Imagens da página
PDF
[ocr errors]

Beside the expence which the nation incurs by the payment of interest, there is a very great and dangerous inconvenience that attends these anticipations. As our ministers become thereby possessed of the money at the nation's expence, they become more dilatory and negligent in calling for the produce of our taxes, out of the hands of our collectors and receivers, than they would otherwise have been. Every one knows, that these collečtors and receivers are generally the friends and favourites of our ministers; every one knows how ready the ministers of all countries arc, how necessary it is for those who sometimes happen to be the ministers of this country, to throw jobs into the hands of their friends and favourites; and every one knows what advantages a man may at all times make, by having public money left in his hands, especially since the trade of stock-jobbing has been introduced. Thus the produce of our taxes may often be for months, perhaps years, left in the hands of our colle&tors or reccivers, and the public obliged to continue paying interest for debts, which might long before have been paid off and discharged, had the money been brought into the exchequer, as soon as received from the people; and as our collectors and receivers expect to have the money left in their lands, they are but too apt to engage it in hazardous projećts, by which they of— ten become bankrupt, and the money, or great part of it, is thereby entirely lost to the public; for we know how easily our o may be, through coinpassion, induced to impower the treasury to compound with the bankrupt debtors of the public. Therefore it would always be proper for the parliament, before agreeing to any deficiency-clause, to inquire, by a committee, how the deficiency was occasioned; for such an inquiry would make the proper officers diligent and exaët in calling for the public money out of the hands of the colle&tors and receivers, and compelling its being, brought into the exchequer as soon as received by them. - [To be continued.]

[ocr errors]
[merged small][ocr errors]
[ocr errors]
[ocr errors]

Decreased in 1761 on annuities for two and three lives fallen in by deaths

Borrowed in 1761, by annuities and a lottery [xxii. 666.]

[ocr errors]
[ocr errors][ocr errors][ocr errors]
[ocr errors]
[ocr errors][ocr errors][ocr errors][ocr errors][merged small][ocr errors][ocr errors]
[ocr errors][ocr errors][ocr errors][ocr errors][ocr errors][merged small][merged small][ocr errors][ocr errors]
[ocr errors][merged small][ocr errors][ocr errors][ocr errors][ocr errors][ocr errors][ocr errors][ocr errors][ocr errors][ocr errors][ocr errors][ocr errors][ocr errors]
[ocr errors][ocr errors][ocr errors][ocr errors][ocr errors][merged small][merged small][ocr errors][merged small][ocr errors][ocr errors]
« AnteriorContinuar »