The circumstances and contingencies of the national debt, apparently not understood, yet palpable if con- sidered through the medium of plain simple honesty. 163 The identity of the debtor not duly considered, and much injustice arising from the error Without taking the most disadvantageous bargain, it the non-resident should be taxed in his property re- According to the law of the land, in individual cases, the fundholder forfeited his claim on receipt of his first usurious half-yearly dividend, and, according to yet if all the unjust gain was suffered to go by The arguments of a loan-monger against it utterly ri- Sinking-fund altogether absurd. . Propriety of effecting an arrangement PAGE 193 196 CHAPTER IX. REVENUE DUTIES, DRAWBACKS, AND BOUNTIES. Relative advantages and disadvantages of various taxes A mode for greatly diminishing smuggling 197 198 201 206 CHAPTER XI. The principles of national peace best promoted by its TO THE KING AND ROYAL FAMILY. In presuming to dedicate the following pages to the honourable, magnanimous, and beloved King of England, as the head of that interesting family so important to the interests and welfare of my country, the writer is not altogether unmindful of the vast difference between the most potent of Sovereigns and a simple individual of his hundred million subjects: yet having always, so far as he recollects, felt cordially towards his king and country, and seeing, hearing, and reading of much crime B and much distress, particularly among the working classes, and apprehending that it is neither inherent in the nature of man, nor inseparable from his indispensable circumstances, and that it admits of easy remedy, he has endeavoured to exhibit some of his ideas on the subject, and earnestly, though with diffidence, entreats that they may not be altogether disregarded. Surely this truth must be peculiarly interesting to the King, that, according to the talents bestowed, will be the fruits looked for; and if our King fully avail himself of his perhaps unprecedented opportunity of conferring happiness upon, and greatly increasing in every sense the respectability of millions, according to the great gifts of his mind, and the still greater gifts of his heart, how peculiarly interesting must be his situation, while the consciousness of even more than doubling the great benefit he has hitherto conferred upon the country would enhance every suitable |