happen in Governments, the means are
always with the Nation, and the Nation always in existence. Mr.
Burke argues that the creditors ought to have abided the fate of the
Government which they trusted; but the National Assembly considered
them as the creditors of the Nation, and not of the Government--of the
master, and not of the steward.
Notwithstanding the late government could not discharge the current
expenses, the present government has paid off a great part of the
capital. This has been accomplished by two means; the one by lessening
the expenses of government, and the other by the sale of the monastic
and ecclesiastical landed estates. The devotees and penitent debauchees,
extortioners and misers of former days, to ensure themselves a better
world than that they were about to leave, had bequeathed immense
property in trust to the priesthood for pious uses; and the priesthood
kept it for themselves. The National Assembly has ordered it to be sold
for the good of the whole nation, and the priesthood to be decently
provided for.
In consequence of the revolution, the annual interest of the debt of
France will be reduced at least six millions sterling, by paying off
upwards of one hundred millions of the capital; which, with lessening
the former expenses of government at least three millions, will place
France in a situation worthy the imitation of Europe.
Upon a whole review of the subject, how vast is the contrast! While Mr.
Burke has been talking of a general bankruptcy in France, the National
Assembly has been paying off the capital of its debt; and while taxes
have increased near a million a year in England, they have lowered
several millions a year in France. Not a word has either Mr. Burke
or Mr. Pitt said about the French affairs, or the state of the French
finances, in the present Session of Parliament. The subject begins to be
too well understood, and imposition serves no longer.
There is a general enigma running through the whole of Mr. Burke's
book. He writes in a rage against the National Assembly; but what is he
enraged about? If his assertions were as true as they are groundless,
and that France by her Revolution, had annihilated her power, and
become what he calls a chasm, it might excite the grief of a Frenchman
(considering himself as a national man), and provoke his rage against
the National Assembly; but why should it excite the rage of Mr. Burke?
Alas! it is not the nation of France that M
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