From Fallen London Wiki (Staging)
Within the context of bargains historically having been made in exchange for cities, this situation makes some sense.
The option seems to exist, mostly, to give pause and weight to your decision-making and, additionally, suggests that without taking such an extreme measure you may not see your favoured result come to pass.
Though, for some, this is just one life of many to expect to have to take, with their desired result.