The present state of the nation: particularly with respect to its trade, finances, &c.
- William Knox (author)
- Jack P. Greene (collection editor)
This essay presents a formidable array of financial figures to assert that imperial defense necessitates the involvement of all parts of the empire for support. Because Britain’s defeated rivals had failed to raise sufficient funds, they have less debt. Having less debt, they require fewer taxes, giving them an advantage which will allow them to recover sooner. Thus “present safety cannot be had without an expensive peace establishment,” and such an “establishment prevents relief from taxes.”
Show more
The text of these 18th century pamphlets has been converted by machine from scanned PDFs of the original microfilm copies. While the text has been machine-proofed, transcription errors may still remain. For example, the 18th-century long S, ſ , may be rendered as “f,” some words may be incorrectly transcribed, and there may be repeated words or phrases.