Illustrations of political economy, Volume 9 (of 9)Martineau, Harriet
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Illustrations of political economy, Volume 9 (of 9)
Martineau, Harriet
Didactic fiction, English; Political fiction, English; Social problems -- Fiction
“So you venture to write that down as you speak it,” said Marie. “Will
you let the word ‘easy’ stand?”
“Yes; because it is used as a comparative term. Almost any plan would be
more easy than sustaining this burden from year to year. A temporary
inconvenience only would be the result of getting rid of it. I question
whether any one person would be ruined; and of the many who must
sacrifice a part of their property, every one would reap certain
advantages which must in time compensate, or more than compensate,
himself or his children. To the bulk of the people the blessing would be
incalculable. It is not for those who most proudly boast of the
resources of the country to doubt whether the thing can be done.”
“A rich and noble country is yours,” observed M. Verblanc; “and the
greater is the wonder and the shame that it contains so much misery,—
such throngs of the destitute. Enormous as has been and now is the
expenditure of your government, how have you not only sustained your
resources, but augmented them! How have you, while paying for your wars,
improved your lands, and your shipping, and your manufactures, and built
docks, and opened canals, and stretched out roads! And while the nation
has thus been growing rich, what crowds of your people have been growing
poor!”
“And how should it be otherwise, when the pressure of public loans falls
so unequally as in England? Fearful as is the amount, the inequality of
pressure is a far greater evil. It is very possible,—when we consider
the excitement afforded to industry and invention by a popular war,—that
the capital of the country would not have been very much greater than
now if we had been spared the wars and other wasteful expenditure of the
public money of the last twenty years; but the distribution is in
consequence most faulty, and the future incumbrances of the people
fearful to contemplate.”
“From your rulers having carried their system of borrowing too far.
There is, to be sure, all the difference in the world between an
individual borrowing for the sake of trade, or profit in some form or
other, and governments borrowing that which is to be dissipated in the
air or the sea, or shed upon the ground, so that it can be no more
gathered up again than the rain which sinks into the thirsty soil.”
“Why cannot war-money be raised from year to year,” asked Marie, “so
that the nation might know what it was about in undertaking a war? When
my father rebuilt his château, he paid for each part as it proceeded,
and so brought away with him no reproach of debt.”
Public-domain text, read in full here on John Shaqi.
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