cardinal "As a general rule the most successful man in life is the man who has the best information." Benjamin Disraeli
