Blackwood's Edinburgh Magazine, No. 401, March 1849Various
Science
Blackwood's Edinburgh Magazine, No. 401, March 1849
Various
England -- Periodicals; Scotland -- Periodicals
Such being the state of our finances, the question naturally suggests
itself to the mind of every thinking man, how are we to find a remedy?
The Financial Reform Associations--which are nothing else than the
bastard spawn of the Anti-Corn-law League--are perfectly ready with
their answer. They see no difficulty about it at all. "Act," they say,
"upon the same principle which every man adopts in private life. Since
your income has fallen off, reduce your expenditure. Cut your coat
according to your cloth. Find out what are the most expensive items of
your estimates, and demolish these. If you can't afford to have an
army, don't keep one. Your navy is anything but a source of income;
put it down. In this way you will presently find that you can make
out a satisfactory balance-sheet."
This is the pounds, shillings, and pence view of the case, and its
supporters are determined to enforce it. Dull statistical pamphlets,
inveighing against the enormous expense of our establishments, are
compiled by pompous pseudo-economists, and circulated by the million.
Looking to the past, it requires no familiarity to predict, that, as
sure as winter follows autumn, so certainly will the Whigs yield to
the pressure from without. Nay, it is not a prediction; for already,
in the Queen's speech, an intimation to that effect has been given.
Now this is a matter of vital moment to every one of us. We are now
verging towards the point which we have long foreseen, when the
effects of unprincipled legislation will be wrested into an argument
against the maintenance of the national greatness. We have a battle to
fight involving a more important stake than ever. We must fight that
battle under circumstances of great disadvantage; for not only has
treachery thinned our ranks, but the abandonment of public principle
by a statesman whose hairs have grown gray in office, has given an
example of laxity most pernicious to the morals of the age. But not
the less readily do we go forward at the call of honour and duty,
knowing that our cause is truth, and confident, even now, that truth
must ultimately prevail.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account