ore disposed to take this estimate
of Mr. Pitt, for the purpose of showing to that minister, upon his own
calculation, how much better money may be employed than in wasting it,
as he has done, on the wild project of setting up Bourbon kings. What,
in the name of heaven, are Bourbon kings to the people of England? It is
better that the people have bread.

Mr. Pitt states the national capital of England, real and personal,
to be one thousand three hundred millions sterling, which is about
one-fourth part of the national capital of France, including Belgia. The
event of the last harvest in each country proves that the soil of France
is more productive than that of England, and that it can better support
twenty-four or twenty-five millions of inhabitants than that of England
can seven or seven and a half millions.

The thirtieth part of this capital of 1,300,000,000L. is 43,333,333L.
which is the part that will revolve every year by deaths in that country
to new possessors; and the sum that will annually revolve in France
in the proportion of four to one, will be about one hundred and
seventy-three millions sterling. From this sum of 43,333,333L. annually
revolving, is to be subtracted the value of the natural inheritance
absorbed in it, which, perhaps, in fair justice, cannot be taken at
less, and ought not to be taken for more, than a tenth part.

It will always happen, that of the property thus revolving by deaths
every year a part will descend in a direct line to sons and daughters,
and the other part collaterally, and the proportion will be found to be
about three to one; that is, about thirty millions of the above sum will
descend to direct heirs, and the remaining sum of 13,333,333L. to more
distant relations, and in part to strangers.

Considering, then, that man is always related to society, that
relationship will become comparatively greater in proportion as the next
of kin is more distant, it is therefore consistent with civilization to
say that where there are no direct heirs society shall be heir to a part
over and above the tenth part due to society. If this additional part be
from five to ten or twelve per cent., in proportion as the next of kin
be nearer or more remote, so as to average with the escheats that may
fall, which ought always to go to society and not to the government
(an addition of ten per cent, more), the produce from the annual sum of
43,333,333L. will be:

[Illustration: table361]

Ha