ld furnished for his reception, must have been
devotion; and devotion must ever continue sacred to every individual
man, as it appears, right to him; and governments do mischief by
interfering.]
[Footnote 11: See this work, Part I starting at line number 254.--N.B. Since the
taking of the Bastille, the occurrences have been published: but the
matters recorded in this narrative, are prior to that period; and some
of them, as may be easily seen, can be but very little known.]
[Footnote 12: See "Estimate of the Comparative Strength of Great Britain," by G.
Chalmers.]
[Footnote 13: See "Administration of the Finances of France," vol. iii, by M.
Neckar.]
[Footnote 14: "Administration of the Finances of France," vol. iii.]
[Footnote 15: Whether the English commerce does not bring in money, or whether the
government sends it out after it is brought in, is a matter which the
parties concerned can best explain; but that the deficiency exists, is
not in the power of either to disprove. While Dr. Price, Mr. Eden, (now
Auckland), Mr. Chalmers, and others, were debating whether the quantity
of money in England was greater or less than at the Revolution, the
circumstance was not adverted to, that since the Revolution, there
cannot have been less than four hundred millions sterling imported into
Europe; and therefore the quantity in England ought at least to have
been four times greater than it was at the Revolution, to be on a
proportion with Europe. What England is now doing by paper, is what she
would have been able to do by solid money, if gold and silver had come
into the nation in the proportion it ought, or had not been sent out;
and she is endeavouring to restore by paper, the balance she has lost by
money. It is certain, that the gold and silver which arrive annually
in the register-ships to Spain and Portugal, do not remain in those
countries. Taking the value half in gold and half in silver, it is about
four hundred tons annually; and from the number of ships and galloons
employed in the trade of bringing those metals from South-America to
Portugal and Spain, the quantity sufficiently proves itself, without
referring to the registers.
In the situation England now is, it is impossible she can increase in
money. High taxes not only lessen the property of the individuals, but
they lessen also the money capital of the nation, by inducing smuggling,
which can only be carried on by gold and silver. By the politics whi
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