The Diplomatic Correspondence of the American Revolution, Vol. 03
History
The Diplomatic Correspondence of the American Revolution, Vol. 03
United States -- Foreign relations -- 1775-1783; United States -- History -- Revolution, 1775-1783 -- Sources
nonentity, and whoever pretends to it is laughed at as a fool, or
suspected as a knave. The committees of Congress which form the board
of war, the board of treasury, the board of foreign affairs, the naval
board, that for accounts, &c. all attend the business of their
respective functions without any salary or emolument whatever, though
they spend in it much more of their time, than any lord of the
treasury or admiralty in England can spare from his amusements. A
British Minister lately computed, that the whole expense of the
Americans in their _civil_ government, over three millions of people,
amounted to but £70,000 sterling, and drew from thence a conclusion,
that they ought to be taxed, until their expense was equal in
proportion to that which it costs Great Britain to govern eight
millions. He had no idea of a contrary conclusion, that if three
millions may be well governed for £70,000, eight millions may be as
well governed for three times that sum, and that therefore the expense
of his own government should be diminished. In that corrupted nation,
no man is ashamed of being concerned in lucrative _government jobs_,
in which the public money is egregiously misapplied and squandered,
the treasury pillaged, and more numerous and heavy taxes accumulated,
to the great oppression of the people. But the prospect of a greater
number of such jobs by a war is an inducement with many to cry out for
war upon all occasions, and to oppose every proposition of peace.
Hence the constant increase of the national debt, and the absolute
improbability of its ever being discharged.
4. Respecting the _amount and certainty of income, and solidity of
security_, the _whole_ thirteen States of America are engaged for the
payment of every debt contracted by the Congress, and the debt to be
contracted by the present war is the _only_ debt they will have to
pay; all, or nearly all, the former debts of particular Colonies being
already discharged. Whereas England will have to pay not only the
enormous debt this war must occasion, but all their vast preceding
debt, or the interest of it,--and while America is enriching itself by
prizes made upon the British commerce, more than ever it did by any
commerce of its own under the restraints of a British monopoly and the
diminution of its revenues and of course, less able to discharge the
present indiscreet increase of its expenses.
Public-domain text, read in full here on John Shaqi.
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