An Essay On Public Happiness Investigating the State of Human Nature Under Ea
An Essay On Public Happiness Investigating the State of Human Nature Under Ea
Franois Jean Chastellux
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The national debt is, now, one hundred and forty millions, and the annual intereft, at the rate of three and an half per cent, is five millions. K. 336 ANESSAYON on its debts, before fuch a circumftance could happen, this country muft have been engaged in fupporting three times as many wars as it hath carried on (ince 1688. I muft alfo afk againft what nations thefe wars are to be waged ? I muft allow that it would prove a very perplexing fituation, were they to be carried on againft thofe ftat...es which are not either in debt, or obliged to borrow. But were the attack to be made on France, and on Holland, I mould imagine that mat- ters would reft, at leaft, on an even footing, and I Ihould be apt to compare thefe powers to players who, with one leg tied up, engage at tennis ; the match would be lefs lively, but always equal. Were the real embarraiT- ments felt by the powers involved in debt to be objected to me, and at the fame time, were it not to be added that thefe embaraff- ments are, in a great meafure, owing to the critical fituation in which' they who govern find themfelves relatively to thofe who are governed, I fhould only anfwer, that every - nation which carries on the war with great armies, great fleets, and to fay all in one word, at a great expence, muft foon be ruin- ed, unlefs it were to make itfelf amends for its PVBLIC HAPPINESS.
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